Statement to Parliament Air Jamaica Divestment Project Tuesday, May 4, 2010

OPENING REMARKS This government has, since 2007, embarked on a divestment project for Air Jamaica. Our goals were threefold:
The first was influenced by our recognition of the critical role that Air Jamaica played in the Jamaican economy, particularly in respect of the country’s tourism industry. This means that the first goal of the Air Jamaica Divestment Project was to ensure that Air Jamaica’s airlift from/to the country would be secured in a sustainable manner. Our second goal grew out of an equally pressing acknowledgment – that is, that Air Jamaica represented an unbearable cash

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