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Aero Contractors

4 Aug
Nigerian Civil Aviation Authority (NCAA), yesterday, confirmed that the local commercial airlines are in financial dire straits, requiring concerted efforts to avert industry shutdown.
22 Jul
Barely a month after operators raised the alarm about the imminent collapse of three local carriers, the prediction perhaps has its first casualty in Aero Contractors airline.
19 Jul
After months of speculation on the financial health of the oldest local airline in the country, Aero Contractors yesterday announced a temporary suspension of flight operations, effective from tomorrow.
18 Jul
The management of Aero Contractors Company Nig. Ltd., said it would temporarily suspend scheduled passenger services operations from Wednesday.
17 May
A coalition of aviation workers' unions yesterday, raised the alarm over alleged imminent plan to ground Areo Contractors airline and further downsize another 40 per cent of its workforce.
13 May
For the second time in two months, the National Assembly on Monday, summoned airline operators, oil marketers, Nigerian National Petroleum Corporation (NNPC) and the Central Bank of Nigeria (CBN) to a round-table over soaring cost of jet fuel for which the operators threatened to shut down local air transport services.
10 Mar
Six local airlines, yesterday, agreed to shelve rivalry as they entered into a commercial alliance on mutual support in the area of operation.
21 Feb
Despite an appreciable surge in the number of new investors angling to float local airlines, the industry is much more in a precarious zone with operators struggling with depleted fleet capacity and low market penetration.
15 Feb
Aviation workers’ unions have threatened to picket Aero Contractors over unpaid salary and alleged malfeasance in the management-workers’ relationship at the struggling airline.
23 Jul 2021
Local flight operations can be chaotic, and sometimes bizarre. The latter best describes a scene at Abuja Airport some days ago.
4 Jun 2021
Competition causes business to thrive. In Nigerian aviation industry, competition, ego and other environmental challenges kill businesses.
1 Jun 2021
About three years after its unveiling in London, United Kingdom, and subsequent suspension, the Federal Government is having another go at the new national carrier project with an estimated sum of N170.5 billion already on the table.

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