The story
The Nigerian government set a deadline of April 30, 2007 for all airlines operating in the country to re-capitalise or be grounded, in an effort to ensure better services and safety. The airline satisfied the Nigerian Civil Aviation Authority (NCAA)’s criteria in terms of re-capitalization and was re-registered for operation. In July 2008 the company was sold to a group of investors who have launched a major route expansion and acquisition of new aircraft from Embraer.
From Wikipedia’s article on Associated Aviation, shared under CC BY-SA 4.0.3
