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New look at CAL’s operations
Published:
Friday, September 28, 2012
The T&T Government is looking at restructuring Caribbean Airlines (CAL). There could be major changes to its management and operational capacity as well as its routes and in the Air Jamaica arrangement. So said Trade Minister Vasant Bharath at yesterday’s post-Cabinet news conference at the Prime Minister’s St Clair office. He added: ”Caribbean Airlines has had its troubles. So yes, CAL is being restructured. Its routes and profitability are being looked at and the integration process with Air Jamaica is being looked at also.” Bharath said Government had received recently new 767 planes and one ATR aircraft and another was due next month. Government had cancelled four of the nine proposed ATRS. He said Cabinet also had resolved issues pertaining to the Air Jamaica arrangement in which CAL aircraft could use distinctive Air Jamaica logos.
Another issue also concerns the fuel subsidy for CAL which Bharath said was a quarter billion dollars. He said the London route‘s two direct flights have accommodated 75 to 85 per cent loads and the two flights had been supplemented by a third since British Airways had withdrawn one of its flights to T&T. Bharath said Government would be looking at all the CAL issues “very intensely” after the 2013 budget was presented. He also said Government had approved measures to reduce the 43-day timeframe it took to set up a business in T&T. It was now about three, he added.
Noting T&T’s low rating on the global scale for setting up a business, Bharath said local bureaucracy had created a mire which made for lengthy delays. In revamping the structure and shortening the timeframe, he said businesses would now be able to get registration pending the necessary background checks by the NIS and BIR. These would be done after businesses were registered, he said. The NIS and BIR checks previously took 30 days each to be done. Government also has removed the request for the publication of defunct companies by the Gazette and shifted it to the local media.
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