Capt. Roy Ilegbodu, the Managing Director, Arik Air on Wednesday said the huge debts incurred by the airline’s former management was one of the major factors hindering its return to international operations.
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The Federal Airports Authority of Nigeria has issued a notice to private and state-owned airports in Nigeria to settle their debts or be shut on May 1.
The bank, in a statement signed by the management of the bank, said contrary to the picture being painted by Honeywell Group, it is unhindered by the continued attempts to coerce the public into believing that the company has fully paid its overdue debt.