Arik Airline Reportedly Shuts down Operation, Leaves Passengers Stranded
Passengers of Arik Airline are stranded across different airports in the country as a result of suspension of operations by the company.
An official at the Murtala Muhammed International Airport confirmed this to journalists saying none of the company’s flight had taken off as at 4:15pm on Tuesday.
“Passengers are stranded at the airport now. The situation is even better because today is a public holiday,” he said.
“We don’t know what will happen by tomorrow.”
The development comes barely a week after Joseph Arumemi-Ikhide, chairman of Arik Air, said surviving airlines were only doing national service.
Arumemi-Ikhide said the policies of the Central Bank of Nigeria (CBN) do not favour local airlines.
Aero Contractors and FirstNation suspended operations two weeks ago.
More Stories
BREAKING: PRADA TO BUY RIVAL VERSACE FOR 1.25 BILLION EUROS
Italian fashion house Prada announced Thursday that it had reached a deal with US group Capri Holdings to buy Versace...
BUSINESS: US DOLLAR SLUMPS ON STOP-START TARIFFS
On Thursday, members of the Nigeria Labour Congress picketed the Federal Ministry of Mines and Steel Development's Abuja office building....
OTEDOLA CELEBRATES DANGOTE AS GREATEST ENTREPRENEUR IN AFRICA AT 68
Billionaire Femi Otedola has wished fellow tycoon Aliko Dangote a very happy birthday, calling him "the greatest entrepreneur to have...
BUSINESS: FG SIGNS $329 MILLION DEAL WITH CHINESE FIRM TO BOOST POWER SUPPLY
The Federal Government has signed a $328.8 million contract with Chinese firm, China Machinery Engineering Corporation (CMEC), to rehabilitate and...
BUSINESS: CRYPTO REBOUNDS, GAINS 10% IN 24 HOURS
The cryptocurrency market rebounded on Tuesday, with Ethereum (ETH) rallying back to around $1,550, about a 10% gain within the...
CBN INTERVENES WITH $197.71 MILLION AS OIL PRICES DROP
Following President Donald Trump's broad trade tariffs on several nations, crude oil prices have weakened, falling by more than 12%...