FG proposes conversion of Arik and Aero Contractors into national airlines The Asset Management Corporation of Nigeria (AMCON) has announced that Arik and Aero Contractors airlines may be merged and converted into a national carrier. AMCON Managing Director/Chief Executive Officer, Gbenga Alade, made this statement on Monday during an interactive session with media executives in Lagos. According to Alade, both Arik and Aero Contractors are heavily indebted and may be unable to repay their debts. He stated that the corporation had previously proposed the idea of converting Arik and Aero Contractors into a...