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Aviation workers accuse AMCON of running down Aero Airline

The Citizen by The Citizen
December 15 2015
in Business, Uncategorized
A A
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Workers of Aero Airlines yesterday staged a peaceful protest around the airport alleging that the Asset Management Company of Nigeria (AMCON) is mismanaging funds injected into the carrier.

The workers spoke through the branch Chairman of the Air Transport Services Senior Staff Association of Nigeria (ATSSSAN), Comrade Emoapo Ayo-Ife.

The management of the airline is yet to comment on the matter.

The chief executive officer of the public relation agency managing the airline, Mr Simon Tumba, said he has not been briefed by its client on the matter.

Ayo-Ife alleged that since 2011, when AMCON invested huge sums of money into Aero, the airline has not been making any headway.

He said when AMCON brought in the current Board of Directors in 2011, the company had about 11 aircraft but lamented that it currently has only five aircraft.

He called for the dissolution of the board alleging that the huge sums invested in the airline to acquire equipment could not be accounted for.

He said: “AMCON invested about N10billion in this company (Aero Contractors Airline) since they came here; when they came in, we had 11 aeroplane and now we are down to five aircraft.

“They paid a $9million to a company in Brazil which we are yet to retrieve and nobody is talking about all that. “All we are asking for is a prudent management and workers welfare. We want AMCON to dissolve the board.

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