contributed to the shutting down of Air Nigeria's
operations as announced by its management on
Tuesday.
The airline, formerly known as Virgin Nigeria, was
acquired from British millionaire Richard Branson and
other Nigerian investors, on June 2,2010 by a local
businessman Jimoh Ibrahim, for N37 billion (about $250
million). The N34 billion debt is a legacy debt inherited by
Ibrahim, when he bought Virgin Nigeria.
On Tuesday, a statement from Ibrahim aides said Air
Nigeria was suspending all its local, regional and
international operations with effect from Monday,
September 10, 2012. The airline said the suspension
was largely due to staff disloyalty and environmental
tension, "which are not conducive for business in the
aviation sector."
The statement which said only 50 out of Air Nigeria's
workforce were retained to fashion out modalities for its
resumption of operations, added that flight operations
would resume within 12 months.
After been a virgin for so long, the company is bought and changed to
Air Nigeria and two years later wahala starts. Even to the point of
begging passengers for fuel money.. Got me thinking.. What's your take
on this??
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