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Three investors in talks with AMCON to acquire Aero Contractors

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Three investors are in talks with the Asset Management Corporation of Nigeria to acquire Aero Contractor, The PUNCH correspondent has learnt.

It was gathered that the airline had attracted 19 investors since it was acquired in 2016 and the number had been narrowed down to six and later three.

An industry source said on Sunday that the investors had met with the AMCON on the possibility of acquiring the airline.

The Managing Director of Aero Contractors, Capt. Ado Sanusi, who confirmed the information, said the investors were looking at all the assets of the airline including its maintenance, repair and overhaul facility.

The PUNCH, January 21, 2019

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