Aero Contractors Fires 900 Workers(AFRICAN EXAMINER) – Aero Contractors Airline, which is under the management of the Asset Management Corporation of Nigeria (AMCON), has sacked about 900 workers representing 60 per cent. Aero as at last September had about 1,500 workers on its payroll before it suspended flights. According to him, Aero Contractors currently has aircraft-to-employee ratio of 1:500, which analysts believe is perhaps the worst in the history of global airline industry. According to Wikipedia, Aero Contractors was founded in 1959 and officially registered in Nigeria in 1960. 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.