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Airlines dispute threatened ‘huge’ $43m consequences
from 03232023 BUSINESS
by tribune242
meeting in mid-April in a bid to address the US Department of Transportation’s “serious concerns” that The Bahamas’ fees are excessive when compared to the actual expenses this nation incurs for providing air navigation services.
It has already suggested these costs may breach the countries’ Air Transport Agreement. Detailing how The Bahamas’ arrived at this point, the deputy prime minister said the global aviation industry began to pressure this nation over the level of fees just over one year after the structure was implemented in May 2021. This followed a period of consultation with the airlines and sufficient notice being given of their imposition.
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Mr Cooper revealed that The Bahamas is forecast to generate $42.93m from its air space fees during the 20222023 fiscal year, although