RedJET benefiting from hidden fuel subsidy?

Who are RedJET’s shareholders & investors?

By “Jay Jay”

LIAT  is struggling to survive against Trinidad-based Caribbean Airlines which is getting the, possibly illegal, benefit of subsidized jet fuel.

Now, LIAT is getting competition from RedJet. Nobody appears to know who are the investors in this company are, but there are strong rumours that a major shareholder in the airline is also a major shareholder in one of the islands biggest suppliers of fuel, also supplied at cost price. Who could that be, and is that legal?

We are all shareholders in LIAT. Our ministers need to look in to this situation.

7 Comments

Filed under Aviation, Barbados

7 responses to “RedJET benefiting from hidden fuel subsidy?

  1. rasta man

    Wonder who that could be ????

  2. Peltdownman

    If it’s who I think it is, he should take note of the expression Önce bitten, twice shy”, as he was also an investor in Carib Express.

  3. Marvin Bareback

    what a load of crock….why do does BFP think a private sector “subsidy” is any worse than a public sector one…..?? LIAT has been sucking on tax dollars and burning through taxpayers cash more than almost any enterprise in Caribbean history…it has a disproportionate amount of workers per virtually any airline standard you care to measure and that adds up to a total waste of money. Not to mention that a lot of these employees who were just given jobs by their political connections end up with pensions and perks straight from government coffers. It’s about time that LIAT had some competition that forced them to run the airline like it was a business that had a bottom line not a bottomless pit of bailout funds.

  4. watcher

    Liat need to become competitive or leave. They have old inefficient planes, poor customer service, and without red jet they would continute to be old and non competitive. Leading at the edge…Make dust or eat dust. They have a choice to make.

  5. Ooops

    But how could Barbados be blatantly protecting LIAT for St. Lucia when we just went through the whole Trini Jamaica CAL foolishness. are we hypocrites or what? No wonder Hutson and the Min of Intl Transport was so QUIET when Trini and Jamaica were stalling on RedJet.

  6. Dear Friends,

    I have just read and signed the online petition:

    “Plea for Barbados to Respect Caribbean Flight”

    hosted on the web by PetitionOnline.com, the free online petition
    service, at:

    http://www.PetitionOnline.com/redjet2/

    I personally agree with what this petition says, and I think you might
    agree, too. If you can spare a moment, please take a look, and consider
    signing yourself.

    Best wishes,

    Ian Bourne

  7. anonymous169

    No Bourne this citizen will not be signing your idiotic petition methinks you or the Redjet people behind the petition it could too be the work of one of Barbados’ alleged Caricom neighbours. With friends like them no need for enemies.

    You want me to suggest to you where you can shove the petiition paper Bournie.