We’re not discussing Arik Air takeover with Ethiopian Airlines, AMCON insists

Despite the claim by the management of Ethiopian Airlines that it is in talks with the Nigerian govt on taking over the troubled Arik Air, the receiver of the airline, Asset Management Corporation of Nigeria (AMCON), has denied the report. AMCON said Monday that it was not aware of any discussion with the East African carrier, insisting that if there were any such discussion, AMCON would be the first to know. Ethiopian Airlines last week told CNN that it had submitted a formal offer to take charge of Arik Air, which accounts for more than half of Nigeria’s air passenger traffic. “We have outlined our terms and conditions to the Nigerian govt and we are waiting to see if they agree,” Esayas Woldemariam, the airline’s managing director of international services, told CNN. <br/>