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Arik Air

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Arik Air

Arik Air CEO, Michael Arumemi-Ikhide
Arik Air CEO, Michael Arumemi-Ikhide
IATA Code
W3
ICAO Code
ARA
Website
http://www.arikair.com
Main hub
Lagos Murtala Muhammed Airport
Country
Nigeria
Business model
Full Service Carrier

Arik Air is a Nigerian airline with its main base at Murtala Muhammed International Airport in Lagos, and a secondary hub at Nnamdi Azikiwe International Airport in Abuja. In 2006 Arik Air took over the assets of the bankrupt national airline Nigeria Airways, and today the airline offers domestic, regional and intercontinental services to destinations in North America and Europe. Arik Air is the largest operator in Nigeria.

Location of Arik Air main hub (Lagos Murtala Muhammed Airport)


 
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219 total articles

6,131 total articles

Nigeria and Ghana driving West African aviation development

21-Oct-11 4:13 PM

West Africa’s aviation industry is being led forward by Nigeria and Ghana. In Nigeria, the largest carrier, Arik Air, recently revealed itself as Boeing’s un-named B747-8 customer, while national carrier Air Nigeria is in the process of re-establishing its long-haul network. While the airlines are not without their problems, the market is growing and new entrants are appearing. In Ghana, the country is opening up to international carriers who are eager to increase their frequencies to the gold-producing country. Ghana itself is the site of one of Africa’s newest carrier, Starbow Airlines, and an impending base for pan-African LCC, Fly540.

Airbus predicted cities in these two countries, Accra and Lagos, will become “airline megacities” in the next 20 years, meaning they will handle 10,000 or more long-haul passengers a day. Accra and Lagos are two of just six** African cities tipped to become an “airline megacity”.

Arik Air orders two 747-8s to continue expansion as Nigeria's largest carrier

7-Oct-11 8:44 PM

Arik Air on 06-Oct-2011 was identified as the carrier who anonymously purchased two Boeing 747-8 aircraft on 15-Jun-2011. The purchase injects life into the aircraft programme, which only has two other disclosed airline customers although Boeing has continuously said it expects the freighter variant to be far more successful than the passenger version. More important is the aircraft's affect on Nigerian aviation and cementing the position of Arik Air as the regional leader.

Arik Air says it intends to operate the B747-8s on its "key long-haul routes". Arik Air only currently operates to London Heathrow, New York JFK and Johannesburg. The carrier announced this week its intention to launch thrice weekly service to Abu Dhabi on 29-Nov-2011 with A340-500s. With London Heathrow being Nigeria's largest long-haul market, slot-constrained and facing more competition, the airport has very good chances of receiving Arik Air's B747-8 service.

Air Nigeria re-establishes long-haul routes

21-Jul-11 10:07 AM

Air Nigeria is resuming long-haul operations after a nearly three-year hiatus, with A340-300 flights to London Gatwick commencing in Sep-2011. The carrier is also aiming to use its newly acquired A340-300 fleet to resume flights to Johannesburg and launch Washington Dulles with the latter designed to supplement its new codeshare service via Delta Air Lines to Atlanta and New York.

Airlines: surviving in a changing world. CAPA's Hottest Airlines to Watch in 2011

24-Dec-10 1:19 PM

As the international airline industry evolves from a heavily protected, government-run activity into a commercial hybrid, individual airlines are confronted by massive challenges, each of them unique to the company concerned. At the same time, the industry overall remains constantly at risk from any number of external threats.

CAPA’s Hottest Airlines to watch in 2011: Africa

25-Oct-10 3:38 PM

African airlines are projected to return to profitability in 2010 for the first time since 2002, reflecting stronger economic activity and bolstered by what IATA describes as "a decade of cost-cutting, restructuring, and re-engineering." Many of Africa's 53 countries are experiencing rapid economic growth, spurred by global demand for commodities, led by China's insatiable need for raw materials. Reflecting these developments, projections for African airline profits stand at a combined USD100 million profit in 2010 with a breakeven result anticipated for 2011. It follows an estimated USD100 million loss in 2009. In this installment in CAPA's series on the world's Hottest Airlines to Watch in 2011, we focus on the movers and shakers in Africa.

Outlook for global airline alliances in Africa

10-Jun-10 11:38 AM

As global alliances gather momentum, radiating from their core partners in Europe and North America, each region is experiencing the influence that the groupings can bring. Africa is no exception, but the lack of fully viable locally based carriers offers something of a challenge in finding partners to expand beyond the small number already accounted for.

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