The Federal Government is not planning to convert Nigeria’s biggest and beleaguered airline, Arik Air, to a national carrier, contrary to speculations making the rounds since the takeover of the airline.
Some senior officials at the aviation arm of the Federal Ministry of Transportation disclosed this on Saturday.
This is as the Asset Management Corporation of Nigeria revealed that if not for the Federal Government’s intervention in Arik Air, the airline would have stopped operations on Monday, February 13, due to its heavy debts.