The ground handling services firm of Cebu Pacific, 1Aviation is retrenching more than 1,000 workers as airlines ache from the humongous effects of the COVID-19 pandemic to the travel and tourism industry.
1Aviation Groundhandling Services Corp. said in a statement from GMA News Online: “With a heavy heart, we are left with no other recourse but to let go of 25% of our total workforce. Their last day as employees will be on July 20, 2020.”
The company currently has 5,000 employees, 25 percent of which will be laid off starting next month. To recall, 1Aviation sacked 400 workers in April as the industry remains stagnant over the cancellation of domestic and international flights.
“This unprecedented and uncertain situation with COVID-19 will continue to impact the aviation industry for many months ahead. Most forecasts show that it will take about two years before the aviation industry recovers from the impact of the COVID-19 pandemic,” 1Aviation’s Jefferson Cheng said.
1Aviation’s profitability is deeply anchored on the strength of the aviation industry, being a ground handling firm for aircraft. Due to the stoppage of most flights since March this year, the main revenue generator for the company ceased, hence, leaving hundreds jobless for some time.
However, the company reassured the affected employees’ welfare would be “take care of.” 1Aviation will prioritize the hiring of the affected employees once things go back to normal for aviation in the future.