The National Union of Air Transport Employees (NUATE) has accused the Asset Management Corporation of Nigeria (AMCON) of lacking the “technical DNA” to manage Aero Contractors, asking the Federal Government to intervene.
In a statement yesterday, NUATE President Ben Nnabue accused AMCON of refusing to provide the capital injections needed to sustain operations, especially given the current highcost environment in Nigerian aviation.
The union reiterated that AMCON lacks the “technical DNA” required to manage a timesensitive industry such as aviation, alleging that deploying non-industry personnel to day-to-day management has led to significant operational setbacks.
A major point of contention is the allegation that AMCON has directed Aero Contractors to remit internally generated savings to the corporation rather than allowing the airline to reinvest those funds into fleet expansion or maintenance.
NUATE expressed fear that Aero is following the same trajectory as Arik Air—which they claim has deteriorated under AMCON—citing the recent redeployment of personnel from Arik to Aero as a negative indicator.
