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A very good deal could be negotiated if the benefits are clearly understood

Jan 27, 2020 Letters

DEAR EDITOR,
In the media, there has been an expression of interest by some officials in exploring and pursuing the reestablishment of a national airline. As attractive as such a goal may appear to be, we must keep in mind that the country has higher priorities to pursue that will generate a better return on investment while creating a higher number of jobs. In addition, the airline industry can be a money pit where it is very difficult to make a profit as seen when one takes the time to review existing and past players within the airline industry. An alternative approach would be to co-brand with an existing and reliable provider of airline services to the region. This will de-risk the country’s exposure and eliminate the need to take the assets onto our books while meeting the goals of establishing the presence of a national carrier. A very good deal could be negotiated if the benefits are clearly understood.
Best regards,
Mr. Jamil Changlee
Chairman
The Cooperative Republicans of Guyana (CRG)

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