The Head, Corporate Communications, AMCON, Jude Nwauzor, has said that the corporation is yet to get a good offer for investment.
The airlines however have been getting a lot of interests after the Asset Management Corporation of Nigeria made it known that it planned to divest its shares in the airlines.
Nwauzor explained that the airline needed to get a good offer and reach an agreement before transactions will be concluded, adding that it would take a long process.
According to him, the corporation was working on finding the right investors before concluding the process of divesting from the airlines, adding that operations had since been stabilised with on-time performances and put in positions to generate positive cash flow.
“We have stabilised the airlines, which is why they are still flying. Right now, what we are looking at is growth and then our exit,” he said.
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