REDjet jam

GROUNDED?BARBADIAN-BASED airline REDjet owes well in excess of $2 million in landing and other fees to the airports of Barbados, Guyana, Jamaica, and Trinidad and Tobago, but under a new company plan, just released to creditors, the airports will only get back $580 000 collectively.
Grantley Adams International Airport Inc. is owed $1 557 986.14, Cheddi Jagan International, $234 408.62; Norman Manley International Airport (NMIA) Limited, $222 243.52; and the Airports Authority of Trinidad and Tobago, $305 195.92.
However, REDjet is only proposing to repay them and other creditors, including passengers who are owed in excess of $250, a maximum of 25 cents in every dollar of debt.
The SUNDAY?SUN?has obtained a copy of the detailed proposal, prepared on behalf of Airone Ventures Limited and signed by director of business development Robbie Burns. It includes a full list of creditors, including the Guyana Civil Aviation Authority ($76 976); the Antigua and Barbuda Airport Authority ($16 007.92); the Jamaica Civil Aviation Authority ($15 192); and the Eastern Caribbean Civil Aviation Authority ($1 542.22). (KJ/CA)