Shareholders of Arik Air have debunked the claim by the Asset Management Corporation of Nigeria (AMCON) that it was indebted to lessors and financial institutions to the tune of N240 billion before the take of the airline on February 9, 2017. A document obtained by Nairametrics, dated September 20, 2023, with the head: ‘Arik Air...
After the Bell: SAM I am … not — State Asset Management ... msnNOW Read further.
WASHINGTON — The introduction of Airbus A330 freighters in Amazon’s air logistics operation opens the door for Hawaiian Airlines to capture more business from the retail giant if it proves a reliable partner under a new arrangement to fly parcels that starts next month, the company’s chief executive said. Hawaiian Airlines (NASDAQ: HA) received its...
Red Way, a startup airline based in Lincoln, Nebraska, has announced that it will cease operations and no longer operate flights starting from August 31, 2023. The decision was made due to the “insurmountable challenges” faced by the small startup in the airline industry and the inability to sustain operations due to increasing costs and...
