The Moroccan Association of Air Line Pilots (AMPL) of Royal Air Maroc has started a new strike since Wednesday, July 18th.
Indeed, the management of the national airline and the pilots have not found a common ground to meet AMPL’s demands which include wages and the improvement of working conditions.
For example, in an open letter, RAM’s chief executive officer warns of the new strike, which he says is “likely to darken his economic future”.
“We are doomed to rewrite the same story, the same for 20 years,” denounces Abdelhamid Addou, the CEO in the document.
The top mangement sees in this umpteenth “devastating” strike of the pilots, a block of any initiative to invest in the company for its development, no shareholder being able to mobilize funds in such a context of uncertainty.
Worse, the economic outlook will be revised downward within the airline. The blockage of the activity “will destroy value and degrade our economic indicators and will force us to a relative survival in the coming months,” warns the CEO.
In addition, “it will affect the image of RAM already damaged, will make the happiness of the competition and will definitively close our common project of development”.
The highlight of the open letter addressed to the commanders and pilot officers, the company announces its intention to cancel scheduled aircraft orders, “because we do not have the financial means to acquire them,” says Addou.
As a reminder, the pilots had already observed a showdown last February. Vigorous tensions had rocked the flights and the company was forced to cancel a dozen, especially those connecting to Africa.
Trending
- Kenya starts talks with Ethiopia for more electricity
- Afreximbank launches $3 billion revolving facility for oil players
- Four Kenyans wanted by Nigerian authorities for CBEX hack
- IMF tough rules for Kenya’s new loan
- ARC Ltd and Klapton Re join forces to expand climate insurance across Africa
- Investors snub Ethio Telecom’s IPO, taking only 10.7 percent of shares offered
- Ruto bags $823 million in China
- Kenya’s KCB, Equity Bank to sell 30 percent stake in Congo subsidiaries