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Page last updated at Friday, June 24, 2011 9:09 AM //
The Kotoka International Airport
The Ghana Airports Company Limited (GACL) has said the cost of taking care of salaries and other employee costs currently stands at 38 per cent of the company’s revenue.
This, according to the GACL, has serious implications for the generation of surplus revenue to fund the numerous projects of the company.
The Board Chairman of the Company, Mr George Kuntu Blankson, speaking at a press conference in Accra, said despite the financial challenges, the company is committed to giving its staff adequate training in areas that would support the company’s business strategy.
He said the press conference was held to throw light on management’s position over recent staff agitation for upward adjustment in wages and salaries.
Mr Blankson said the workers had asked for a 25 per cent salary adjustment but management had tabled a five per cent adjustment because of the financial state of the company. He indicated that the company needs the money to expand facilities at the Kotoka International Airport (KIA) to accommodate the influx of more and new airlines.
He said management is disappointed that workers hoisted red flags last week in protest without taking into consideration the future plans of the company.
According to Mr Blankson, after the break-up of the Civil Aviation Authority into the Ghana Civil Aviation Authority and the Ghana Airports Company Limited, the company has been facing financial challenges as it took over staff of about 645 coupled with the fact that it has become liable for the payment of accrued staff benefits and the payment of some GH¢1,386,305.20 as long service awards to 174 staff members.
Meanwhile, the company, as part of its future plans, is expected to re-model the entire terminal building of the KIA to ease traffic as this will provide seven aerobridges to facilitate boarding of passengers.
Other projects to be undertaken include the upgrading and expansion of the domestic terminal for international operation, refurbishment of washroom facilities at the KIA and the construction of an airport business centre.
By Eunice Menka
The Ghana Airports Company Limited (GACL) has said the cost of taking care of salaries and other employee costs currently stands at 38 per cent of the company’s revenue.
This, according to the GACL, has serious implications for the generation of surplus revenue to fund the numerous projects of the company.
Board Chairman of the Company, Mr George Kuntu Blankson, speaking at a press conference in Accra, said despite the financial challenges, the company is committed to giving its staff adequate training in areas that would support the company’s business strategy.
He said the press conference was held to throw light on management’s position over recent staff agitation for upward adjustment in wages and salaries.
Mr Blankson said the workers had asked for a 25 per cent salary adjustment but management had tabled a five per cent adjustment because of the financial state of the company. He indicated that the company needs the money to expand facilities at the Kotoka International Airport (KIA) to accommodate the influx of more and new airlines.
He said management is disappointed that workers hoisted red flags last week in protest without taking into consideration the future plans of the company.
According to Mr Blankson, after the break-up of the Civil Aviation Authority into the Ghana Civil Aviation Authority and the Ghana Airports Company Limited, the company has been facing financial challenges as it took over staff of about 645 coupled with the fact that it has become liable for the payment of accrued staff benefits and the payment of some GH¢1,386,305.20 as long service awards to 174 staff members.
Meanwhile, the company, as part of its future plans, is expected to re-model the entire terminal building of the KIA to ease traffic as this will provide seven aerobridges to facilitate boarding of passengers.
Other projects to be undertaken include the upgrading and expansion of the domestic terminal for international operation, refurbishment of washroom facilities at the KIA and the construction of an airport business centre.
By Eunice Menka
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Ghana Airports Company says increase of staff salary threatens future expansion