Nigerian Airline, Air Peace has retrenched over 70 pilots cutting across its fleet types in response to the negative impact of COVID-19 pandemic on its operations.
According to the airline, the decision became painful, but rightful in the face of the devastating effects of the COVID-19 pandemic on its operations and financial health.
This was contained in a statement issued by the airline on Monday, citing the need to sustain its operations and survive the times.
The airline said it realised that it was not immune from the challenges thrown up by the COVID -19 pandemic for the global transport industry as it had to act fast by protecting existing jobs with the hope of creating new ones in the future.
The statement read: “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 fulfil its financial obligations…”
