• Latest
  • Trending
  • All
  • Politics
  • Economy
  • Security
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Opinion
  • Columns
  • Exposé
  • World
  • Lifestyle
Nigeria: Local Airline, Aero Contractors Halt Flight Operations Over Worsening Economic Crises

Nigeria: Local Airline, Aero Contractors Halt Flight Operations Over Worsening Economic Crises

4 years ago
UK Court Clears Former Nigerian Petroleum Minister Of Bribery Charges

UK Court Clears Former Nigerian Petroleum Minister Of Bribery Charges

56 minutes ago
Auto Draft

US Grants Green Card To Ghana’s Wanted Ex-Finance Minister Ofori-Atta

7 hours ago
Egypt: South Sudan Moves To Tackle Arrests, Deportations Of Citizens

Egypt: South Sudan Moves To Tackle Arrests, Deportations Of Citizens

19 hours ago
Kenya: Ruto Orders Shooting Of Protesters Attacking Businesses

Kenya Unveils $15m Compensation Plan For Victims Of Protest Violence

19 hours ago
Somaliland Unveils Embassy In Jerusalem After Recognition By Israel

Somaliland Unveils Embassy In Jerusalem After Recognition By Israel

21 hours ago
Wednesday, June 17, 2026
  • Make a Donation
  • Photo Speaks
  • Videos
  • You-Report
  • Whistleblower
  • Advertise
  • HT Events
  • HT Management
  • About HT
  • Contact
Heritage Times
No Result
View All Result
Translate |
  • Login
  • Politics
    Auto Draft

    US Grants Green Card To Ghana’s Wanted Ex-Finance Minister Ofori-Atta

    G7 Leaders Urge Trump To Host Zelenskyy-Putin Peace Talks

    G7 Leaders Urge Trump To Host Zelenskyy-Putin Peace Talks

    7 Key Points From President Tinubu’s Address To Nigerians

    Nigeria: Five Talking Points From Tinubu’s 2026 Democracy Day Speech

    Xenophobia: Nigeria Threatens Retaliation Against South Africa Over Rising Attacks

    Xenophobia: Nigeria Threatens Retaliation Against South Africa Over Rising Attacks

    Uganda: Rt Hon. Kadaga Sworn-In As 1st Deputy Prime Minister

    Uganda: Rt Hon. Kadaga Sworn-In As 1st Deputy Prime Minister

    Putin Says Zelensky’s Request For Face-To-Face Meeting “Rude”

    Putin Says Zelensky’s Request For Face-To-Face Meeting “Rude”

    Senegal: Faye Excludes PASTEF Party In 30-Member Cabinet Appointees

    Senegal: Sonko-Faye Rift Deepens As President Moves To Assert Authority

    Senegal: Faye Excludes PASTEF Party In 30-Member Cabinet Appointees

    Senegal: Faye Excludes PASTEF Party In 30-Member Cabinet Appointees

    Abiy’s Prosperity Party Tipped To Win, As Ethiopia Votes On Monday

    Abiy’s Prosperity Party Tipped To Win, As Ethiopia Votes On Monday

  • Economy
    Zimbabwe To Formalise Cryptocurrency, Operators To Pay Dues

    Zimbabwe To Formalise Cryptocurrency, Operators To Pay Dues

    Elon Musk: World’s Richest Man Moves To Buy Liverpool

    Elon Musk Makes History As World’s First Trillionaire

    Uganda: State-Owned Airline To Purchase 10 Boeing Aircrafts To Boost Trade, Tourism

    Uganda: State-Owned Airline To Purchase 10 Boeing Aircrafts To Boost Trade, Tourism

