Monday, September 10, 2012

Air Nigeria stops operations today, new buyer may take over

As Air Nigeria formally stops flight operations today, there are indications that the airline is being proposed for sale to fresh investors for close to $200m.

But financial analysts believe that the proposed sell off may be above the margin, given that airlines often have few or limited assets.

Meanwhile, a new entrant, Med-View Airlines is set to begin operations in the country.

Read more:  http://www.ngrguardiannews.com

No comments:

Post a Comment