History
Aero Contractors was formed in 1959 and officially registered in Nigeria in 1960. At that time, it was a wholly owned by Schreiner Airways B.V. of the Netherlands. It became a company with initially 40% Nigerian holding in 1973 and subsequently 60% in 1976, anticipating the requirements of the Indigenization Decree. In January 2004, Schreiner Airways was bought by Canadian Helicopter Corporation (CHC) which acquired a 40% holding in Aero while the 60% majority share remained within the Ibru family. Since 2010 the company has been wholly owned by the Ibru family, although Aero still has a technical partnership with CHC regarding its rotary wing division.
Aero Contractors has two divisions:
- Fixed Wing – provides scheduled passenger services in Nigeria and western Africa.
- Rotary Wing – provides helicopter services for the oil and gas industry in Nigeria.
Read more about this topic: Aero Contractors (Nigeria)
Famous quotes containing the word history:
“The history is always the same the product is always different and the history interests more than the product. More, that is, more. Yes. But if the product was not different the history which is the same would not be more interesting.”
—Gertrude Stein (1874–1946)
“The basic idea which runs right through modern history and modern liberalism is that the public has got to be marginalized. The general public are viewed as no more than ignorant and meddlesome outsiders, a bewildered herd.”
—Noam Chomsky (b. 1928)
“The greatest horrors in the history of mankind are not due to the ambition of the Napoleons or the vengeance of the Agamemnons, but to the doctrinaire philosophers. The theories of the sentimentalist Rousseau inspired the integrity of the passionless Robespierre. The cold-blooded calculations of Karl Marx led to the judicial and business-like operations of the Cheka.”
—Aleister Crowley (1875–1947)