Aero Contractors (Nigeria)

Nigeria Active
1959Founded in
12Current fleet
12On Vuelopedia
2Types

Aero Contractors Company of Nigeria Limited, known as Aero Contractors or simply Aero, is a state-controlled Nigerian airline company based at Murtala Muhammed International Airport in Ikeja, Lagos State, Nigeria. Furthermore, it operates helicopter services and fixed wing domestic and international scheduled passenger services, air charter and third party aircraft operations, largely in support of Nigeria's extensive oil and gas industry.

Key facts

Founded1959
CountryNigeria
HeadquartersAeropuerto Internacional Murtala Muhammed
GroupNigeria
OwnerSchreiner Airways
IATA / ICAOAJ / NIG
CallsignAEROLINE
Documented fleet12

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 Nigerian Enterprises Promotion Decree of 1977, also known as the indigenization decree. In January 2004, Schreiner Airways was bought by CHC Helicopter (CHC), which acquired a 40% holding in Aero, while the 60% majority share remained within the Ibru family.

On 1 July 2010, CHC sold its interests in Aero for the consideration of 1 Nigerian naira, when Aero became wholly owned by the Ibru family.

In March 2013, industrial action grounded flights for 18 days, in a dispute over outsourcing and reduction in staff numbers. The strike, from 13–28 March, grounded Aero's active fleet of nine aircraft, and was reported to have cost the airline at least N10bn in ticket sales.

After financial intervention, the Asset Management Corporation of Nigeria (AMCON), an arm of the Federal Government of Nigeria, held 60% of Aero, and in August 2013 it was reported that AMCON had taken over the management of the carrier. Hugh Fraser was named as new CEO.

In August 2013 there was press speculation that the Federal Government will use Aero Contractors as the nucleus of a new national carrier, recapitalizing it through a N200 billion initial public offering (IPO). The new airline was allegedly to be known as 'Nigerian Eagle', several years after the liquidation of the defunct flag carrier Nigeria Airways, and that the airline would commence full operations before the end of the year (2013). The factual basis for this report was the repainting of an Aero plane in the colours of the Nigeria national football team, the Super Eagles. The Ministry of Air Transport, however, clarified the repainting of the aircraft was only publicity related to the qualification of the National team for the 2014 World Cup.

In 2016, Aero Contractors became the first official airline casualty of Nigeria's worsening economic crisis after it announced it would suspend all scheduled operations with effect from 1 September 2016. However, since December 2016 the airline has gradually returned to full operations, operating 6,717 flights in 2019.

In 2021 two A320s were added to the Aero fleet from Heston Airlines of Lithuania.

In 2022 it suspended due to fuel scarcity. Later it resumed operations not much long after.

Its airports

Its main hubs

Route network according to OpenFlights (open route database). It may not reflect recent schedule changes.

Data from Wikidata (CC0) · summary from Wikipedia (CC BY-SA).

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This page was last updated on September 26, 2026

APA

Vuelopedia. (2026, September 26). Aero Contractors (Nigeria). Retrieved October 16, 2026, from https://vuelopedia.org/en/airline/aero-contractors

MLA

“Aero Contractors (Nigeria).” Vuelopedia, Fundación Poderia, 26 Sept. 2026, vuelopedia.org/en/airline/aero-contractors. Accessed 16 Oct. 2026.

Chicago

Vuelopedia. “Aero Contractors (Nigeria).” Fundación Poderia. Last modified September 26, 2026. https://vuelopedia.org/en/airline/aero-contractors.

Harvard

Vuelopedia (2026) Aero Contractors (Nigeria). Available at: https://vuelopedia.org/en/airline/aero-contractors (Accessed: 16 October 2026).

BibTeX

@misc{vuelopedia_en_airline_aero_contractors,
  author       = {{Vuelopedia}},
  title        = {{Aero Contractors (Nigeria)}},
  publisher    = {Fundación Poderia},
  year         = {2026},
  date         = {2026-09-26},
  url          = {https://vuelopedia.org/en/airline/aero-contractors},
  howpublished = {\url{https://vuelopedia.org/en/airline/aero-contractors}},
  urldate      = {2026-10-16},
  note         = {Accessed 2026-10-16}
}

Wikipedia

{{cite web |url=https://vuelopedia.org/en/airline/aero-contractors |title=Aero Contractors (Nigeria) |website=Vuelopedia |publisher=Fundación Poderia |date=2026-09-26 |access-date=2026-10-16 |language=en}}

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