Nigeria’s bad bank not talking to Ethiopian Airlines over Arik

Nigeria’s bad bank not talking to Ethiopian Airlines over Arik

A receiver appointed to rescue Arik Air, Nigeria’s largest airline, is holding talks with creditors and is not negotiating a sale to Ethiopian Airlines, the country’s “bad bank” said. Arik Air shareholders have filed a court case against Nigeria’s government and Ethiopian Airlines in an attempt to halt any talk over the sale of the…

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