Air Peace sacks 90% of its pilots over Coronavirus pandemic

On Monday, the airline issued a statement by the Spokesperson, Stanley Olisa, which stated that the mass termination of appointments was necessary as COVID-19 has crippled their operations.

The airline fired 70 percent of its staff over its inability to continue to fulfil its financial obligations without carrying out a restructuring of its entire operations to survive the times.

This was a painful and difficult decision, the statement shared, but a necessary one.

The statement also revealed that the company has cut staff salaries by up to 40% in order to successfully continue to pay staff and carry out operations smoothly.

Read the statement below:

“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.

“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 zero to 40 per cent cut of the former salary depending on the salary grades of every staff.

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