aircraft grounded $2.5 million debt
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Nigeria NAMA Grounds Arik Air Planes Over $2.5 Million Debt Dispute
NAMA has grounded Arik Air’s aircraft due to a $2.5 million debt dispute with Atlas Petroleum. Following a court order, the airline's planes were attached to enforce payment. Despite previous appeals being dismissed, NAMA is ensuring compliance with the Supreme Court's ruling. Arik's CEO warns...
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