Sanusi Archives - Aviation metric

67 Years in the Sky: Sanusi Lauds AMCON, urges FG to protect Aero Contractors as “National Treasure”

Posted on October 5, 2026October 5, 2026 by Wole Shadare

The Managing Director of Aero Contractors, Capt. Ado Sanusi, has paid a glowing tribute to the Asset Management Corporation of Nigeria (AMCON), crediting the debt recovery agency with saving Nigeria’s oldest airline from total collapse during its lowest point in 2016. Speaking in his keynote address to mark the airline’s 67th anniversary, Sanusi recalled how AMCON stepped in, acquired a majority stake, and gave the carrier a vital lifeline. He expressed deep gratitude to the…

Sanusi: Huge taxes contributory factor to airline high mortality rate

Posted on June 15, 2025June 17, 2025 by Wole Shadare

The Chief Executive Officer of Aero Contractors, Capt. Ado Sanusi has again highlighted the difficulties airlines face in the country. Sanusi, who spoke to Aviation Metric at the weekend, lamented that the huge taxes faced by carriers are a contributing factor to airlines death, stressing that they form a major contributory factor to aircraft going under. His words, “The reason is that airlines are heavily taxed in this country. There’s multiple taxation because you’re not…

Why Nigeria’s wet lease pact remains unprofitable-Sanusi

Posted on December 10, 2024 by Wole Shadare

..Lists reasons airlines struggle The Managing Director of Aero Contractors, Capt Ado Sanusi has given the reason why wet leased aircraft are only profitable for a very short period. In a media briefing in Lagos, the airline chief explained that the profitability of a wet lease is only determined by the stability of the local currency which is the Naira in Nigeria. He however stated that the closing of different tiers of exchange rates…