Ethiopian Airline On the Verge Of Acquiring Failing ARIK Airline (See Full Details)

Date: 31-08-2017 8:24 pm (6 years ago) | Author: Grace Garland
- at 31-08-2017 08:24 PM (6 years ago)
(m)

Ethiopian Airlines is moving to take over Nigeria’s largest airline Arik Air, CNN is reporting.

Arik Air has, since February, been operated by Asset Management Corporation of Nigeria (AMCON) due to prolonged crisis that saw services canceled, staff unpaid, and mounting debt (More than N300bn according to the federal government).

Speaking to CNN, Ethiopian Airlines managing director of international services Esayas WoldeMariam said: “We have outlined our terms and conditions to the Nigerian government and we are waiting to see if they agree. We are capable and desirous of handling the airline.”

WoldeMariam, without giving details of the offer, said that Ethiopian Airlines expects ti face competition from other international airlines.

Godfrey Odudigbo, minister plenipotentiary at the Nigerian embassy in Addis Ababa said the negotiation between Ethiopian Airlines and the Nigerian government could be completed before end of 2017.

Posted: at 31-08-2017 08:24 PM (6 years ago) | Upcoming
- BournIdentity at 29-09-2017 04:39 AM (6 years ago)
(m)
Roll Eyes Roll Eyes Roll Eyes                                                                     
Posted: at 29-09-2017 04:39 AM (6 years ago) | Addicted Hero
Reply
- ruthie at 31-10-2017 06:00 PM (6 years ago)
(f)
NAWA O...
Posted: at 31-10-2017 06:00 PM (6 years ago) | Hero
Reply
ReplyFollow
Login To Post Reply

Latest Updates

Banner Calling Out "Home Wrecker" With Her Face & Work Place Display On Plastered By A Roadside

How Bandits Storm Kaduna Community In Fresh Attack, Killed 23 Persons

Mother Who Admitted Smothering Her 2month Old Baby To Death With Pillow While High On Meth Is Found Not Guilty

IGP Withdraws Policemen Attached To Wanted Ex Kogi Gov. Yahaya Bello

Actress Etinosa Rants About Irresponsible Parents

A Man Who Marries A Woman Who Twerks Online For A Living Is A Fool Says Solomon Buchi

Grandmother Arrested For Locking Up Her Grandchildren In A House In Lagos

Tragedy As Kenyan Defence Chief, 9 Other Senior Officers Perish In Helicopter Crash

I Wish They'll Bring Back Those Days When Men Will Go To War And Never Return - Woman Blows Hot

More Featured Topics

fire TRENDING GISTS fire

THIS WEEK

  1. Body of Makeup Artiste, Abigail Frederick, Who D!ed in Boat Mishap With Jnr Pope Exhumed

  2. Moment Atiku Abubakar And Nyesom Wike Snub Each Other At PDP National Caucus Meeting (VID)

  3. The Real Reason Tinubu Government Went After Bobrisky - Reno Omokri Drops Bombshell

  4. U.S-Based Model's Accidental Post Of Her With Davido In A 'Cozy" Mood Sparks Rumors(Photos)

  5. 18-Yr-Old Usman Umar To Be Arrested For Fatal Stabbing Of Friend, Usman Abubakar In Adamawa

  6. Check Out The Video That Got Cubana Chief Priest Into EFCC's Net

  7. "Why Zubby Michael Won’t Dare Mourn Junior Pope" - Actress Angela Okorie

  8. PICS: Ex Ooni Of Ife's Wife, Queen Naomi Ties The Knot Again On Her 31st Birthday

  9. Embarrassing Moment Lady Was Busted For Lying During Her Testimony in Church (Video)

  10. Embarrassing Turn for Afrobeats Star, Davido in Latest Romantic Scandal With American Model

TOP MEMBERS:
  • gogoman 961
  • fineboy77 619
  • felicilin 493
  • bohlah 245
  • kacylee 230
Read More

Featured Topics

. Banner Calling Out "Home Wrecker" With Her Face & Work Place Display On Plastered By A Roadside

. How Bandits Storm Kaduna Community In Fresh Attack, Killed 23 Persons

. Mother Who Admitted Smothering Her 2month Old Baby To Death With Pillow While High On Meth Is Found Not Guilty

. IGP Withdraws Policemen Attached To Wanted Ex Kogi Gov. Yahaya Bello

. Actress Etinosa Rants About Irresponsible Parents

. A Man Who Marries A Woman Who Twerks Online For A Living Is A Fool Says Solomon Buchi

. Grandmother Arrested For Locking Up Her Grandchildren In A House In Lagos

. Tragedy As Kenyan Defence Chief, 9 Other Senior Officers Perish In Helicopter Crash

. I Wish They'll Bring Back Those Days When Men Will Go To War And Never Return - Woman Blows Hot

. Lagos Govt Arrests 25 Suspected Miscreants, Including Lebanese Squatting Under Bridges

.. Controversial Singer, Portable Celebrates Wife, Bewaji On Her Birthday, Shares Lovely Photos

. Nigeria Correctional Service Refutes Claims That Bobrisky Was Moved From Ikoyi Prison To Kirikiri

. VID: Tiktoker Nickie DaBarbie Accuses Singer, Skiibi Of Attempting To Use Her For Ritual

. "I’m Ready To Help Burna Boy If He Is Respectful" –Brymo Throws Shade

. Check Out These Nollywood Actors Who Ventured Into Music

. Is It Normal For A Man To Wash His Partner's Pant? - Actor Adeniyi Johnson Asks

. Isaac Fayose Reacts To Trending Video Of A Crossdresser In A Police Station

. Netizens Knock Tinubu’s Aide, Onanuga Over Comment On Yahaya Bello Arrest

. Farmer, Terkula Chile Remanded Over Attempted Murder In Benue

. Faces Of Four Full Grown Men Nabbed For Alleged Transformer Theft In Ebonyi

More Featured Topics