Nigeria’s oldest airline, Aero Contractors, has concluded plans to resume flights before the Christmas.
Aero had stopped scheduled services on September 1, 2016, due to lack of funds.
The firm was cash strapped due to its inability to pay for the maintenance of its aircraft.
Aero says part of the plans will be to resume flights with two Boeing B737-500s and one Bombardier Dash 8-300.
The firm said after that, she will deploy two more Bombardier Dash 8-300s to bring its fleet to five aircraft.
The airline is bouncing back at a time when the domestic airline market is grounded due to FOREX issues.
The situation is worsened by the inadequate supply of aviation fuel, known as Jet A1.
The Jet A1 fuel is currently priced at N240 per liter.
An informed source from the airline told this News House that the issues Aero had with labor unions had been resolved.
Recall that the Assets Management Corporation of Nigeria (AMCON) had warned Aero to restructure.
The source said Aero was up and about to meet the demands. They will lay off some workers.
The plan to lay off workers has received the backing of organized labor unions.
The source also disclosed that the airline would gradually bring back all of its aircraft again.
Aero boasts of six Boeing B737-500s and three turboprops Dash 8-300s.
“We plan to resume on Wednesday but it is work in progress. We intend to start gradually then ramp up.
“We already have two Boeing B737-500s and one Dash 8 on the ground but we hope to get two more within days.
“We have resolved issues with the unions. We are going to bring all our airplanes back over time.
“We have agreed to restructure, which the condition is given by AMCON,” the source said.