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The International Air Transport Association (IATA) says it is currently working with the new management of Arik Air to resolve the airline’s suspension from the IATA Billing and Settlement Plan (BSP) and Cargo Account Settlement System (CASS).
Dr Samson Fatokun, IATA Area Manager, South-West Africa, made the disclosure in a statement obtained by the News Agency of Nigeria (NAN) on Wednesday in Lagos.
NAN reports that the Asset Management Company of Nigeria (AMCON) had on Feb. 9 taken over the airline following its huge indebtedness to the company and other creditors both local and foreign.
AMCON had directed that the airline be managed by Capt. Roy Ilegbodu, a veretan aviation expert, under the receivership of M Oluseye Opasanya (SAN).
Fatokun said the airline’s suspension from the IATA financial systems did not affect its IATA membership or its IATA Operational Safety Audit (IOSA) status.
He said Arik Air remained a member of IATA and a fully IOSA registered airline.
NAN reports that IATA represents some 265 airlines comprising 83 per cent of global air traffic.
