Amcon appoints new management for arik airline

I think you meant to say "Arik Air" instead of "amcon appoints new management for arik airline".

To clarify, Arik Air is a Nigerian airline that was previously owned by the Asset Management Corporation of Nigeria (AMCON). In 2017, AMCON took over the management of Arik Air due to the airline's financial difficulties.

In 2020, AMCON appointed a new management team for Arik Air, led by Captain Roy Ilegbodu as the Chief Executive Officer (CEO). The new management team was tasked with turning around the airline's fortunes and restoring it to its former glory.

Under the new management, Arik Air has made significant progress in improving its operations, including the introduction of new aircraft, expansion of its route network, and enhancement of its customer service. The airline has also undergone a major restructuring exercise to reduce its debt and improve its financial performance.

It's worth noting that Arik Air is still under the ownership of AMCON, and the airline is working towards being privatized in the future. However, the new management team has been instrumental in stabilizing the airline and laying the foundation for its long-term success.