News
Air Peace Sacks 69 Pilots, Cuts Salary By 40 Per Cent
Amid coronavirus pandemic, Nigeria’s major airline Air Peace sacks 69 pilots.
It said the reduction of its workforce was as a result of the devastating effects of the COVID-19 pandemic.
Other survival move include a 0%-40% cut of the former salary.

The impact of covid-19 pandemic on the Nigerian Aviation Industry will be felt for several years — especially on its major carrier, Air Peace, who on Monday sacked 69 pilots in a move to survive the effect of the pandemic.
The airline said the reduction of its workforce was as a result of the devastating effects of the COVID-19 pandemic on its operations.
Spokesman of Air Peace, Stanley Olisa, said in a statement that Air Peace had to take “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.”
The statement added that the decision was taken for the greater good of the company and its almost 3000 workforce.
“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,”
Air Peace said not taking the move to reduce its workforce as well as its workers salaries may lead to the collapse of an airline.
“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.”
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See Also : 72 Year Old Passenger Dies Onboard Air Peace
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