In a statement released earlier today, the management of Nigeria’s
second largest commercial airline, Aero Contractors, announced the
suspension of its schedule services from September 1, 2016, and sent its
workers involved in scheduled services on indefinite leave.
The statement said the depreciation of naira within the last six
months has made it impossible for the airline to achieve its operational
targets, stressing that the suspension was part of the strategic business
realignment to reposition and return the airline back to profit making.
“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.
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