Competition between REDjet and LIAT good for the region, says Barbados PM

Stuart

Any competition between REDjet and LIAT should be seen as good for business and part and parcel of the right to freedom of movement as enshrined in the Treaty of Chaguaramas.

Prime Minister Freundel Stuart emphasised this point as he spoke with a section of the media at the conclusion of the 32nd regular meeting of the Heads of Government of the Caribbean Community (CARICOM) in St Kitts and Nevis.

In relation to the ongoing issue of regional transportation and competition between REDjet and LIAT, Stuart maintained that the presence of a new airline in the market did not “mean any overnight diminution of LIAT’s patronage”.

He added, “LIAT does about 1,000 flights a week across the region to over 20 countries and that is going to continue. Barbados is the largest shareholder in LIAT and, therefore, would have no vested interested in seeing LIAT’s interest undermined. And, of course, LIAT has seen many airlines come and go and has remained fixed as the northern star. So, yes there would be some competition… People build up very strong relationships, very strong allegiances, and no matter who comes and what they are offering people go with whom they feel comfortable with.”

However, the prime minister disclosed that further discussion on the matter would continue among leaders who have an interest in LIAT. He stressed “the important thing… is that there is a freedom of the skies regime in CARICOM and it should be respected. People should be given the right to succeed or fail, and that is what we are doing”.

The next regular meeting of the heads of government of CARICOM will take place in St Lucia in July 2012. They will convene an inter-sessional caucus four months prior in Suriname.

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5 Comments

  1. Homeboy
    July 6, 2011

    Barbados the largest shareholder in LIAT and now Red jet od course they want to see them both succeed! Now had it been another country in the region which was introducing this new airline I am sure his take would have been different on the issue.

    I am all for competition but the leaders of the “other more developed” islands are only in favor of advancement when only their interests are served…

  2. CC
    July 6, 2011

    Does anyone know if Redjet will be flying to DA?

    • Cerberus
      July 6, 2011

      No, they operate a 150 seat jet and we simply do not have the load factors they need at present.

  3. steve
    July 6, 2011

    blackmore land red jet///////

    • NEG-B
      July 6, 2011

      And your point is?

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