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Nairaland Forum / Nairaland / General / Travel / Aero Contractors Airlines Nigeria Suspends Operation (20520 Views)
Aero Contractors Explains What Caused The Smoke On The PortHarcourt-Lagos Flight / Aero Contractors Airlines Resumes Scheduled Flight / Passengers Stranded As Aero Contractors Airlines Suspends Operation (photos) (2) (3) (4)
Aero Contractors Airlines Nigeria Suspends Operation by DONSMITH123(m): 12:55pm On Aug 31, 2016 |
Aero Contractors Airlines, Nigeria’s second largest commercial carrier, has confirmed an exclusive report of The PUNCH by announcing the suspension of its scheduled services beginning from Thursday September 1, 2016. On Monday, August 22, 2016, The PUNCH exclusively reported that the airline was set to lay off some of its workers due to its worsening financial crisis. The report also noted that the carrier was in talks with aviation unions on how to cut down on the number of workers in its employ, after sources from the sector revealed that Aero was contemplating a suspension of its scheduled flight services. Confirming this in a statement signed by the carrier’s management on Wednesday, Aero stated that the suspension was part of the strategic business realignment to reposition the airline and return it to profitability. It stated that this “business decision”, which is a result of the current economic situation in the country, had forced some other airlines to suspend operations or pull out of Nigeria. The management of the carrier said the airline had faced grave challenges in the past six months which impacted its business and by extension the scheduled services operations. These factors, according to Aero, are both internal and external environmental factors that have made it difficult for it to continue its scheduled services. It stated that during the period in review, Aero witnessed epileptic operations and services to the external public that were caused by non-alignment of fundamental issue of the business, which in some cases had been frustrating and embarrassing to all parties including staff, customers and indeed all stakeholders. As part of its resolve to ensure the airline survived unlike most other carriers that experienced short life span in the country, AMCON had appointed Mr. Adeniyi Adegbomire SAN as Receiver Manager in February 6, 2016, with the aim of turning the airline around. Since AMCON’s intervention in Aero Contractors in 2011, it had provided support for the airline to meet working capital requirements and fleet expansion. These were to ensure the airline remains a going concern providing services to various clients and the general public. But the airline noted that unfortunately, the operating environment within and outside the Aero had hindered any possible progress especially in the last six months when the naira depreciated against the dollar thus making it impossible for the airline to achieve its operational targets. It started that with these realities coupled with protracted engagements with all relevant stakeholders, the management strenuously reviewed and assessed options and opportunities on ensuring viability, safety and sustainability of operations during the period with a lot of sacrifices. The airline said, “The impact of the external environment has been very harsh on our operational performance, hence management decision to suspend scheduled services operations indefinitely effective September 1, 2016, pending when the external opportunities and a robust sustainable and viable plan is in place for Aero Contractors to recommence its scheduled services. “The implication of the suspension of scheduled services operations extends to all staffs directly and indirectly involved in providing services as they are effectively to proceed on indefinite leave of absence during the period of non-services. It added, “We are aware of the impact this will have on our staff and our highly esteemed customers, hence we have initiated moves to ensure that we are able to return back to operations within the shortest possible time, offering reliable, safe and secure operations, which the airline is known for.” http://punchng.com/breaking-aero-confirms-punchs-report-suspends-scheduled-services-2/
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Re: Aero Contractors Airlines Nigeria Suspends Operation by Nobody: 1:04pm On Aug 31, 2016 |
just when I think we've seen it all, it keeps getting worse ![]() after surviving this administration, the Apocalypse would be a child's play for Nigerians ![]() 115 Likes 2 Shares |
Re: Aero Contractors Airlines Nigeria Suspends Operation by PaulIdu: 1:06pm On Aug 31, 2016 |
In 1984 Hurricane Buhari came and swept the Nigerian economy to the stone age , in 2015 it came again to do same and is on course..Weldone Buhari 111 Likes 1 Share |
Re: Aero Contractors Airlines Nigeria Suspends Operation by DONSMITH123(m): 1:08pm On Aug 31, 2016 |
PaulIdu: splenzard: Change!!! ![]() 59 Likes 1 Share |
Re: Aero Contractors Airlines Nigeria Suspends Operation by VampireeM(f): 2:09pm On Aug 31, 2016 |
Even Aero contractors the national carrier are experiencing this recession badly, what would happen to others? Tax upon Tax with nothing to show for it. Buhari and this APC govt is just a disaster! And some fools are saying change is a gradual process meanwhile they are starving... Buhari and his economic team are dullards and 100% incompetent.. He should just resign pls 91 Likes |
Re: Aero Contractors Airlines Nigeria Suspends Operation by chidexSmokey(f): 2:31pm On Aug 31, 2016 |
hmmmmm. more reason why ENIVED AIR is gaining grounds. 2 Likes |
Re: Aero Contractors Airlines Nigeria Suspends Operation by veekid(m): 2:40pm On Aug 31, 2016 |
