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Aero Assures  Settlement of Outstanding Redundancy Benefits

POSTED ON April 5, 2024 •   BUSINESS & ECONOMY      BY Abiodun Saheed Omodara
Aero Contractors Airplane l Credit: Airplane Archive l Source: flyaero.com

Aero Contractors has reaffirmed its dedication to clearing the remaining five per cent of redundancy benefits owed its workers. 

"In the last seven years, the company has paid approximately 95 per cent of the redundancy benefits.

“We should be given credit because this management initiated the process of paying off redundancy. We want our prospective investors to understand that we are a very responsible company, and we take our obligations seriously, not only for staff but also in other areas. We update them on a day-to-day basis to ensure business continuity. It is a very tough environment in which we are operating,” said Aero Chief Executive Officer of the airline, Captain Ado Sanusi. 

However, he faulted the move by workers of the National Association of Aircraft Pilots and Engineers(NAAPE) to issue a press statement despite ongoing efforts to resolve the issue amicably.

“This should not be an opportunity for disharmony; dialogue is a process. There was a letter written, there was a process agreed upon, and all of a sudden they went to the press. We are ready to resolve the issue,” the CEO stated. 

He said that despite the challenges posed by fluctuating exchange rates and fuel costs, Aero Contractors remained steadfast in its efforts to uphold its obligations and ensure business continuity.

“We are all aware of the tough times we experienced due to the high exchange rate and aviation fuel. We are all aware of how many companies came to the brink of closure. We have remained steadfast despite all the challenges,” he said.

“We appreciate your understanding. Our commitment to operating with integrity and accountability remains unwavering, and Aero Contractors remains steadfast in its dedication to the well-being of its employees, past and present”, the airline said

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