The Asset Management Corporation of Nigeria (AMCON) has again proposed merging Aero Contractors (N2, Lagos) and Arik Air (W3, Lagos) into a new national carrier as a solution for the survival of the two airlines, which have been under the management of the government-owned entity since they went into receivership in 2016 and 2017, respectively.

Speaking at a media briefing in Lagos on August 26, new AMCON managing director and CEO Gbenga Alade said the corporation’s previous management had first proposed converting Arik…

Source: ch aviation
Read more: Nigeria's AMCON again eyes Arik, Aero merger