(Barbados Nation) Grounded Barbadian-based airline REDjet owes well in excess of Bds$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 Bds$580 000 collectively.
Grantley Adams International Airport Inc. is owed Bds$1 557 986.14, Cheddi Jagan International, Bds$234 408.62; Norman Manley International Airport (NMIA) Limited, Bds$222 243.52; and the Airports Authority of Trinidad and Tobago, Bds$305 195.92.
However, REDjet is only proposing to repay them and other creditors, including passengers who are owed in excess of Bds$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 (Bds$76 976); the Antigua and Barbuda Airport Authority (Bds$16 007.92); the Jamaica Civil Aviation Authority (Bds$15 192); and the Eastern Caribbean Civil Aviation Authority (Bds$1 542.22).
