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  1. Aero was wholly owned by the Ibru family. Asset Management Corporation of Nigeria (AMCON) now owns 60% of the shares, with the remaining 40% owned by Ibru family interests. Structure and partnerships. Aero has two divisions: Aero Nigeria – provides scheduled passenger services in Nigeria and western Africa.

  2. Aero Contractors Company of Nigeria Limited (ACN) has three divisions: Aero Nigeria – Providing scheduled fixed wing passenger services to various Nigerian domestic airports and charter operations within Nigeria and some African countries. Rotary Wing – Providing helicopter services to different sectors in the economy, especially the Oil & Gas

  3. Aero Contractors is a Nigerian carrier founded in 1959 based in Lagos. Aero previously operated charter operations supporting Nigeria’s oil and gas industries. Aero conducted a strategic realignment when the government owned Asset Management Company of Nigeria (AMCON) acquired a majority shareholding in Feb-2016.

  4. Aero Contractors of Nigeria was formed in 1959 as wholly owned by Schreiner Airways B.V of the Netherlands. It became a company with 40% Nigerian holding in 1973 and subsequently 60% in 1976. In January 2004, Schreiner Airways was bought by Canadian Helicopter Corporation (CHC) who acquired 40% holding of Aero contractors while 60% majority ...

  5. Jan 7, 2021 · Captain Abdullahi is a licensed Training Captain from IAGO, CAE Burgess Hill Training Centre in London. Recall that Asset Management Company of Nigeria (AMCON) had in 2016 taken over the management of Aero Contractors after it dissolved the board of the company following increased debt profile.

  6. Jan 29, 2024 · Industry. CEO Explains Why Nigerias Oldest Airline Competing With Air Peace, Max Air Others Shut Down. Monday, January 29, 2024 at 2:21 PM by Zainab Iwayemi 3 min read. The CEO of Aero Contractors has explained how it has been able to navigate through hurdles in the last couple of years.

  7. OWNERSHIP. Aero Contractor was formerly owned by the Ibru family. Asset ...

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