300 members of staff of Arik Air have been retrenched due to economic shortfalls caused by the global coronavirus pandemic.
The management of the airline made the announcement in a statement released by Spokesman, Adebanji Ola on Friday, December 4, 2020.
The press statement titled, “Arik Air management declares 300 staff redundant”, blamed the sacking on the impact of COVID-19 pandemic.
The airline company disclosed that a redundancy package would be provided for the affected workers with the help of the aviation unions.
The statement read in part, “Arising from the devastating impact of the COVID-19 pandemic, leading to the constrained ability of the airline to complete heavy maintenance activities and return its planes to operations, stunted revenues against increasing operational costs, the management of Arik Air (In Receivership) has declared 300 staff members redundant to its current level of operations.
“The leadership of the impacted unions has been contacted to negotiate a redundancy package for the affected staff.”
The airline added that over 50 percent of its workforce of over 1,600 staff have been on furlough in the past six months.