Aero contractor who is known to be the second largest commercial Nigerian Airline has decided to initiate operation save the company measure due to the current financial situation in the country. It is reported that the move is part strategic measures by the company to save itself due to the depreciation in naira which has made it impossible for the company to achieve its operational target.
The management of the company announced the indefinite suspension of its scheduled services taking effect from 1st September, 2016. The Management said;
“The impact of the external environment has been very harsh on our operational performance, hence management decision to suspend scheduled services operations indefinitely effective September 1, 2016, pending when the external opportunities and a robust sustainable and viable plan is in place for Aero Contractors to recommence its scheduled services.
“The implication of the suspension of scheduled services operations extends to all staffs directly and indirectly involved in providing services as they are effectively to proceed on indefinite leave of absence during the period of non-services.
“We are aware of the impact this will have on our staff and our highly esteemed customers, hence we have initiated moves to ensure that we are able to return back to operations within the shortest possible time, offering reliable, safe and secure operations, which the airline is known for.”