Wednesday, March 27, 2024
HomePoliticsNEWSAir Peace Dismisses 70 Pilots, Cuts Pay By 40%

Air Peace Dismisses 70 Pilots, Cuts Pay By 40%

On Monday, Air Peace sacked over 70 of its Pilots cutting across its fleet types due to the negative impact of the Coronavirus Pandemic as it continues to take a huge toll on its operations like other mega carriers.

According to the Airline, the decision is painful but the right thing to do as it could not afford to thread the part of being unable to fulfil its financial obligations towards its to its workers, external vendors, aviation agencies, aircraft maintenance organisations, insurance companies, banks and other creditors if it did not carry out restructuring of its entire operations to survive the times.

In a statement released, it reads :

 “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 fulfil its financial obligations…”

ALSO READ:  I Can Raise Abba Kyari From The Dead – Nigeria Pastor Begs
RELATED ARTICLES

Leave a Reply

- Advertisment -

Most Popular

Recent Comments

%d bloggers like this: