'No decision made on' Bahamasair restructure

Mon, Jan 3rd 2011, 10:00 PM

By ALISON LOWE

Business Reporter

alowe@tribunemedia.net

The Government has "not made a decision yet on the way forward" as it relates to Bahamasair, Minister of Public Works, who has responsibility for the national carrier, told Tribune Business.

Neko Grant was responding to this newspaper's inquiries as to whether the Government had reached a position on the restructuring of the airline, which its executives touted earlier this year as key to its viability going forward.

Top Bahamasair officials began putting together a restructuring plan for the airline in 2009, which its chairman suggested in May could result in subsidies to the airline being "very substantially reduced ...

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