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Just In: Nigeria’s Economy Forces Popular Nigeria Airline “Aero Contractor” To Shut Down Operations

Nigeria’s second largest commercial carrier, Aero Contractors has suspended its flight operations which will commence tomorrow, Thursday, September 1, 2016.

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.

The airline noted that 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.

The statement reads: “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.

“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”.

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David Olorunsiwa is a student of kogi state university studying business administration and a very passionate blogger. you can contact through this 08132909269

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