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Arik Air: A Carrier Entangled In Monumental Crises

Posted on June 20, 2023June 20, 2023 by Wole Shadare

The crises rocking Arik Air are multi-dimensional and lack a solution. WOLE SHADARE chronicles the problems of the carrier and the futile attempts by its founder, Johnson Arumemi-Ikhide to reclaim his airline A model at inception The crisis rocking the erstwhile biggest airline in West and Central Africa, Arik Air, took another turn this penultimate week following the sale of one of its assets – a CRJ 1000 aircraft with registration number 5N-JEE. Arik at its inception…

Delta appoints Matteo Curcio Senior VP Europe, Middle East, Africa and India

Posted on June 18, 2023June 18, 2023 by Wole Shadare

Delta Air Lines has appointed Matteo Curcio as its new Senior Vice President for Europe, Middle East, Africa, and India (EMEAI). Based in Paris, Curcio will be responsible for overseeing all commercial activities across the EMEAI region while further developing long-term growth opportunities with Delta’s joint venture partners Air France-KLM and Virgin Atlantic. Since joining Delta in 2006, Curcio has held a variety of positions with increasing responsibility across the company including trans-Atlantic network planning,…

The Dirty Tactics Of A Bully Borrower, By Omokide Kamilu Alaba

Posted on June 18, 2023 by Wole Shadare

This statement is issued on behalf of Arik Air Limited (in Receivership) (Arik) under the leadership of its Receiver Manager, Omokide, Kamilu Alaba, FCA in response to recent media reports concerning an EFCC investigation into the affairs of Arik. These reports have unjustifiably, and without verification of the facts, linked the Receiver Manager of Arik to financial fraud within Arik. The investigation is apparently based on a petition filed by Mr. Femi Falana, SAN (the Petition)…

Export Development Canada Admonishes EFCC On Interference With Mortgage Rights

Posted on June 16, 2023June 16, 2023 by Wole Shadare

The Export Development Canada (EDC) has warned the Economic Financial and Crime Commission (EFCC) to lay off its Mortgage Rights, the CRJ 1000 which the crime commission is obstructing the owner from repossessing following a petition filed by Sir Johnson Arumemi, founder of Arik Air. The situation has called to question the urgent need by the Nigerian state to protect the interests of international lenders, such as Export Development Canada (EDC), and other potential lenders…

BASL, Nigeria Police Renew Collaboration To Sustain, Improve Security At MMA2

Posted on June 16, 2023 by Wole Shadare

Bi-Courtney Aviation Services Limited (BASL) and the Nigeria Police, Airport Command, have renewed their partnership aimed at improving safety and security at the Murtala Muhammad Airport Two, Terminal 2 (MMA2). During an inaugural courtesy visit to the terminal, the Commissioner of Police, Airport Command, CP Ebong E. Ebibwa, and his team, including Deputy Commissioner of Police, DCP Kayode Sunday, renewed the Memorandum of Understanding that has been in place for over 16 years between the…

Poor maintenance, power failure cause of Max Air’s near mishap-NSIB

Posted on June 15, 2023 by Wole Shadare

Wheel fall out, embarrassment to Boeing The Nigerian Safety Investigation Bureau (NSIB) has disclosed the cause of the incident involving a Boeing 737-400 aircraft operated by Max Air Limited with registration number 5N-MBD. The Director General of the NSIB, Akin Olateru, disclosed this while speaking with journalists on Thursday in Abuja. According to Olateru, the incident which occurred on May 7th, 2023 was due to poor maintenance and power failure. He said the Yola…

How Johnson-Ikhide’s plan to reposes Arik crumbled amid N297.3 billion debts to AMCON

Posted on June 15, 2023June 15, 2023 by Wole Shadare

How once flourishing Nigerian carrier mismanaged fortune Corporation set up four-man resolution team The struggle by the founder of Arik Air, Sir Arumemi Johnson-Ikhide to reclaim his airline may have hit the rocks. Arik Air was in 2016 taken over by the Assets Management Corporation of Nigeria (AMCON) over reported N300b debts. As a first step, John-Ikhide had on May 18, 2022, written a letter to AMCON seeking to recover his airlines taken over…

Makolo: There’s growth potential in Africa’s aviation despite yawning gaps

Posted on June 13, 2023 by Wole Shadare

Yvonne Manzi Makolo is the CEO of Africa’s rising airline, RwandAir. She is the first female to chair the International Air Transport Association (IATA) Board of Governors. In this interview with WOLE SHADARE at the recently concluded IATA 79th AGM in Istanbul, Turkey, she talks about myriads of challenges militating the growth of African airlines, investments in Sustainable Aviation Fuel (SAF) and the gains the continent’s carriers have made in the field of aviation among others. Congratulations on…

Concern over poor female presence in aviation field

Posted on June 13, 2023 by Wole Shadare

Gender diversity continues to be a hot topic and in the aviation industry, it’s a big problem. According to the International Air Transport Association (IATA) which represents 290 airlines, the proportion of women holding C-level roles in the industry is just 3%, writes, WOLE SHADARE Poor numbers Statistics show that only about 13% of jobs in aviation are held by women. Today, the aviation industry is grappling with methods to improve inclusion and diversity. For some…

Emirates, Kenya Airways enter interline pact between Africa, Middle East

Posted on June 12, 2023 by Wole Shadare

New interline increases Emirates’ footprint to 148 African points Emirates and Kenya Airways (KQ) have announced an interline partnership that will allow customers of both airlines access to new destinations on the two airlines’ networks within a single itinerary. The agreement will provide customers with increased travel options as well as seamless baggage check-in to their final destination. Emirates customers will now be able to fly to 28 destinations on the Kenya Airways network…

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