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“If enough airport employees apply for the VSP, layoffs at the airport may not be necessary,” Turner added. “Currently, the airport has 122 employees, the goal is to reduce the number of airport employees down to approximately 86 employees.”
The city began offered the VSP Wednesday morning. Employees have until 5 p.m. April 30 to decide whether to accept it.
Employees electing to separate will receive a lump sum payment equal to 25 percent of the first $70,000 of their base salary and an additional 5 percent of the portion of their salary that exceeds $70,000, according to city documents Turner shared with the Dayton Daily News.
Further, those participating will not be eligible to apply for any city job or sit for any examination for any city job for three years.
The aviation industry has been shattered by the COVID-19 crisis.
“Experts estimate it could take as long as 30 months to fully recover just to 2019 levels,” Turner said. “Taking actions now to reduce expenses will ensure the Dayton Airport can remain financially stable for future recovery and growth.”
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