Airline Weekly | International : Analytical : Essential

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Arik Air

Fleet:
Type	Number in Fleet
B737-300	2
B737-700	9
CRJ900	4
DHC-8-300	3
DHC-8-400	2
F27 MK050	1

For more detailed fleet information, visit www.ch-aviation.ch

Strengths and opportunities:
- Nigeria the largest country in Africa with 140m people
- Nigeria endowed with huge oil resources that stimulate business traffic
- Many weak domestic competitors
- Lots of new planes on the way, including B787s and B777s

Weaknesses and threats:
- Will have to compete with better-known Virgin Nigeria on key routes
- Nigeria an extremely difficult place to do business
- Poor aviation facilities; even safety is questionable
- Many Nigerians lost their trust in flying following several major accidents
- Nigeria attracts few tourists
- Can it really afford all of those planes?

Financial data is sourced from company reports. The strengths and weaknesses are based on an analysis by Airline Weekly's editors. Information provided on airlineweekly.com is for general informational purposes only and should not be construed as investment advice.

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