Retrenchment looms in Arik with drastic flight reduction

Retrenchment looms in Arik with drastic flight reduction

With drastic reduction of flights from 120 to an average of 18 daily, there are indications that Arik Air would retrench majority of its workers, as its revenue continues to dwindle and the number of airworthy fleet continues to decrease. The airline has about 2,000 workforce in its Nigerian operations with about N1 billion monthly…

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