[8][9] 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 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.

[10] 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.

[11] Activity has slowly increased since then, but full formal accounts do not seem to be published; recent available figures, largely from press reports, are shown below (for years ending 31 December): Aero serves the following destinations: The Aero Contractors fleet consists of the following aircraft as of January 2025:[16][15][17] The airline fixed wing fleet previously included the following aircraft:[18]