The airline management said this in a statement signed on Wednesday.
Aero stated that the suspension was part of the strategic business realignment to reposition the airline and return it to profitability.
It stated that this “business decision”, which is a result of the current economic situation in the country, had forced some other airlines to suspend operations or pull out of Nigeria.
The management of the carrier said the airline had faced grave challenges in the past six months which impacted its business and by extension the scheduled services operations.
These factors, according to Aero, are both internal and external environmental factors that have made it difficult for it to continue its scheduled services.
As part of its resolve to ensure the airline survived unlike most other carriers that experienced short life span in the country, AMCON had appointed Mr. Adeniyi Adegbomire SAN as Receiver Manager in February 6, 2016, with the aim of turning the airline around.
Since AMCON’s intervention in Aero Contractors in 2011, it had provided support for the airline to meet working capital requirements and fleet expansion.
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Na Jonathan caused ham, right...??? Another characteristic of"CHANGE"...Well,as events are unfolding...
ReplyDeleteNa Jonathan caused ham, right...??? Another characteristic of"CHANGE"...Well,as events are unfolding...
ReplyDeleteMore business for Arik, Dana & Airpeace. People die everyday and the country does not come to an end. If some companies have folded since what is so special about AERO? They should look inward and reduce their flights to unprofitable destinations. Can they not fly a plane with full passengers twice from PH-LOS for example instead of four flights? Abeg let us hear stories of food not airline.
ReplyDeleteMake I hear wetin dem go talk sey cause am. Walahi, this president is the best we've had.. Things are not the worst yet though... Don't we all love change? No forget o, Geskiya! Our Naira is still diving the pit
ReplyDeleteChaii.this Jonathan oo.why are you causing all these
ReplyDeleteChange! Very soon your house will be left to you desolate. Shame.
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ReplyDelete