Air Peace sacks over 70 pilots, cuts salaries by 40%

By AdvocateNews on 03/08/2020

Share on facebook Yahoo mail icon Gmail icon

Views: 1,284


Air Peace has sacked over 70 pilots across its fleet types as the negative impact of COVID-19 pandemic continues to take a huge toll on its operations.

The airline said it had to take the “painful but rightful” decision in the face of the devastating effects of the COVID-19 pandemic on its operations and financial health.

This was confirmed on Monday by the airline’s spokesman, Mr. Stanley Olise.

According to Mr. Olise’s statement, the retrenchment, and shedding of staff is not unlinked with the economic devastation wrought by the COVID-19 pandemic.

Describing the sacking as “painful but rightful decision,” the airline’s management said the cutbacks were necessary to ensure that Air Peace survives the hardship of the times.

The spokesman’s communique further stressed that the decision was inevitable under the circumstances, adding that the move was made in order to protect the continuity of the majority of the existing jobs and the possibility of creating new ones in the future, as well as to ensure the survival of the airline.

Below is the full statement as released by Mr. Olise on behalf of the Air Peace management.

“The Management of Air Peace wishes to state that it has taken a very painful but rightful decision, in the circumstances the airline has found itself as a result of the devastating effects of the COVID-19 pandemic on its operations and financial health, to terminate the employment of some of its pilots.

“This decision was taken for the greater good of the company and its almost 3000 workforce, the affected pilots inclusive. The airline cannot afford to toe the path of being unable to continue to fulfill its financial obligations to its staff, external vendors, aviation agencies, maintenance organisations, insurance companies, banks and other creditors hence the decision to restructure its entire operations with a view to surviving the 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 lead to the collapse of an airline as could be seen in some places worldwide during this period. Therefore, we decided to review the salaries being paid to all staff. The new salaries reflect a 0%-40% cut of the former salary depending on the salary grades of every staff. Even after the cuts, it was obvious that for us to be able to sustain our operations and survive the times, some jobs must inevitably have to go.

“Air Peace has never, for one day, ever owed salaries to its workers in its almost six years of existence, pilots inclusive. Rather the management of Air Peace has always been known to be increasing salaries of its employees periodically without being prompted by staff. In fact, in one fell swoop, Air Peace increased the salaries of pilots by over 100% in one day! Our salaries have always been paid even before the end of the month in the last 5 years!

“So we love all our staff. This decision is inevitable under the circumstances we find ourselves. In order to protect the continuity of majority of the existing jobs and the possibility of creating new ones in future, the survival of the airline is of paramount importance. When everything comes back to normal those pilots affected today will have a place to come back to in future if they so wish.

“The decision is a reflection of the negative impact of the pandemic on airlines and aviation worldwide. We are in trying times. Even the biggest airlines in Europe, America, Middle East, Asia, Australia and, indeed, Africa, are all either slashing jobs and cutting salaries in order to remain afloat or are shutting down. Air Peace is not immune from these challenges.”

Posted 03/08/2020 11:33:55 PM

 

Share on facebook Yahoo mail icon Gmail icon


 

You may also like...
Buhari’s delay in appointing ministers affecting economy –...

Massacre in Oyo: 45 dead bodies recovered, Oba’s...

Retired military, police officers carpet Buhari over killings...

Nigerian tests positive for coronavirus in US

Why I am fighting Obiano - Obi

67 IPOB members arrested on way to fortify...

COVID-19: US companies sack 44.2m workers

Eight injured, vehicle burnt as Akeredolu, Jegede supporters...

Buhari destroyed naira with poor policies – Ezekwesili...

We are yet to identify killers of Enugu...

INEC fixes Anambra guber election November 6

Bandits kill PDP chairman, Dako, in Katsina

 

Latest News Nigeria under Buhari at mercy of bandits, terrorists – UK Parliament Army recruitment: Zulum approves N12.8m support for 641 Borno candidates US lawmakers stop $875m defence equipment sale to Nigeria FG lines up N36bn for COVID-19 third wave, 4,261 cases recorded in 30 days Presidency administers oath of secrecy on Aso Rock staff 7 Naval Officers abducted in Edo BREAKING: Court acquits El-Zakzaky, wife Hushpuppi Pleads guilty to money laundering charge, faces 20 years in Prison Bauchi govt begins census of prostitutes Olympics: Ten Nigerian athletes banned from Tokyo 169 killed, 191 hospitalised as Cholera ravages Kano LGAs Kanu : IPOB threatens total lockdown ...Gives FG 14 days to release Kanu

 

Most Read I’ve no Coronavirus, govt wants to kill me – Anambra Index case (138,781 views) FG sends new directive to banks, schools as Buhari extends lockdown by four weeks (132,324 views) Ugwuanyi commends FG’s siting of ICT University in Enugu (132,323 views) Ebonyi bans embalming of corpses in homes (132,322 views) Ex-Heads of State will protect Jonathan from persecution —Kukah (132,322 views) Fleeing ex-DG Imo Broadcasting Corporation who stabbed wife to death arrested (132,322 views) Full Text of Governor Ifeanyi Ugwuanyi’s 2016 Budget Speech (132,321 views) Sickle cell support group seeks government intervention (132,320 views) HUSHPUPPI: CRIMINALS HAVE NO TRIBE. THEY SHAME ALL OF US... (130,329 views) ASUU strike: Senate intervention ends in deadlock (129,134 views) All you need to know about Peter Obi, PDP VP Candidate (107,388 views) DEMOCRACY DAY: President Muhammadu Buhari’s full speech (105,425 views)

 

 

SECTIONS FAITH (143) EDITORIAL (17) NEWS (6,073) POLITICS (491) SOCIETY (125) SPORTS (49) BUSINESS (363) HEALTH (53) EDUCATION (47) ENTERTAINMENT (42) INTERNATIONAL (165) TECHNOLOGY (1) COLUMNISTS (57) LETTERS (4) OPINION (35)

 

 


There are no video entries posted yet.