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.