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Guyana Explores Airline Launch

by Amanda Banks, Tax-News.com, London

16 September 2010


The government of Guyana has asserted that it has the necessary skills and capabilities, should they be needed, for it to manage an airline service, although it has said it would rather the proposed venture be taken up by the private sector.

In comments to the National Communications Network, the country's Minister for Tourism, Industry and Commerce, Manniram Prashad, said that it was the government’s intention to push for the launch of an airline similar in nature to the former government-run Guyana Airways Corporation.

According to Prashad, interest has already been received from a Greek company, representatives for which have discussed the matter with the Prime Minister, Bharrat Jagdeo. Should the Greek company be successful, it is anticipated that it would establish operations from the country, and create a flight route from North America via Caribbean. Serious discussions are ongoing between the government and the Guyana Civil Aviation Authority, Prashad confirmed.

In addition, Prashad disclosed that another airline, Jet Blue, is exploring the possibility of setting up business in the country to pursue the opportunity of providing direct flights from New York, St. Lucia and Barbados. In addition to the latter two of these islands, the airline already operates to and from Jamaica.

Other interested parties, Prashad said, include the Dutch Antillean Airlines (ALM), and Suriname Airways, who are discussing providing flights through Guyana.

Concluding, Prashad noted the successful conclusion of talks between Prime Minister Jagdeo and the Venezuelan government. An agreement between the two territories will secure Guyana lower cost aviation fuel. This, Prashad said, will result in a significant reduction in airfares since fuel makes up a major portion of the air travel cost.

TAGS: aviation

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