Arik shareholders demand answers over aircraft dismantling

The shareholders of Arik Air Ltd. have demanded answers from the airline's Receiver Manager, Oluseye Opasanya, regarding the ongoing dismantling of a Boeing 737-700 at the domestic wing of Murtala Muhammed Airport in Lagos. This is the second reported case of an Arik aircraft being dismantled at the airport, following a similar incident involving a CRJ1000 aircraft in November 2024.

The shareholders, represented by Johnson Arumemi-Ikhide, have questioned the identity, ownership, and security status of the aircraft, as well as its potential link to Arik Air's alleged debts to Access Bank. They also requested the underlying documents related to the alleged debt and demanded clarification on the legal authority for dismantling the aircraft.

The shareholders emphasized that their concerns are not a consent to any transaction involving the airline's assets and are without prejudice to their pending legal proceedings.

Brief written by urgent.news from Punch's own syndicated text. Machine-written — may contain errors; check the original before relying on it.