NG Eagle airline incurs N22b loss over stalled operation, National - News Summed Up

NG Eagle airline incurs N22b loss over stalled operation, National


The National Assembly had in February 2022 said the new start-up airline would not see light of the day until Arik Air offsets outstanding debt of N10.8 billion. The Joint House Committees on Aviation had in 2021 ordered NCAA not to release AOC to NG Eagle till grey issues of staff welfare are resolved at Arik Air. The airline was granted passenger, cargo, scheduled and charter flight operations, and the AOC was to expire on September 20, 2023. A source in the new airline said the last lap of approval was actually stalled for “political reasons” rather than technical doubts. As an alternative, the Federal Government, through AMCON, decided on a new carrier, NG Eagle, from some viable assets of Arik Air.


Source: The Guardian April 11, 2022 03:39 UTC



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