Home Businessuite News24 Yes The Government Has Drastically Reduced Its Subsidy To Caribbean Airlines – Imbert
Yes The Government Has Drastically Reduced Its Subsidy To Caribbean Airlines – Imbert

Yes The Government Has Drastically Reduced Its Subsidy To Caribbean Airlines – Imbert

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Trinidad and Tobago Finance Minister Colm Imbert has disclosed that the Government has drastically reduced its subsidy to Caribbean Airlines (CAL) by hundreds of millions of dollars, indicating that Government subsidy to CAL in 2016 was TT$28.9 million, compared to the over TT$3 billion in subsidies the former People’s Partnership government provided to CAL during its five years in office.
The amount budgeted for 2017 was TT$41.6 million. BM