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[Barbados] REDjet jam

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Wiki: http://en.wikipedia.org/wiki/Airone_Caribbean
Web Site: http://www.flyredjet.com/
Started out in 2010 as Project named Air One
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[Barbados] REDjet jam

Unread post by bimjim » Sun Sep 09, 2012


[Barbados] REDjet jam

GROUNDED BARBADIAN-BASED airline REDjet owes well in excess of $2 million in landing and other fees to the airports of Barbados, Guyana, Jamaica, and Trinidad and Tobago, but under a new company plan, just released to creditors, the airports will only get back $580 000 collectively.

Grantley Adams International Airport Inc. is owed $1 557 986.14, Cheddi Jagan International, $234 408.62; Norman Manley International Airport (NMIA) Limited, $222 243.52; and the Airports Authority of Trinidad and Tobago, $305 195.92.

However, REDjet is only proposing to repay them and other creditors, including passengers who are owed in excess of $250, a maximum of 25 cents in every dollar of debt.

The SUNDAY SUN has obtained a copy of the detailed proposal, prepared on behalf of Airone Ventures Limited and signed by director of business development Robbie Burns. It includes a full list of creditors, including the Guyana Civil Aviation Authority ($76 976); the Antigua and Barbuda Airport Authority ($16 007.92); the Jamaica Civil Aviation Authority ($15 192); and the Eastern Caribbean Civil Aviation Authority ($1 542.22).

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