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New airline can fly as Guyana Airways Corporation – Court rules
A local court has ruled that a start-up airline can use the name – Guyana Airways Corporation.
That name used to be the one that the state-owned entity was operating under until it went bankrupt in 2001.
Earlier this year, Colin Abrams, the Chairman and Chief Pilot, attempted to start up Guyana Airways Corporation Inc., but the process was stymied after the Deeds Registry struck off the name.
Captain Colin Abrams
Abrams, through his lawyer, Senior Counsel Bernard de Santos, took the matter to the High Court.
Justice Fidela Corbin reportedly ruled that the Registrar of Companies did not follow procedures in refusing to register the new company.
Today, the principals are set to host a press briefing at 13:00 hrs at the entity’s Head Office, Barrack & High Streets, Kingston.
The company yesterday said that they will provide details of the proceedings.
It was disclosed that the company successfully defended its right to use the name following the conclusion of the matter.
Abrams in August accused the Government of acting illegally.
“The Government had the legal right to object within the six-month time period after we received our corporate registration and failed to do their due diligence. Fast forward two years, they illegally and lawlessly unregistered my company just like that without prior notification,” Abrams reported same in his Facebook post.
GAC was registered in 2016. It was struck off the business registers in July.
The company said it has already set up offices.
Abrams had said that the name Guyana Airways Corporation Inc. was chosen because it was available, with no national airline in Guyana for 18 years.
Abrams had claimed that the venture was financed by him and partners.
More than 80 flight attendants, pilots and more than 100 local staffers were in the process of being hired when the deregistration happened.
The company was planning to start operations with two 737 aircraft.
Guyana Airways was started in 1939 as British Guiana Airways (BGA) using Ireland flying boats. Although it was a private venture, the colonial government provided subsidies.
In July 1955, the colonial government bought BGA. At this time, BWIA provided management assistance. The name was later shortened to Guyana Airways.
The airline was headquartered in Georgetown, Guyana. After the airline went bankrupt in 2001, its successor, Guyana Air 2000, maintained a short-lived operation until 2003 when it also filed for insolvency.
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