Sunday , 14 August 2022
Caverton Group Logo

Caverton Helicopters reacts to negative trend says it runs safe, financially stable operations

 

MANAGEMENT of Caverton Helicopters today has said that it runs a safe service and is also finally stable countering recent allegations that allude to the contrary.

 

The airline also addressed the resignation of some of its pilots stating that although true it operates a free market economy as the pilots were free to go while others are free to seek employment with the airline.

 

A statement by the airline reacting to certain allegations on the media read,” Though it is not in our character to blow our own trumpets, we make bold to say that Caverton Helicopters’ commitment to safety in all facets of its operations is impeccable and unimpeachable. Also, the company remains financially stable despite the lingering impact of COVID-19 on the national and global operating environment.

 

“The report also claims that some pilots left the company for another. While this is true, the motive adduced is far-fetched. The country and the industry operate a free-market economy whose cardinal principle is free entry and exit, including of labour. It is within the constitutionally guaranteed rights of those who left the company to do so, as it is within the rights of others to come on board.

 

“As a matter of fact, the experienced hires by Caverton always come from other companies too, both within and outside the country. Creating a sensation out of some staff leaving one organisation for another organisation amounts to making a mountain out of a molehill. The relevant point is that Caverton always has the required number of well-trained, type-rated, and professional crew (pilots and engineers) from virtually all continents of the globe to meet the complex needs of its premium clients.

 

The airline further explained that there was nothing wrong with regular audit review as it is not alien in a highly regulated sector like the oil and gas industry.

 

It also revealed that the suspension of flights with one of its esteemed clients is to ensure such a review (audit).

 

” It is a part of our contract with the company. We are positive that we will return to normal operations once the audit is concluded.

 

“It is not deniable that the global pandemic negatively impacted the operations of countries and companies in the last two years. The oil and gas sector, Caverton Helicopters’ primary market, was particularly hit due to low demand occasioned by lockdowns across the globe.

 

“This affected the company’s operations as clients reduced flights, dropped contracted aircraft, and reduced rates. But despite this, the company always met its obligations to its staff and suppliers. As the world returns to normalcy, the negative impact of the pandemic is wearing off, and our business outlook is more positive than before, reinforced by our strategic decision to diversify our revenue streams.”

 

“To underscore our commitment to safety, capacity building and financial buoyancy, Caverton has built a 40,000 sqm training and Maintenance, Repair, and Overhaul facility. With spare parts from original equipment manufacturers, operating within an export free zone, and fitted with an EU regulator certified flight simulator, the facility is the first of its kind not just in Nigeria but in Africa, ” the airline said.

 

 

About NigerianFlightDeck

mm
Nigerianflightdeck is an online news and magazine platform reporting business stories with a bias for aviation and travel. It is borne out of the intention to inform, educate as well as alter perceptions with balanced reportage.

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