Lagos – Less than a week after Ethiopian Airlines claimed it had submitted a formal offer to take charge of the troubled Arik Air, the new manager of the airline, Asset Management Corporation of Nigeria (AMCON), has debunked the East African airline’s claim. AMCON insisted that it was yet to receive a bid from it or any other airline for the carrier. A statement by Jude Nwauzor, Head, Corporate Communications, AMCON, on Monday said that AMCON was not aware of any current discussion or negotiation with the management of Ethiopian Airlines regarding Arik Air Limited. WoldeMariam did not, however, specify details of the offer, but added that he expected to face competition for Arik from international airlines. An AMCON source told INDEPENDENT that the agreement between the Federal Government and management of Ethiopian Airlines fell through earlier in the year because when AMCON took over Arik, it realised that the problems confronting the Nigerian airline were a lot more than what it expected.

Source: Ethiopian News September 04, 2017 23:03 UTC