AMCON breaks silence over Ethiopian Airlines bid for Arik Air

The Asset Management Corporation (AMCON), on Monday said no negotiation with Ethiopian Airlines to manage the Nigerian carrier, Arik Airline.

This is contained in a statement signed by Jude Nwauzor, Head of Corporate Communications.

Ethiopian Airlines recently announced that it had submitted its bid to the Nigerian government.

But AMCON insists it is not aware of any proposal from the company.

“It is on record that the Receivership Team has within the period stabilised the operations of the airline, marked by stability of schedules; improved On-Time-Performance (OTP) and revamped customer service among others.

“Today, the Airline has regained its dominance as the most reliable carrier in the country with growing passenger patronage and confidence.

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