Subsidy for Caribbean Star unfair - Duprey

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Subsidy for Caribbean Star unfair - Duprey
T'dad Guardian 12.17.02

Any State subsidy given to Antigua-based Caribbean Star Airlines would be
unfair to Trinidad and Tobago said BWIA chairman Lawrence Duprey yesterday.
Last Thursday, the Guardian exclusively reported Caribbean Star wants a
State subsidy for the reduced $200 fare on the Tobago airbridge scheduled
to take effect on New Year's Day. Paul Moreira, Caribbean Star CEO said it
would only be fair for all the airlines servicing the Tobago airbridge to
receive subsidies. "I don't think that's fair. That's exporting capital,"
said Duprey when asked about Caribbean Star's claims. He was interviewed at
the Hilton Trinidad after a Methanol Holdings Trinidad Limited ceremony.
Government has said BWIA and Tobago Express, in which BWIA owns shares,
will receive a $6 million annual subsidy for the reduced airfare. Caribbean
Star, which began servicing the airbridge in October, and Liat are not
receiving any state subsidy. A Memorandum of Understanding, stipulating the
details of any subsidies to provided by the State for the reduced airfare,
is yet to be finalised said airline officials last week. The Government has
made no announcement on whether it intends to change its present position
and offer subsidies to Caribbean Star or Liat.

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