    Trump Says Inflation Figures “Great” As US Prices Rise At Fastest Rate In 3 Yrs

    Trump Says Inflation Figures “Great” As US Prices Rise At Fastest Rate In 3 Yrs

    Africa Records Surge In Number Of Millionaires In 2025 – Report

    Africa Records Surge In Number Of Millionaires In 2025 – Report

    Mozambique: President Chapo Signs Law Awarding 15% Mining Stake To State

    Mozambique: President Chapo Signs Law Awarding 15% Mining Stake To State

    “Africa Not A Risk But Opportunity”, President Mahama Tells UK Investors

    “Africa Not A Risk But Opportunity”, President Mahama Tells UK Investors

    AfDB To Inject $125m Into Nairobi-Based Insurance Platform To Emerge Top Shareholder

    AfDB To Inject $125m Into Nairobi-Based Insurance Platform To Emerge Top Shareholder

    At Washington Meeting, WB, IMF, WTO Decry Impact Of US-Iran War On Vulnerable Economies

    At Washington Meeting, WB, IMF, WTO Decry Impact Of US-Iran War On Vulnerable Economies

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    Auto Draft

    US Grants Green Card To Ghana’s Wanted Ex-Finance Minister Ofori-Atta

    G7 Leaders Urge Trump To Host Zelenskyy-Putin Peace Talks

    G7 Leaders Urge Trump To Host Zelenskyy-Putin Peace Talks

    7 Key Points From President Tinubu’s Address To Nigerians

    Nigeria: Five Talking Points From Tinubu’s 2026 Democracy Day Speech

    Xenophobia: Nigeria Threatens Retaliation Against South Africa Over Rising Attacks

    Xenophobia: Nigeria Threatens Retaliation Against South Africa Over Rising Attacks

    Uganda: Rt Hon. Kadaga Sworn-In As 1st Deputy Prime Minister

    Uganda: Rt Hon. Kadaga Sworn-In As 1st Deputy Prime Minister

    Putin Says Zelensky’s Request For Face-To-Face Meeting “Rude”

    Putin Says Zelensky’s Request For Face-To-Face Meeting “Rude”

    Senegal: Faye Excludes PASTEF Party In 30-Member Cabinet Appointees

    Senegal: Sonko-Faye Rift Deepens As President Moves To Assert Authority

    Senegal: Faye Excludes PASTEF Party In 30-Member Cabinet Appointees

    Senegal: Faye Excludes PASTEF Party In 30-Member Cabinet Appointees

    Abiy’s Prosperity Party Tipped To Win, As Ethiopia Votes On Monday

    Abiy’s Prosperity Party Tipped To Win, As Ethiopia Votes On Monday

  • Economy
    Zimbabwe To Formalise Cryptocurrency, Operators To Pay Dues

    Zimbabwe To Formalise Cryptocurrency, Operators To Pay Dues

    Elon Musk: World’s Richest Man Moves To Buy Liverpool

    Elon Musk Makes History As World’s First Trillionaire

    Uganda: State-Owned Airline To Purchase 10 Boeing Aircrafts To Boost Trade, Tourism

    Uganda: State-Owned Airline To Purchase 10 Boeing Aircrafts To Boost Trade, Tourism

    Trump Says Inflation Figures “Great” As US Prices Rise At Fastest Rate In 3 Yrs

    Trump Says Inflation Figures “Great” As US Prices Rise At Fastest Rate In 3 Yrs

    Africa Records Surge In Number Of Millionaires In 2025 – Report

    Africa Records Surge In Number Of Millionaires In 2025 – Report

    Mozambique: President Chapo Signs Law Awarding 15% Mining Stake To State

    Mozambique: President Chapo Signs Law Awarding 15% Mining Stake To State

    “Africa Not A Risk But Opportunity”, President Mahama Tells UK Investors

    “Africa Not A Risk But Opportunity”, President Mahama Tells UK Investors

    AfDB To Inject $125m Into Nairobi-Based Insurance Platform To Emerge Top Shareholder

    AfDB To Inject $125m Into Nairobi-Based Insurance Platform To Emerge Top Shareholder

    At Washington Meeting, WB, IMF, WTO Decry Impact Of US-Iran War On Vulnerable Economies

    At Washington Meeting, WB, IMF, WTO Decry Impact Of US-Iran War On Vulnerable Economies

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
No Result
View All Result
First with the News
Home Economy

Nigeria: Local Airline, Aero Contractors Halt Flight Operations Over Worsening Economic Crises

July 18, 2022
in Economy, Top Stories
0 0
0
58
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

By Enyichukwu Enemanna

Nigeria’s oldest airline, Aero Contractors, has temporarily suspended operations over worsening economic crisis.

