ADVERTISEMENT
The Sun Nigeria
  • Home
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
No Result
View All Result
  • Home
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
No Result
View All Result
The Sun Nigeria
No Result
View All Result
ADVERTISEMENT
Ley Your Dreams Come Alive – With FCMB Loans
Home Cover

Arik air halts operation over insurance

13th September 2016
in Cover, National
0
Arik air halts operation over insurance
1
SHARES
180
VIEWS
Share on FacebookShare on Twitter

(By Louis Mbah – LAGOS)

Hundreds of passengers booked on Arik Air flights could not fly yesterday as the airline was forced to suspend it’s operations following the inability of the airline to renew insurance policies for most aircraft with its underwriters.

The insurance and reinsurance of an aircraft on commercial, charter or cargo operations is a statutory requirement for all operators under the Nigerian Civil Aviation Law.

Are you a Man 40 yrs and above? Do not miss the Vital Information, it goes off in 2 days! CLICH HERE to READ .

Daily Sun learnt that the airline has been immersed in severe financial crisis in recent months, a development that has marred not just the renewal of aircraft insurance policies, but las even led to the continuous postponements of some aircraft due for maintenances abroad.

The exit of Arik, albeit temporary, compounds the woes of thousands of air travelers in Nigeria who now have very limited options with Dana Air, Overland Airways, Azman and Air Peace being the only scheduled commercial airlines flying.

Aero Contractors Airline and First Nation Airways had grounded their operations about a fortnight ago.

Breaking!!! Earn up to N2 - N3 million monthly GUARANTEED (all paid in US Dollars). No training or refereal required. Do business with top USA companies like Amazon, Tesla, Facebook, IBM, Netflix, Zoom, etc. Learn more .

The three airlines (Arik, Aero, and First Nation) appear to have been overwhelmed, or even swallowed up, with the scarcity and paucity of foreign exchange, a crisis that has engulfed the entire local airline industry, making it difficult for operators  to insure, maintain, and buy aircraft spares abroad to stay in operation.

100% Natural Herbs to Finally End Premature Ejaculation, Weak Erection and Small Manhood. >>>Click Here for Details<<< .

Daily Sun visited the Lagos domestic airport on Monday where traffic was low, with some passengers expressing their disappointment on the sorry state of the local airline industry.

Premature Ejaculation & "Small Joystick" Resolved in 7Days... Click Here For Details .

One passenger, Innocent Siffon, told Daily Sun that Arik Air had over the years remained his preferred airline, but when he learnt from a staff in the airline late yesterday that the airline might no longer fly, he opted to fly Dana Air on the Lagos – Abuja route.

Spokesman for Arik Air Mr. Banji Ola told journalists that passengers had been “alerted on the temporary disruption to its operations, pending approval of aircraft documentation related to insurance renewal.”

“The airline is working around the clock to resolve the necessary documentation, which has been a challenge due to the long weekend holidays. At the present time, all flights of the airline have been cancelled for Tuesday, 13 September 2016, and this situation is likely to continue for the next few days until such time that NAICOM (National Insurance Commission) approves a waiver on a priority basis for the new insurance company to renew the policy,” Ola added.

Arik Air’s Group CEO Dr. Michael Arumemi-Ikhide, said in a statement that the airline was  “committed to returning to  normal operations and minimize any unfortunate inconvenience to our passengers.”

Philip Nwosu

Philip Nwosu

Related Posts

Road to 2023: Lawan fortifies campaign, consults Jigawa delegates, pledges educational reforms
Elections

Road to 2023: Lawan fortifies campaign, consults Jigawa delegates, pledges educational reforms

22nd May 2022
Why Nigerians find it difficult to secure passports - Acting CGI
Cover

Why Nigerians find it difficult to secure passports – Acting CGI

22nd May 2022
Soludo places N10 million bounty on killers of Anambra lawmaker
Cover

Soludo places N10 million bounty on killers of Anambra lawmaker

22nd May 2022
Next Post
Recession Woes: “Start farming”, Farmer rep advises Igbo youth

Recession Woes: "Start farming", Farmer rep advises Igbo youth

1000 MASSOB marchers searched, stopped from entering town

1000 MASSOB marchers searched, stopped from entering town

Group demands Patience Jonathan explain source of wealth

Group demands Patience Jonathan explain source of wealth

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT

Highlights

Police kill ten suspected armed robbers in Delta

Soludo places N10 million bounty on killers of Anambra lawmaker

Gunmen kill abducted Anambra House of Assembly member

2023 presidency: How APC, PDP candidates may emerge

2023: Ex-APC, PDP stalwarts see alternative in NNPP

Pornography: Outcry as sexual immorality increases among kids

Trending

Road to 2023: Yahaya Washiri wins NNPP primaries for Chikun/Kajuru federal constituency
Elections

Road to 2023: Yahaya Washiri wins NNPP primaries for Chikun/Kajuru federal constituency

22nd May 2022
0

From Noah Ebije, Kaduna A Kaduna based lawyer, Yahaya Washiri has won the primaries election under the...