Toyin Aimakhu own contractor #Alakada 1 Like |
Re: Aero Contractors Airlines Nigeria Suspends Operation by Nobody: 2:41pm On Aug 31, 2016 |
Ok What have we done to reach this new low ![]() What useless government do we have that can not manage simple economics/economy ![]() Useless APC government ![]() ![]() ![]() Can we survive this next three years? 62 Likes 2 Shares
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Re: Aero Contractors Airlines Nigeria Suspends Operation by henrydadon(m): 2:41pm On Aug 31, 2016 |
![]() when are they going to serve buhari with impeachment notice we cant just open our eyes and allow one certified kunu sipping gorilla burukutu sipping monkey and a gworo crushing demon bastard nonentity with an empty brain filled with fura d'nunu and roasted suya. to ruin this country ![]() 60 Likes |
Re: Aero Contractors Airlines Nigeria Suspends Operation by MadCow1: 2:41pm On Aug 31, 2016 |
O well.. Time to start road movement. 15 Likes |
Re: Aero Contractors Airlines Nigeria Suspends Operation by miteolu(m): 2:41pm On Aug 31, 2016 |
Professor Buhari may shut down anything but can not shut down Nairaland Forum. 7 Likes
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Re: Aero Contractors Airlines Nigeria Suspends Operation by PaulIdu: 2:42pm On Aug 31, 2016 |
chidexSmokey: Whats that |
Re: Aero Contractors Airlines Nigeria Suspends Operation by khaymillers: 2:42pm On Aug 31, 2016 |
me that my father is a multimillionaire, the family's private jet is always available. I have nothing to do with public transport. One of the benefits of coming from a rich home. Okay byye. Quote me and claim all your generational curse 3 Likes |
Re: Aero Contractors Airlines Nigeria Suspends Operation by Ibukun003(m): 2:42pm On Aug 31, 2016 |
This is getting more serious... Opportunity for Arik to increase their exorbitant fees... All we can hope for is ALL MUST BE WELL... I think its time the youths arose... 9 Likes |
Re: Aero Contractors Airlines Nigeria Suspends Operation by izzou(m): 2:42pm On Aug 31, 2016 |
God help us in this country. I hope we all survive this era 2019, where art thou? 8 Likes 1 Share |
Re: Aero Contractors Airlines Nigeria Suspends Operation by Kakamorufu(m): 2:43pm On Aug 31, 2016 |
na wa o. It is welllll my people |
Re: Aero Contractors Airlines Nigeria Suspends Operation by Lifestone(m): 2:43pm On Aug 31, 2016 |
This is no good news to us as a Nation. I suspect this might happen after AMCON appointed a receiver manager over the company. I had expected a complete restructuring of this airline probably with a debt equity swap when it was taken over by AMCON. This is another example of why government should not get involve in business. They should have pursued privatisation of this enterprise. Now staff will lose their jobs, other service providers will be out of business and the economy just sinks deeper. Indeed a true sign of recession under PMB 29 Likes 1 Share |
Re: Aero Contractors Airlines Nigeria Suspends Operation by PaulIdu: 2:43pm On Aug 31, 2016 |
We need an interim govt now to stabilise the economy and conduct fresh elections because we all made a big mistake in the last election 34 Likes 2 Shares |
Re: Aero Contractors Airlines Nigeria Suspends Operation by neonly: 2:43pm On Aug 31, 2016 |
What!!!!!!!!!!!! Bubu 5 Likes |
Re: Aero Contractors Airlines Nigeria Suspends Operation by kinzmen: 2:43pm On Aug 31, 2016 |
Some go say na Buhari........ Ok see them..... But you no vote... But na you complain pass,,... please ladyf come make i see you b4 i pass go sokoto.... 1 Like |
Re: Aero Contractors Airlines Nigeria Suspends Operation by complete1(m): 2:43pm On Aug 31, 2016 |
This man wan finish this country before he die sha!abeg if na you offend buhari go beg am naa 14 Likes 1 Share |
Re: Aero Contractors Airlines Nigeria Suspends Operation by lifezone247(m): 2:44pm On Aug 31, 2016 |
Which plane I go come de claim staff and enter for free now? ![]() 3 Likes |
Re: Aero Contractors Airlines Nigeria Suspends Operation by hUmaneOne: 2:44pm On Aug 31, 2016 |
Can't the National Assembly impeach this motherfvcker? ![]() ![]() 14 Likes |
Re: Aero Contractors Airlines Nigeria Suspends Operation by DeKen: 2:44pm On Aug 31, 2016 |
More loss of jobs. ![]() 7 Likes |
Re: Aero Contractors Airlines Nigeria Suspends Operation by geostrata(m): 2:44pm On Aug 31, 2016 |
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Re: Aero Contractors Airlines Nigeria Suspends Operation by ceeethru(m): 2:45pm On Aug 31, 2016 |
The airline have over 1,500 staffs and unfortunately, they will all be in the labour market soon. SMH 14 Likes |
Re: Aero Contractors Airlines Nigeria Suspends Operation by Sunnycliff(m): 2:46pm On Aug 31, 2016 |
This would have been the best time to float our National Carrier but politics of bitterness, lootocracy and ofo ma ofojuo akpa has undermined this country! 3 Likes |
Re: Aero Contractors Airlines Nigeria Suspends Operation by chidexSmokey(f): 2:46pm On Aug 31, 2016 |
PaulIdu:ENIVED AIR is the name of the airline set to take off very soon. it's gaining more ground because other airlines are leaving, thereby giving it room to set-in... 1 Like |
Re: Aero Contractors Airlines Nigeria Suspends Operation by Greenback: 2:47pm On Aug 31, 2016 |
Hmmm,doghari's dividends of democracy..
Doghariously beautiful.. 1 Like |
Re: Aero Contractors Airlines Nigeria Suspends Operation by chemicalDisease: 2:47pm On Aug 31, 2016 |
Any one that survives this Buharis regime
will survive even in hell fire. 7 Likes 1 Share |
Re: Aero Contractors Airlines Nigeria Suspends Operation by Kaybaba5(m): 2:47pm On Aug 31, 2016 |
Na sweetness that ends bitterness Nigeria is going somewhere 1 Like |
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