Aero Contractors has denied studies that the airline operator is planning to chop down its workforce and shutdown enterprise operation, stating that the claims are “wild and unfounded.”
The allegation was made by Nationwide Union of Air Transport Workers (NUATE) and the Air Transport Senior Employees Providers Affiliation of Nigeria (ATSSAN) throughout a press convention on Monday.
Aero Contractors mentioned the 2 unions are at all times in a haste to compromise confidential info to the general public, explaining that the present challenges within the aviation business is what’s affecting its enterprise, not a plan to liquidate.
In accordance with the assertion launched on Monday, Aero Contractors mentioned, “It’s on this regard that we’re at a loss why the employees, realizing the challenges airways are dealing with within the present working atmosphere are at all times in a haste to compromise confidential info to the general public and make it a problem of debate.”
Recall that the airline operators in Nigeria had weighed possibility of shutting down their companies early this month over rising value of aviation gasoline, referred to as Jet A1, which rose from N190 per litre to N700.
Learn additionally :More airlines may shut-down soon —Aero Contractors’ CEO, Mahmood, says
The corporate additional defined that, “We’re aware of the challenges we face and have been prudent with our bills, and doing our greatest to maintain employees welfare.
“The present administration determined to create the 4 strategic enterprise models (SBUs): upkeep restore overhaul (MRO), aviation coaching organisation (ATO), airline operation and rotary wing, to boost effectivity and profitability.
“There’s no Nigerian service with out debt overhang brought on by the working atmosphere. And all main airways on the earth have had comparable challenges, however took strategic measures to show across the airways.
“It’s unlucky that the airline business operates on skinny margins and airways are at all times making efforts to be leaner and smarter to remain afloat.” the assertion reads.
Aero Contractors projected that the fortunes of the corporate will change within the subsequent few months, “We imagine that because the revenues start to enhance over the following few months, following strategic engagements with potential companions, the airline’s fortune will enhance.”
Be part of the dialog
Help Ripples Nigeria, maintain up options journalism
Balanced, fearless journalism pushed by knowledge comes at large monetary prices.
As a media platform, we maintain management accountable and won’t commerce the correct to press freedom and free speech for a chunk of cake.
In the event you like what we do, and are able to uphold options journalism, kindly donate to the Ripples Nigeria trigger.
Your help would assist to make sure that residents and establishments proceed to have free entry to credible and dependable info for societal improvement.