ADC Airlines was a Nigerian domestic and regional carrier operating scheduled and charter flights. When an ADC Boeing 737 crashed on October 29, 2006, the airline was grounded and lost its license until further notice. Around 100 people, among them several Nigerian dignitaries, died in the crash. ADC's license was revoked completely on May 1, 2007.
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ADC’s parent company, Aviation Development Company plc., was founded in December 1984. ADC Airlines commenced flight operations on January 1, 1991. Original destinations were Calabar, Port Harcourt, Lagos, Abuja and Kaduna in Nigeria, Monrovia in Liberia, Freetown in Sierra Leone, Conakry in Guinea, Banjul in Gambia and Accra in Ghana.
In 1994, the Aviation Development Company plc., ADC’s parent company, went public for the first time. ADC was the first African airline traded at a stock exchange.
One of the airline’s 737s crashed shortly after take-off on October 29, 2006, killing most of its 104 passengers. The accident happened near the capital Abuja. Some important religious and politcal leaders of Nigeria died in the crash. As a consequence of the event, the Nigerian government grounded the airline until further notice. Already 10 years ago, an ADC Boeing 727-231 en route from Port Harcourt to Lagos had crashed and killed 143 people.
In 1994, the Aviation Development Company plc., ADC’s parent company, went public for the first time. ADC was the first African airline traded at a stock exchange.
On May 1, 2007, the Nigerian government completely revoked ADC's license, as well as the one of six other Nigerian carriers. This was a consequence of the new financial requirements the airlines were not able to meet.
Before the accident, ADC airlines had operated around 120 flights a week, which accounted for around 42 % of the domestic passengers in Nigeria.
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