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Jet purchase on the back burner, for now


JET BUY HALTED: Mariano Browne

In the midst of rising food prices, construction costs and other financial challenges facing the country, efforts by the State-owned Caribbean Airlines Ltd to acquire a private jet for a long range executive service have been brought to a halt for the moment, Minister in the Ministry of Finance, Mariano Browne, said yesterday.

"We haven't brought it back on the front burner and there are a lot of other things going on as we speak," Browne told the Express yesterday.

CAL had sought and received Government's approval for US$54 million in State funds towards its initial and failed attempt to purchase a Global XRS private jet from the Bombardier group.

The jet had an actual purchase price of US$63 million and the airline's chairman, Arthur Lok Jack, said the US$54 million would be returned to the State.

Both Prime Minister Patrick Manning and Lok Jack said the private jet proposal was the airline's idea.

The Opposition and many taxpayers, however, described it as a bad idea and a potential misappropriation of State funds, at a time when many citizens faced a rising cost of living.

In revealing CAL's private jet acquisition had been postponed yesterday, however, Browne said this did not mean that CAL will never have a private jet in its fleet.

"I would say it's postponed, not indefinitely. It's been postponed," he said.

CAL seemed set to sign the private jet purchase agreement with Bombardier in March, but the deal suddenly crash landed and the Government said it was because the aircraft manufacturer had refused to sign an anti-corruption clause.

When the deal fell through, CAL said it would look at other options for the acquisition of a private jet and a Government source had said these would most likely involve lease arrangements as opposed to a purchase agreement.


 Comments: Jet purchase on the back burner, for now
Jet Put on the the Back Burner - FOR NOW Posted: 2008-05-13 00:58:00 AM
Mr. Brown, as citizens of T.T. we would like all the luxuries money can buy. However, we have learned, or at least most of us, that we have the money first and then we go out and buy things according to the priorities we have decided upon. We would like this to also be the PRACTICE of the Government of T.T. You want a Private Jet for the Prime Minister - No problem. However, before this purchase comes back on the MUST BUY list for any of our governments, we would like to see poverty brought under control and all our basic necessities - health care, food, education, public transportation, shelter, etc. are brought up to acceptable standards, not on par with FIRST WORLD standards, but very close. Once this is in place, we can sit down, and start our discussions on the acquisition of a Private Jet for the Prime Minister. So please do attend to priorities first. Good governance is an admirable thing. Citizen with honour.
"How to influence friends" by Mr Lok jack Posted: 2008-05-13 02:25:00 AM
Why is it I just don't believe them: Both Manning and Lok Jack said the private jet proposal was the airline's idea. If it were so, why would Mr Mariano Browne insist that the purchase is on the back burner for now? Surely, Mr Lok Jack did quite a job on Patrick.
MISPLACED PRIORITIES Posted: 2008-05-13 03:36:00 AM
This PNM Govt. is hell-bent on placing priority on such an unnecessary luxury item, an executive jet. HEALTH, EDUCATION, SECURITY and FOOD issues seem not to affect this Govt. who have cast blind eyes on T&T's more immediate needs. I hope the citizens who voted for this Govt. will open their eyes and awake from their drunken slumber.
back burner, you mean off the stove Posted: 2008-05-13 09:09:00 AM
Buying a jet should not be placed on the back burner, it should be taken off the stove completely until T&T's infrastructure, crime escalation and public social needs are under control. SeeDeSea
Jet Purchase Posted: 2008-05-13 09:20:00 AM
Caribbean Airlines should return the monies that were advanced to them and Bombadier IMMIDEATELY AND WITH INTEREST!

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