Latest update March 17th, 2025 4:16 AM
Mar 11, 2018 News
Ogle Airport Inc (OAI), the company that manages the Eugene F. Correia International Airport, is being accused of further misconduct. Investors are peeved at the fact that OAI spent airport revenues to construct facilities for the benefit of the Correia Group of Companies.
OAI is a shareholding company with the majority of shares being held by the Correia Group of Companies.
Several matters have been highlighted showing how OAI acted against the best interest of the airport for the benefit of the Correia family.
Recently, OAI penned a letter to the editor of this newspaper saying that some of that which was highlighted is unfounded and cannot be proven.
The matter most recently highlighted by aviation operators using the Eugene F. Correia International Airport is that OAI spent $9M of investors’ money on a car park that is now being used by the Correia group of companies.
This newspaper has seen the minutes of an OAI Board meeting held during October 2015.
The minutes reflected that while speaking about Capital projects for development, OAI Chief Executive Officer (CEO) Anthony Mekdeci, stated that the company was expending $9M on a car park.
Mekdeci said that the car park will eventually house the police outpost proposed by the airport for improved security.
The car park was constructed and completed in time for it to be used by Trans Guyana Airways, which is one of the Correia companies, for the commissioning of their Beechcraft.
The facility is now being used exclusively by the Correias and persons attached to the group of companies. There is now a bridge from the car park leading to Trans Guyana hanger. Further, a sign has been erected which states Correia Group of Companies Staff Park.
This is despite the fact that an OAI Development Plan seen by this newspaper has the names of the owners of lands clearly identified. The land now being used as Correia car park is listed as owned by the airport.
Further, at the said October 2015 meeting, Mekdeci announced that OAI was spending $7M on a light aircraft parking.
Most recently, this facility was claimed by Caribbean Aviation Maintenance Services (CAMS) when Captain Emil Jahan tried to put up his shed for temporary hangar.
Captain Emil Jahan is a small operator who had long approached OAI for a 100 ft by 100 ft land.
After being pushed around for some time, OAI very recently told him he can erect a temporary shed by the parking ramp.
Funny enough, just as he was measuring, CAMS officials stopped him saying that that is their facility.
Mar 17, 2025
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