After months of skeletal operations which saw the airline’s schedules shrinking to a very low ebb, Nigeria’s 2nd biggest indigenous airline, Aero Contractors, Wednesday announced the suspension of its scheduled services with effect from today, September 1.

The Chief Executive Officer of the airline, Capt. Fola Akinkuotu, according to Daily Trust report, said the development was part of the strategic business realignment to reposition the airline and return it to profitability.

The suspension of the airline’s services was the culmination of its seemingly unending operational woes which necessitated its take-over by the Assets Management Corporation of Nigeria (AMCON).

Despite AMCON’s intervention in February and the appointment of a Receiver-Manager, Mr. Tunde Gbenro and then Capt. Akinkuotu, the airline owned by the Alex Ibru family could not rise on its feet as its operations continued to shrink.

Aero recently suspended its operation to Accra, Ghana, a decision it attributed to unavailability of aircraft.

Credit: Daily Trust. http://www.dailytrust.com.ng/news/general/nigeria-s-2nd-biggest-airline-aero-suspends-services-indefinitely/160897.html#j7rHpcFUm6txJAWT.99