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Monday, July 17, 2006
The Government of Trinidad and Tobago is considering withdrawing its support of the BWIA and having the cash strapped air carrier run as a private sector entity. Government had stated earlier that it had intended to restructure the airline and a committee headed by businessman Arthur Lok Jack was to submit a report on how this was to be done. Public Administration Minister Dr Lenny Saith had said that Government was committed to making BWIA a priority and that Peter Davies, BWIA's chief executive officer, would assume responsibilty of implementing the new business plan. In his national budget presentation last year Prime Minister Patrick Manning had said that BWIA would be restructured and millions of dollars would be pumped through Government taking an equity stake.What is clear is that the future of BWIA is still uncertain.
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