Since being handed an indefinite suspension on Friday, Zest Air claimed Sunday, August 18, it has been losing P70 million a day in revenues.
Aside from stalled operations, Zest Air Director Josephine Joy Caneba told DZBB refunds and flight transfers for passengers are contributing to the losses.
“Of course, our passengers are our main concern that is why we immediately undertook measures to minimize their inconvenience,” Caneba said. “We had to book them on other airlines and make arrangements for special chartered flights just to make sure they reach their destination. Our ground staff and personnel are on the job 24/7 to make sure all concerns are met.”
Zest Air has been offering full refunds or flight transfers for over 7,000 passengers daily since the Civil Aviation Authority of the Philippines (CAAP) suspended the airline on Friday over safety concerns.
CAPP said Zest Air violated, among others, the rule requiring airlines to have an “accountable manager” who will ensure that operations are financed and at par with safety standards.