Friday, 17 March 2017

Aero Contractors Airline Sacks 900 Staff in Nigeria

Air Contractors Airline has let go 900 of its workers, speaking to around 60 per cent of its workforce to cut operational expenses.

Airline, which is under the administration of the Asset Management Corporation of Nigeria (AMCON), has lay-off about 900 specialists representing 60 per cent.

Aero Contractors Airline Sacks 900 Staff in Nigeria

As per the carrier's Media Consultant, Mr Simon Tumba, the specialists who were sacked amid the week, would be paid their pension and gratuity.

Aero as at last September had around 1,500 staff on its finance before it suspended flights. AMCON took control in 2013.

Tumba said the carrier had been thinking about gigantic and improbable personnel cost and other operational difficulties, intensified by absence of enough aircraft to keep every one of the specialists seriously locked in.

"The issuance of warning of redundancy is a business choice that will guarantee Aero's survival.

“The current situation where over a thousand people are basically not engaged due to lack of serviceable aircraft is not sustainable for the airline.

“The huge monthly salary associated with a bloated workforce will eventually kill the airline, which is not the intention of the current government,” he said.

According to him, Aero Contractors currently has aircraft-to-employee ratio of 1:500, which analysts believe is perhaps the worst in the history of global airline industry.

Tumba said government’s intervention in Aero was to save it from total collapse. Therefore, he said, all steps such as this (issuance of redundancy letters) to ensure its survival must be put into effect to save the airline.

”This decision will immediately reduce the whopping operational cost, which has been stifling Aero; enable the management bring in more aircraft through savings from overheads and pay for C-checks.

“It will also enable Aero have a more manageable and committed workforce in line with international best practices of 50 to 60 personnel to one aircraft unlike what obtains in Aero at the moment.”


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