Air Peace Airline says it has sacked some of its pilots.
The airline in a release says it had to take the painful decision of sacking some of it pilots because of the devastating effects of the COVID-19 pandemic on its operations and financial health.
The airline revealed that it has also decided to review the salaries being paid to all staff to reflect a 0%-40% cut of the former salary depending on the salary grades of every staff.
The airline says it was a painful decision ” 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.
“We are in trying times. Even the biggest airlines in Europe, America, Middle East, Asia, Australia and, indeed, Africa, are all either slashing jobs or cutting salaries in order to remain afloat or are shutting down. Air Peace is not immune from these challenges.
The airline maintained that they love their staff, as the decision is inevitable under the circumstances they find themselves.
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