Arik to reduce flight operations

Arik Airline is scaling down flight operations due to its smaller fleet of 10 aircraft down from 28. The airline was taken over by the Assets Management Corporation of Nigeria (AMCON), owned by the Federal Government, last week to rescue it from collapse due to debts. The airline has only 10 functional aircraft since 10 have been retained overseas for non-payment of dues and eight are grounded at Lagos airport. The new management company is working to bring to 10 aircraft stuck overseas home as soon as possible but in the meantime it is revaluating the flight schedule to serve