Arik Air’s Shrinking Fleet
After Arik Air returned three Dash 8-Q300s and four Fokker 50s to bankrupt Denim Air, the airline has lost more aircraft. One of its two B737-300s is stored (5N-MJB at Southend) as well as two B737-700s (5N-MJC at Southend and 5N-MJJ is on repair at Southend too). Some of the stored aircraft may return into service. Still, Arik Air has only 20 aircraft available for scheduled services right now, against the 30 it operated at the beginning of the year. The airline has only two aircraft awaiting delivery at the moment: an A330 (F-WJKL) at Chateauroux and a Dash 8-Q400 (C-FXAW) at Toronto.
Arik Air has not opened any new route or destination since November 2009. It actually closed eight domestic and regional destinations and a few regional routes. It seems that Arik Air is beyond its first phase of expansion. Hopefully, the airline can consolidate its current position.
Arik Air still has the biggest aircraft fleet in Nigeria. Aero operates eleven aircraft, Nigerian Eagle Airlines five, Overland Airways five, Dana Air four, IRS Airlines three, and Chanchangi Airlines two aircraft.