The Asset Management Corporation (AMCON), on Monday said no negotiation with Ethiopian Airlines to manage the Nigerian carrier, Arik Airline.
This is contained in a statement signed by Jude Nwauzor, Head of Corporate Communications.
Ethiopian Airlines recently announced that it had submitted its bid to the Nigerian government.
But AMCON insists it is not aware of any proposal from the company.
“It is on record that the Receivership Team has within the period stabilised the operations of the airline, marked by stability of schedules; improved On-Time-Performance (OTP) and revamped customer service among others.
“Today, the Airline has regained its dominance as the most reliable carrier in the country with growing passenger patronage and confidence.
“The general public and all stakeholders will be kept duly informed on issues relating to the airline’s divestment ,” Nwauzor said.
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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