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EXCLUSIVE: Nigerian Assets Corporation, AMCON Under Alhaji Kuru Flouts Aviation Regulation, Court Order; Plans To Start New Airline December 1 With 'Wet Leased Aircraft'

There is controversy surrounding the taking off of NG Eagle, an airline reportedly set up by the Asset Management Corporation of Nigeria (AMCON), SaharaReporters has gathered. SaharaReporters learnt that the airline had wet leased two Airbus aircrafts to start commercial operations on December 1, 2023. This is however against the Nigerian aviation regulations which states that a commercial airline cannot start up with wet leased aircrafts but with Nigerian registered (5N) aircraft. ....

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ch-aviation.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ch-aviation.com Daily Mail and Mail on Sunday newspapers.

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ch-aviation.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ch-aviation.com Daily Mail and Mail on Sunday newspapers.

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How Nigerian Assets Corporation, AMCON Mismanaged Arik Air, Depleted Spare Parts Inventory From $150million To Less Than $15million – Stakeholders

The shareholders of Arik Air Limited have slammed the Managing Director of the Assets Management Corporation of Nigeria (AMCON), Alhaji Ahmed Kuru, for allegedly using misinformation and deliberate fabrication of falsehood to run the company aground. The shareholders said the Arik Air under AMCON’s receivership operated only two aircrafts and the Arik Hangar in Lagos was a static display of 14 abandoned new generation aircraft while the rest had “either been cut to pieces, sold, and shipped out of the country.” ....

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