Airlift's 'grim outlook' via 14.6 revenue fall

Wed, Sep 8th 2010, 11:00 PM

By NEIL HARTNELL

Tribune Business Editor

The Bahamas has been urged to postpone planned 2011 fee increases at Lynden Pindling International Airport (LPIA), the major body representing the global airline industry warning this could threaten Nassau's "economic viability", especially given the "grim outlook" that saw ticket revenues from Bahamas-bound flights fall by 14.6 per cent during the first five months of 2010.

An August 11, 2010, letter sent to the Nassau Airport Development Company (NAD) and Vincent Vanderpool-Wallace, minister of tourism and aviation, by the International Air Transport Association's (IATA) Miami-based representative, warned that the proposed L ...

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