Relatedreading

UK Court Clears Former Nigerian Petroleum Minister Of Bribery Charges

US Grants Green Card To Ghana’s Wanted Ex-Finance Minister Ofori-Atta

It cited high cost of maintenance, skyrocketing fuel prices, inflation, and forex scarcity resulting in high foreign exchange rates as reasons for temporary cessation of operations.

In a statement on Monday announcing the development, the airline said the suspension of operation would take effect on July 20.

The statement said the temporary cessation of operations “does not in any way affect the Maintenance activities of the Approved Maintenance Organisation (AMO) otherwise known as AeroMRO, the Approved Training Organisation (ATO) also known as Aero Training School, the Helicopter and Charter Services operations.”

The airline operator insists that this decision was carefully considered and taken considering that most of its aircrafts are currently undergoing Maintenance, resulting in its inability to offer a seamless and efficient service to customers.

It further hinted that efforts are ongoing to bring the aircrafts back to service in the next few weeks, “so we can continue to offer our passengers the safe, efficient, and reliable services that Aero Contractors is known for, which is the hallmark of Aero Contractors Company of Nig. Ltd.”

The statement partly reads, “The past few months have been very challenging for the Aviation industry and the airline operators in particular. With the high cost of maintenance, skyrocketing fuel prices, inflation, and forex scarcity resulting in high foreign exchange rates. These are amongst the major components of airline operations.

“In the meantime, we are working assiduously to return to service as quickly as possible, and do assure our esteemed customers and stakeholders of our determination, that our short absence will not create any major void in the market, as we are coordinating with our business partners to ensure minimum discomfort to ticket holders.

“As members of Spring Alliance (a commercial alliance with member airlines providing mutual support in the area of operations), we are liaising with our partner airlines to minimise the impact on our esteemed customers.

“Our customer service team will be working to help affected esteemed customers reach their destinations.

“We sincerely apologise for any inconvenience caused to our esteemed customers and promise to return to service as soon as possible. We thank you in advance for your cooperation and understanding at this time.”

Tags: Aero ContractorsbreakingFAANHeritageheritage timesheritagetimesmedialatestMinistry of Aviationnewsthe heritage timesthtthtafricatop stories
ShareTweetSend
Previous Post

Russia Fines Google $360m Over Ukraine Content

Next Post

Nigeria: Former Oyo Attorney-General, Adebayo Lawal, Sworn-In As New Deputy Governor

Related Posts

UK Court Clears Former Nigerian Petroleum Minister Of Bribery Charges

UK Court Clears Former Nigerian Petroleum Minister Of Bribery Charges

June 17, 2026
Auto Draft

US Grants Green Card To Ghana’s Wanted Ex-Finance Minister Ofori-Atta

June 17, 2026

Egypt: South Sudan Moves To Tackle Arrests, Deportations Of Citizens

Kenya Unveils $15m Compensation Plan For Victims Of Protest Violence

Somaliland Unveils Embassy In Jerusalem After Recognition By Israel

Gunmen Attack Nigeria’s Institute Of Policy, Kill Two Soldiers

Next Post
Nigeria: Former Oyo Attorney-General, Adebayo Lawal, Sworn-In As New Deputy Governor

Nigeria: Former Oyo Attorney-General, Adebayo Lawal, Sworn-In As New Deputy Governor

Please login to join discussion
AfriHeritage Magazine Issue 3 - Cover 1 AfriHeritage Magazine Issue 3 - Cover 1 AfriHeritage Magazine Issue 3 - Cover 1
AfriHeritage Magazine 2026 AfriHeritage Magazine 2026 AfriHeritage Magazine 2026

