No plans by AMCON to liquidate Aero Contractors — Sanusi

THE Federal Government debt recovery agency, THE Active Management Company of Nigeria (AMCON) plan For Aero Entrepreneurs East has keep THE domestic Airline company as A going concern And not has liquidate that.

This was THE position of THE Chief Executive Officer (CEO) of THE Airline company, Captain Teen Sanusi while Speaking with a few journalists has THE Lagos airport.

Sanusi WHO said that despite THE challenges of THE pass little years, THE current management has Aero Entrepreneurs has stabilized THE Airline company And turned It is fortunes around, added that AMCON Never foreseen has invest In THE Airline company has later sell he, instead keep he as A going concern, called on AMCON has TO DO It is plan known has THE public.

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AMCON currently has A 60 by hundred bet In Aero Entrepreneurs which arrived has be

A of THE two Airlines companies below It is sequestration, while other Airline company East Arik Air, which he took on In 2017.

Stressful THE need For funds by THE management has keep THE Airline company In THE air, Sanusi explain that as A Airline company below sequestration, that he could not to access funds, while he could Also not TO DO major the decisions on investment.

"But Since What I can see Since THE body language of AMCON, he East that they to want has keep THE business as A going concern. I don't do it think they to want has invest In THE business has TO DO he GOOD SO that they can sell he. And I don't do it think they to want has liquidate THE company.

"SO, they to want has keep he THE path he East And sustain he has to grow. That East My understanding. And I can be fake, but that East My understanding of What AMCON East trying has TO DO with THE business. Yes, of course, they to have A bet as of THE books, they to have 60 by hundred bet In THE airline.

"But For A Airline company has survive he must to have A vision, he must to have A plan, he must know What It is TO DO. SO, that East Why he will encourage OUR growth And he will improve OUR strategy has position THE Airline company In A very GOOD path because if certain fundamentals are not taken care of, We can't keep he as A going concern. »

Lamenting that THE management could not TO DO strategic long term planning And the decisions on how has reposition THE Airline company without adequate funds, Sanusi appeals

has AMCON has take A decision In GOOD And short time SO that THE management could develop a strategy if THE Airline company was going has be A regional, domestic Airline company Or A international airline.

Keywords: Aero EntrepreneursAMCON