NYSE:DIT

Amcon Distributing Company Stock News

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$78.25
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At Close: Jun 03, 2026
The National Union of Air Transport Employees (NUATE) has threatened to disrupt Aero Contractors’ operations by Monday if the airline refuses to recall the workers sacked recently. Aero is yet to g�

BREAKING: Aero Contractors sacks 900 workers

07:29pm, Thursday, 16'th Mar 2017
Aero Contractors Airline, which is under the management of the Asset Management Corporation of Nigeria (AMCON), has sacked about 900 workers representing 60 per cent. Letters of redundancy were iss…
Barely two weeks after the Asset Management Corporation of Nigeria (AMCON) took over the management of Arik Air, the airline has begun paying workers’ salaries and has paid its insurance premium, w�

Arik Air suspends flights to London, Jo’burg

02:11pm, Wednesday, 15'th Feb 2017
Arik Air has suspended its international flight operations to the London and Johannesburg routes. The spokesman of the Asset Management Company of Nigeria (AMCON), Mr Jude Nwauzor, made the announc…
The Airline Operators of Nigeria, AON, on Sunday attributed the poor ‎performance of domestic airlines to multiple taxation by various agencies in the aviation sector. Nogie Meggisson, Chairman, AO�

Aero soon to resume flights, gets new CEO

07:50pm, Sunday, 12'th Feb 2017
Aero Contractors, Nigeria’s oldest private airline will soon be back in operation. Its new owners, the Assets Management Company of Nigeria (AMCON) has appointed the Deputy Managing Director, Arik �

Arik Airlines to challenge AMCON’s takeover

07:32pm, Thursday, 09'th Feb 2017
Lagos – The management of Arik Air on Thursday said it would challenge the taking over of the airline by the Assets Management Company of Nigeria (AMCON) in court. Capt. Ado Sanusi, Senior Vice Pre�

Why Nigeria’s Amcon took over Arik airlines

01:24pm, Thursday, 09'th Feb 2017
The Federal Government on Thursday took over Arik Airlines and announced the appointment of a new management in a bid to save the country’s aviation industry from total collapse. Under the new arra�
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