Nigeria One (Lagos) is set to launch during Q3 of this year through the amalgamation of the assets of all the domestic carriers that are heavily indebted to the state-backed Assets Management Corporation of Nigeria (AMCON), Minister of Aviation, Princess Stella Oduah, has said. These include Arik Air (W3, Lagos), Chanchangi Airlines (NCH, Kaduna) and Aero Contractors (N2, Lagos). AeroContractors were taken-over by AMCON in September 2012 at the behest of the Nigerian Central Bank over debts estimated to be USD200million. None of the airlines has yet responded to the announcement. Meanwhile, Irish carrier, Aer Lingus (EI, Dublin International), has refuted claims it is involved with the Nigerian government's Aviation Intervention Fund, an aircraft sourcing initiative set up by Abuja to help Nigerian airlines access aircraft at more competitive rates. Reports in the Nigerian press had claimed Nigerian aviation officials had appointed Aer Lingus as aircraft lessor for Nigeria's carriers with Irish representatives having allegedly travelled to West Africa for talks with the Governor of the Nigerian Central Bank, Mallam Sanusi Lamido Sanusi. According to The African Aviation Tribune, a more likely lessor, also of Irish origin, would be Shannon-based Aldus Aviation, who were recently awarded a contract by the African Development Bank to set up the Aldus Aircraft Africa (AAA) Leasing Project.