The management of Arik Air has terminated the appointment of 300 members of staff of airline.
The airline disclosed this in a statement titled, “Arik Air management declares 300 staff redundant” released on Friday.
It said the decision to sack some staff members was informed by the impact of COVID-19 pandemic on business operation.
It added that a redundancy package would be made available to the affected workers with the assistance of the aviation unions.
The statement partly read, “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 have been contacted to negotiate a redundancy package for the affected staff.”
Arik Air also said that over 50 per cent of its workforce of over 1,600 staff have been on furlough in the past six months.