Labour unions in the aviation sector on Thursday shut down Arik Air operations, vowing to continue the action until the airline agreed to implement the agreement reached by the two parties in December. The unions involved in the action are National Union of Air Transport Employees, Air Transport Services Senior Staff Association of Nigeria and National Association of Aircraft Pilots […]
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AMCON, OAS HELICOPTERS IN TALKS OVER DEBT PAYMENT
Asset Management Corporation of Nigeria (AMCON) and Odengene Air Shuttle (OAS Helicopters) have began talks over debt payment plan and withdrawal of a takeover bid of the helicopter service company. AMCON, which sealed the company a fortnight ago, said essence of the action was to draw attention of the management, which OAS is currently doing to resolve the issues. The […]
Continue reading »AMCON TAKES OVER OAS HELICOPTERS
The Asset Management Corporation of Nigeria has taken over Odengene Air-Shuttle Services Helicopters in Lagos following a court order. AMCON had on Tuesday sealed the company at Maryland in Lagos, indicating that the company had been taken over by AMCON. The order on the company’s office reads: “POSSESSION TAKEN TODAY 14/2/17 BY AMCON COURT ORDER ON SUIT NO. FHC/4CS/1139/2016
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