Latrobe Valley Express 1 June 2020

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21 GEORGE STREET, MORWELL 3840

TELEPHONE 0351354444

MONDAY, 1 JUNE, 2020

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www.latrobevalleyexpress.com.au

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Finally .. Finally . “It’s .. dine-i n time�

FULL STORY - PAGE 5

GROUNDED

LATROBE Valley aircraft manufacturer GippsAero has confirmed it will cut a quarter of its staff by June 5 due to the impacts of COVID-19 on the aviation sector. GippsAero - a subsidiary of Mahindra Aerospace - employs 88 people at its base, located at Latrobe Regional Airport. The company issued a statement on Friday morning that COVID-19 was significantly impacting the aviation sector.

“With reduced demand and increased uncertainty in the short to mid-term, GippsAero plans to scale down its workforce by 25 per cent,� the statement said. “The duration of the crisis and the degree to which demand recovers versus pre-crisis levels is still yet unclear. “General aviation operators have been hit hard by the crisis, and it has brought many operations to a halt.� The Express understands that the company is up for sale and has already offered rounds of voluntary redundancies.

Member for Morwell Russell Northe said the news was “incredibly disappointing� for employees and their families. Mr Northe said this was not the first time the company had been subject to market fluctuations which meant it has had to adjust its staffing arrangements in the past. “Obviously, the aviation market has been smashed by COVID-19, to know it has impacted our local aviation manufacturer is really sad for all associated with the company,� Mr Northe said.

“I hope this a small bump for the company and hopefully when the crisis ends the aviation market will grow and allow the company to get back to normal staffing levels.� Gippsland Aeronautics was founded in 1977 before Indian automotive giant Mahindra Aerospace Company bought a majority stake in late 2009. GippsAero manufactures the utility aircraft models, the Airvan 10 and Airvan 8.

TRAFALGAR WOMAN WINS $800,000 IN LOTTO DRAW - PAGE 5

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