Business

Antigua's PM pleased with LIAT pilots' salary cuts

Antigua and Barbuda Prime Minister Gaston Browne has welcomed the decision by pilots and staff of the cash-strapped regional airline, LIAT, to take a cut in salaries and wages, saying he is now confident that the much-needed restructuring of the company can proceed.

CAL to start direct flights between Jamaica and Barbados

Caribbean Airlines has announced the proposed start of non-stop service between Kingston, Jamaica and Barbados from April 15, 2019 subject to government approval.

In a statement issued on Tuesday, the airline said that business, leisure and other travellers can fly non-stop every Monday and Friday between the two destinations.

“The launch of this twice-weekly non-stop service between Kingston and Barbados, subject to Government approval, is in direct response to feedback from our valued customers," Caribbean Airlines Chief Executive Officer, Garvin Medera said.

Tobago anxious about PM’s plan to fix economy

Prime Min­is­ter Dr Kei­th Row­ley’s lat­est state­ments on his Gov­ern­ment’s steps to mend To­ba­go’s econ­o­my are caus­ing anx­i­ety among many stake­hold­ers on the is­land. How­ev­er, while they re­joiced at some of Gov­ern­ment’s plans yes­ter­day, they said the ma­jor­i­ty of the mea­sures do not ad­dress the sit­u­a­tion in the short term.

Over the last cou­ple of years, the is­land’s econ­o­my has faced chal­lenges, with the seabridge woes deep­en­ing the prob­lems.

PowerGen denies sale of Wrightson Road plant to Ansa McAl

The management of the Power Gen is denying reports that the company's Wrightson Road property will be sold to a business conglomerate.

In a statement issued Monday, PowerGen's management said it had been made aware of false information being shared on various social media platforms which states that PowerGen’s property at Wrightson Road, Port of Spain has been sold to ANSA McAL.

PowerGen said that its Port of Spain property is still vested in the company and that there are no discussions or arrangements at this time for the sale of same to any entity.

NGC to open state-of-the-art CNG station in Couva

A state-of-the-art CNG and multi-fuel service station is being constructed on the western side of the Preysal Interchange in Couva.

NGC CNG, with parent company The National Gas Company (NGC), in partnership with the National Petroleum Marketing Company Limited (NPMC) will be constructing the facility, which will cater to the thousands of residents of the area and conveniently service commuters along the Sir Solomon Hochoy Highway.

The fueling station represents Phase 1 of development work at the site, with a planned Phase 2 after the station is completed.

LIAT could drop T&T route if funding not given

Prime of St Vincent and the Grenadines, Dr Ralph Gonzalves has hinted that the Leeward Islands Air Transport (LIAT) could drop Trinidad and Tobago from its schedule of routes, as the airline seeks to restructure amid financial burdens.

Dr Gonzalves, who is also the CARICOM Lead among Heads of Government for Transport (Maritime and Aviation), made the comment during an interview with WE FM in St Vincent and the Grenadines.

LIAT is seeking an injection of US$5.4 million to help keep the airline in the sky and the matter has been taken to CARICOM for assistance.

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