Air Peace sacks 70 pilots, staff

The company made this known in a statement on Monday in Lagos adding that it took the “very painful, but rightful decision”, NAN reports

The management of Air Peace has said that the crippling effects of Coronavirus pandemic on its operations were responsible for the sack of some pilots and supporting staff.

The company made this known in a statement on Monday in Lagos adding that it took the “very painful, but rightful decision”, NAN reports.

It also stated that the decision was taken for the betterment of the company.

The statement read “The airline could no longer afford to trade the path of being unable to continue to fulfill its financial obligations to its staff, external vendors, aviation agencies, maintenance organizations, insurance companies, banks and other creditors.

“Hence, the decision to restructure its entire operations with a view to surviving the hard times.

“The pandemic has hit every airline worldwide, so badly that it has become very impossible for airlines to remain afloat without carrying out internal restructuring of their costs.

“Anything short of what we have done may have lead to the collapse of an airline which led to reviewing of salaries being paid to all staff.

“The new salaries reflect a 0-40 per cent cut of the former salary depending on the salary grades of every staff.

“Even after the cuts, it was still obvious that for us to be able to sustain our operations and survive the difficult times, some jobs must inevitably have to go.”

Newsflash Nigeria is an online newspaper that is developed and written exclusively for Nigerians. It’s packed with up-to-the-minute Local and National Economy News, Share & Capital Market, Health, Sports, Education, Technology, Business and Opinions.

To make further advert enquiries or place an order, please contact us at flashnewz247@gmail.com and +2348053316946 and WhatsApp number 08033546732

FOLLOW US ON GOOGLE
Exit mobile version