OECS countries could be initial owners of new regional airline

 St. Vincent and the Grenadines (SVG) Prime Minister Ralph Gonsalves Tuesday said he had received a document from the Barbados-based Caribbean Development Bank (CDB) outlining a proposal for the financing and operation of a regional airline.

“I have studied very carefully the up-to-date document which I received from the President of the Caribbean Development Bank (Dr. Hyginus “Gene” Leon) concerning the re-establishment of a regional airline and the process by which we will do this,” Gonsalves told a news conference, saying that he would not talk about all the details contained in the document.

However, he told reporters that the initial owners of the airline could be the governments of the Organisation of Eastern Caribbean States (OECS) “but we would have to engage the Caribbean Development Bank on this exercise too.


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St. Vincent and the Grenadines