Ethiopian Airlines has submitted
a formal offer to acquire Arik Air.
Official statistics show that
Arik Air lifts half of Nigerian air passenger traffic on the domestic route.
“We have outlined our terms and
conditions to the Nigerian government and we are waiting to see if they agree,”
Esayas WoldeMariam, Ethiopian’s managing director of international services
told CNN.
“We are capable and desirous of
handling the airline,” he added.
WoldeMariam did not specify
details of the offer, but added that he expects to face competition for Arik
from international airlines.
Asset Management Corporation of
Nigerian (AMCON), took over running of Arik Air in February over debts.
In April, the Receiver Manager of
Arik Air, Mr Oluseye Opasanya (SAN), said the embattled airline was indebted
to its creditors to the tune of N375 billion.
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