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  • LIAT hoping to return to Guyana but Gov’t wants ‘assurances’ of good service

LIAT hoping to return to Guyana but Gov’t wants ‘assurances’ of good service

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Regional airline LIAT, which has been beset by financial challenges forcing the shutdown of its operations, is seeking to return to Guyana and fly Guyanese passengers once again but the government first wants certain assurances that quality service will be provided this time.

With the COVID-19 pandemic forcing airports to shut last year as part of efforts to control the spread of the novel coronavirus, financially-challenged LIAT was forced to cease operations. Before the pandemic, the company was already suffering losses.

When those operations ceased last year, however, many local passengers and entities were owed sums of money. It was reported that entities were owed some $80 million; numerous passengers who paid for flights they never received have not been refunded.

Minister of Public Works Juan Edghill, on Friday night, told reporters that the regional airline has applied to return to Guyana. The application process has been ongoing for some months now after LIAT recommenced commercial flights in November last year.

Edghill, however, noted that the airline will not receive the necessary aviation approval until the government is assured of the company’s steadfastness. When pressed on the requirements for permission, the Public Works Minister answered, “It has to do with the assurances that we can have.”

“… passengers don’t want to be buying tickets and be left with a stub in their hand and no carrier to bring them back or take them in,” Edghill stated.

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He also noted that the government was not withholding permission in favour of interCaribbean airlines, another regional carrier that has just entered the Guyanese market. In fact, he stated that there is no “exclusivity” for anyone.

Meanwhile, Saheed Sulaman, the Director of Air Transport Management at the Guyana Civil Aviation Authority (GCAA) said the “ball is in LIAT’s court” with respect to the company gaining approval to recommence operations in Guyana.

“They need to submit their business case to the GCAA to show that they have the financial resources to show that they can provide their services efficiently and legally,” Sulaman stated.

When asked if LIAT’s return would be influenced by the company’s ability to refund passengers and repay its debt to local entities, Sulaman only said that such a decision would have to be taken by the government.

He, however, noted that entities and passengers have not been refunded as yet.

LIAT, as explained by Sulaman, is currently under administration; this means it is given protection from creditors who may be threatening legal action to recover outstanding debts.

Nevertheless, he said that passengers who are yet to be refunded have been encouraged to file their complaints with the local Consumer and Competition Affairs Committee. And, Sulaman noted that several passengers have already done so.

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One response to “LIAT hoping to return to Guyana but Gov’t wants ‘assurances’ of good service”

  1. LIAT is still an awful, expensive & unapologetic Jet Service that stings at the pockets of the average Caribbean customers, if they have any left. They can still be dubbed LEAVE ISLAND ANY TIME & a few more acronyms for the type of shoddy service & satisfaction that they provide.

REQUEST FOR EXPRESSIONS OF INTEREST

(CONSULTING SERVICES – INDIVIDUAL SELECTION)

 

OECS MSME Guarantee Facility Project

Loan No.: IDA-62670, IDA-62660, IDA-62640, IBRD-88830, IDA-62650

Assignment Title: Senior Operating Officer (SOO)

Reference No. KN-ECPCGC-207852-CS-INDV

 

The Governments of Antigua and Barbuda, Commonwealth of Dominica, Grenada, St. Lucia and St. Vincent and the Grenadines have received financing in the amount of US$10 million equivalent from the World Bank towards the cost of establishing a partial credit guarantee scheme, and they intend to apply part of the proceeds to payments for goods, and consulting services to be procured under this project. 

The consultant will serve as the “Senior Operating Officer (SOO)” for the ECPCGC and should possess extensive knowledge of MSME lending with some direct experience lending to Micro, small and medium-sized businesses, knowledge of the internal control processes necessary for a lending operation and the ability to design and implement risk mitigation procedures. The ideal candidate should possess an Undergraduate Degree from a reputable college or university, preferably in Business, Accounting, Banking or related field, with a minimum of 5 years’ experience in lending, inclusive of MSME lending. The initial employment period will be for two years on a contractual basis. Renewal of the contract will be subject to a performance evaluation at the end of the contractual period. The assignment is expected to begin on September 30th, 2021.  The consultant will report directly to the Chief Executive Officer of the ECPCGC.

The detailed Terms of Reference (TOR) for the assignment can be viewed by following the attached link below. 

 

https://bit.ly/3iVannm

 

The Eastern Caribbean Partial Credit Guarantee Corporation (ECPCGC) now invites eligible “Consultants” to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have:

  • An Undergraduate Degree from a reputable college or university, preferably in Business, Finance, Banking or related field; and
  • Minimum of 5 years’ experience in MSME lending. Applicants should also have:
  • The ability to design and implement risk management procedures 
  • Extensive knowledge of MSME lending with some direct experience lending to small and medium-sized businesses
  • Extensive knowledge of MSME banking operations
  • Knowledge of the internal controls necessary for a lending operation and the ability to design and implement risk management procedures
  • Experience developing and presenting information in public, including responding to questions in real-time
  • Experience lending to MSMEs located in the ECCU
  • Knowledge of marketing and communicating with the MSME sector
  • Ability to draft procedures to be used in a lending operation
  • Familiarity with the mechanics of a loan guarantee program
  • Exceptional written, oral, interpersonal, and presentation skills, and
  • Proficiency in the use of Microsoft Office suite.

The attention of interested Individual Consultants is drawn to Section III, Paragraphs 3.14, 3.16, and 3.17 of the World Bank’s Procurement Regulations for IPF Borrowers July 2016, [revised November 2017] (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest. A Consultant will be selected in accordance with the Approved Selection Method for Individual Consultants set out in the clause 7.34 of the World Bank Procurement Regulations for IPF Borrowers. 

 

Further information can be obtained at the address below during office hours 0800 to 1700 hours:

Eastern Caribbean Partial Credit Guarantee Corporation

Brid Rock, Basseterre,

St. Kitts.

Expressions of interest must be delivered in a written form by e-mail by August 11th, 2021, to [email protected]

 

For further information, please contact:

Carmen Gomez-Trigg                                                            Bernard Thomas

Chief Executive Officer                                                          Chief Financial Officer

Tel: 868-620-8144                                                                  Tel: 869-765-2385

Email: [email protected]                                          [email protected]