AMCON reappoints Sanusi as MD of Aero Contractors -

The Asset Management Corporation of Nigeria (AMCON) has reappointed Ado Sanusi as the Managing Director of Aero Contractors.

Sanusi was reassigned by AMCON in 2020 to manage the Nigerian Eagle (NGE) carrier as part of the exit strategy of AMCON from Arik Air, while Abdullahi Mahmood was seconded from Arik Air to manage Aero Contractors in 2021.

A statement by the airline revealed that due to the lingering issue connected with securing the Airline Operator Certificate (AOC) of NG Eagle and the failure of the airline to take off, AMCON has decided to reassign Sanusi back to Aero.

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Aero contractors has been in receivership under AMCON since 2016, and is undergoing restructuring with expectation of returning to schedule services in the very near future.

“I am pleased to return to Aero Contractors to continue the job of repositioning the airline. I thank Capt. Mahmood for the wonderful job he has done in holding the fort,” Sanusi said.

“A lot needs to be done to make the airline stronger to be able to face future challenges. I look forward to the support of the staff and management of the airline including other stakeholders to make the airline great once again.”

Ifeoma Okeke-Korieocha

Ifeoma Okeke-Korieocha is the Aviation Correspondent at BusinessDay Media Limited, publishers of BusinessDay Newspapers. She is also the Deputy Editor, BusinessDay Weekender Magazine, the Saturday Weekend edition of BusinessDay. She holds a BSC in Mass Communication from the prestigious University of Nigeria, Nsukka and a Masters degree in Marketing at the University of Lagos. As the lead writer on the aviation desk, Ifeoma is responsible and in charge of the three weekly aviation and travel pages in BusinessDay and BDSunday. She also overseas and edits all pages of BusinessDay Saturday Weekender. She has written various investigative, features and news stories in aviation and business related issues and has been severally nominated for award in the category of Aviation Writer of the Year by the Nigeria Media Nite-Out awards; one of the Nigeria’s most prestigious media awards ceremonies. Ifeoma is a one-time winner of the prestigious Nigeria Media Merit Award under the 'Aviation Writer of the Year' Category. She is the 2025 Eloy Award winner under the Print Media Journalist category. She has undergone several journalism trainings by various prestigious organisations. Ifeoma is also a fellow of the Female Reporters Leadership Fellowship of the Wole Soyinka Centre for Investigative Journalism.