Road to 2023: Lawan fortifies campaign, consults Jigawa delegates, pledges educational reforms

Road to 2023: Lawan fortifies campaign, consults Jigawa delegates, pledges educational reforms

22nd May 2022
Why Nigerians find it difficult to secure passports - Acting CGI

Why Nigerians find it difficult to secure passports – Acting CGI

22nd May 2022
Police kill ten suspected armed robbers in Delta

Police kill ten suspected armed robbers in Delta

22nd May 2022
Soludo places N10 million bounty on killers of Anambra lawmaker

Soludo places N10 million bounty on killers of Anambra lawmaker

22nd May 2022

Follow us on social media:

Latest News

  • Road to 2023: Yahaya Washiri wins NNPP primaries for Chikun/Kajuru federal constituency
  • Road to 2023: Lawan fortifies campaign, consults Jigawa delegates, pledges educational reforms
  • Why Nigerians find it difficult to secure passports – Acting CGI
  • Police kill ten suspected armed robbers in Delta
  • Soludo places N10 million bounty on killers of Anambra lawmaker
  • Gunmen kill abducted Anambra House of Assembly member
  • 2023 presidency: How APC, PDP candidates may emerge
  • 2023: Ex-APC, PDP stalwarts see alternative in NNPP
  • Pornography: Outcry as sexual immorality increases among kids
  • Kudos, knocks as JAMB concludes 2022 UTME
  • Man City, Liverpool take title chase down to the wire
  • Napoli rejects Arsenal’s N39BN bid for Osimhen
  • De Bruyne, Foden win PL player of the season awards
  • Flying Eagles keeper: Cech inspired me to WAFU glory
  • FIBA writes Nigeria to clarify withdrawal
  • Ogwudire slams FG over ban
  • Sports Minister to host Flying Eagles, Scrabble Team in Abuja
  • Ronaldo to miss Manchester United’s final-day clash
  • Is prostate enlargement associated with weak libido?
  • Red flags of gastric cancer

Categories

  • Abuja Metro
  • Anambra Watch
  • Arts
  • Broken Tongues
  • Business
  • Business Week
  • Cartoons
  • Citizen Joe
  • Columns
  • Cover
  • Culture
  • Duro Onabule
  • Editorial
  • Education Review
  • Effect
  • Elections
  • Entertainment
  • Events
  • Features
  • Femi Adesina
  • Food & Drinks
  • Frank Talk
  • Funke Egbemode
  • Gallery
  • Global Square by Kenneth Okonkwo
  • Health
  • Insights
  • Kalu Leadership Series
  • Kunle Solaja
  • Kunle Solaja
  • Letters
  • Lifeline
  • Lifestyle
  • Literary Review
  • Marketing Matters
  • Muiz Banire
  • National
  • News
  • Offside Musings
  • Opinion
  • oriental news
  • Politics
  • Press Release
  • PressClips
  • Public Sphere
  • Ralph Egbu
  • Shola Oshunkeye
  • Sideview
  • South-west Magazine
  • Sponsored Post
  • Sporting Sun
  • Sports
  • Sun Girl
  • Tea Time
  • The Flipside – Eric Osagie
  • The Sun Awards Live
  • The Sun TV
  • Thoughts & Talks
  • Time Out
  • Today's cover
  • Tola Adeniyi
  • Travel
  • Travel & Tourism
  • Trending
  • TSWeekend
  • Turf Game
  • Uncategorized
  • Updates
  • Views from Abroad
  • Voices
  • World
  • World News
  • Home
  • About Us
  • Paper Ad Rate
  • Online Ad Rate
  • The Team
  • Contact Us
  • Privacy Policy

© 2019 The Sun Nigeria - Managed by Netsera.

No Result
View All Result
  • Home
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun

© 2019 The Sun Nigeria - Managed by Netsera.

Posting....