Operations of Arik Airline has stabilised following the intervention of Asset Management Company of Nigeria AMCON. Managing Director of Arik Air, Capt. Roy Ilegbodu, who was appointed by AMCON to rescue the airline weekend said the operations of the airline had been stabilised following the intervention of AMCON. The airline which ran into difficulty as a result of mounting non performing loans was taken over by AMCON to salvage it from total collapse.
Briefing journalists in Lagos, Ilegbodu commended the measures put in place by AMCON to revive the airline within the last few months. He said “The airline business is complex and that complexity means that a lot of attention is needed to keep it efficient and safe. In the past few months since we assumed office, the new management has been able to enhance the value of the airline, improve customer experience, and sustained its safety procedures,’’ he said. Ilegbodu said that Arik Air was not exempted from the challenges confronting all the airlines, noting that the new management had been able to come out from the challenges to bring stability to its operations.
“We have improved in our on-time performance which I think is a great feat to the airline. We have resumed flight operations in some West Africa countries and we have worked very hard to regain customer confidence which had been battered before we resumed,’’ Ilegbodu added.
According to him, the airline has also been able to pay up all its workers salaries, up-to-date. “We can’t use our workers for 30 days and not pay them; as you all know, this is a safety industry. For instance, how do you want a pilot to feel if he is not paid his salary for two months?
“All he will be thinking of is how he will be able to survive without pay; thereby keeping the lives of the passengers and crew in danger,’’ he said.
Ilegbodu said that at the moment, the airline had resumed its flight operations to Senegal, Accra and Togo. “We will eventually expand on our operations as time goes on. What we did when we came in was to shrink the operations to a manageable size and we are now expanding on our routes. “Since Nigeria is a bigger market in the aviation industry business, we presently have 14 aircraft in our fleet; three have gone for C- Checks, while 11 aircraft are in operation. We can now boast of approximately 4,000 passengers daily in our various flight operations,’’ he said.
The managing director said most of the challenges it was facing at the moment were what other airlines were also experiencing. “Apart from our workers that are paid in naira, most of our operational costs are paid in dollars, which is affecting the profit the airline is generating,’’ he said.
Ilegbodu also assured the flying public that the airline had put some measures in place to improve on safety operations across its routes. He said the measures would ensure uninterrupted safety operations which Arik Air was known for since it began operations.
AMCON had on Feb. 9 taken over Arik Air as a result of its huge debt profile and thereafter appointed Capt. Roy Ilegbodu to manage the airline, under the receivership of Mr Oluseye Opasanya