Updates

  • Trending
  • Comments
  • Latest
Paris Olympics: D’Tigress Out, Nigeria Still Searching For Medal 12 Days After

Paris Olympics: D’Tigress Out, Nigeria Still Searching For Medal 12 Days After

August 8, 2024
Iheanacho Helps Leicester City Win First Community Shield Title In 50 years

Iheanacho Helps Leicester City Win First Community Shield Title In 50 years

August 7, 2021
NFF Reacts As Man Attacks Super Falcons Inside Train In Austria

NFF Reacts As Man Attacks Super Falcons Inside Train In Austria

July 21, 2021
Saudi Considers Launching English TV Channel As Al Jazeera’s Rival

Saudi Considers Launching English TV Channel As Al Jazeera’s Rival

May 10, 2023
Egypt: South Sudan Moves To Tackle Arrests, Deportations Of Citizens

Egypt: South Sudan Moves To Tackle Arrests, Deportations Of Citizens

0
Kenya: Ruto Orders Shooting Of Protesters Attacking Businesses

Kenya Unveils $15m Compensation Plan For Victims Of Protest Violence

0
Somaliland Unveils Embassy In Jerusalem After Recognition By Israel

Somaliland Unveils Embassy In Jerusalem After Recognition By Israel

0
Borno

Gunmen Attack Nigeria’s Institute Of Policy, Kill Two Soldiers

0
UK Court Clears Former Nigerian Petroleum Minister Of Bribery Charges

UK Court Clears Former Nigerian Petroleum Minister Of Bribery Charges

June 17, 2026
Auto Draft

US Grants Green Card To Ghana’s Wanted Ex-Finance Minister Ofori-Atta

June 17, 2026
Egypt: South Sudan Moves To Tackle Arrests, Deportations Of Citizens

Egypt: South Sudan Moves To Tackle Arrests, Deportations Of Citizens

June 16, 2026
Kenya: Ruto Orders Shooting Of Protesters Attacking Businesses

Kenya Unveils $15m Compensation Plan For Victims Of Protest Violence

June 16, 2026

Most Recent

UK Court Clears Former Nigerian Petroleum Minister Of Bribery Charges

June 17, 2026

US Grants Green Card To Ghana’s Wanted Ex-Finance Minister Ofori-Atta

June 17, 2026

Egypt: South Sudan Moves To Tackle Arrests, Deportations Of Citizens

June 16, 2026

Kenya Unveils $15m Compensation Plan For Victims Of Protest Violence

June 16, 2026

Somaliland Unveils Embassy In Jerusalem After Recognition By Israel

June 16, 2026

Gunmen Attack Nigeria’s Institute Of Policy, Kill Two Soldiers

June 16, 2026

G7 Leaders Urge Trump To Host Zelenskyy-Putin Peace Talks

June 16, 2026

Uganda: Army Chief Boasts Of Inflicting Pain On Detained Opposition Lawyer

June 16, 2026

About

Heritage Times HT stands as a beacon of pan-African journalism, dedicated to amplyfing the rich tapestry of voices and narratives across the continent. With unwavering commitment, we illuminate the evocative essence of Africa, offering a fresh perspective that captivates our global audience.

Featured

One Year of Transformative Stewardship: Walson-Jack’s Innovative Impact on Nigeria’s Civil Service

Africa’s Largest Tech Event, MWC25 Kigali, Returns With Focus On Innovation, Policy

Nadine Djuiko: Meet The Cameroonian Woman Behind Maryland’s Million-Dollar Braiding Empire

Connect

Connect with us on social media and receive timely updates on the go.

Get Updates

  • About
  • HT Management
  • Privacy Policy

© 2025 Heritage Times (HT) Media.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Welcome
  • Politics
  • Economy
  • Security
  • Exposé
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Columns
    • Opinion
  • World
  • __________________
  • Make a Donation
  • Photo Speaks
  • Videos
  • You-Report
  • Whistleblower
  • Advertise
  • HT Events
  • HT Management
  • About HT
  • Contact us

© 2025 Heritage Times (HT) Media.