Despite various challenges, Arik Air has in the ten years of its operations flown over 19.5 million passengers.
Managing Director, Chris Ndulue, explained on Monday that the Airline has grappled with a myriad of challenges in one decade of existence, making reference to access to foreign exchange as the greatest hurdle militating against the growth of air transport business in Nigeria.
According to Ndulue, the company intends to grow its fleet from the current 28 aircraft to over 52 by 2025.
Ndulue said: “Our goal in the last years has been to pursue safety and security. This has seen us take several steps to up the game. We are hoping to expand our operations into West and Central Africa as well as Asia and Middle East.
“We have taken a new approach to be cautious in our expansion drive because of the realities of the current recession .This has made funding a big issue. That is the reason we are slowing down”.