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No recovery in sight for Fly Jamaica

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Despite repeated attempts at recovery, regional carrier Fly Jamaica remains wingless and seems destined for permanent closure.

The airline suspended operations and made all employee positions redundant due to the lack of aircraft on March 31, 2019. Fly Jamaica is a Jamaican airline headquartered in Kingston, which has been trying to recover after one of its aircraft experienced a runway excursion at Guyana’s Cheddi Jagan International Airport in November 2018.

Since then all attempts at recovery have proven futile with affected passengers in Guyana yet to receive their promised refunds. These affected passengers flights were cancelled when the airline suspended operations in March 2019.

Since then many of them have been waiting on their refunds, which are still not forthcoming. One of those affected have penned a letter to a local newspaper in Guyana making the case for the Guyanese Government to intervene.

The affected passenger is asking for “the intervention of the Minister of Public Works, Juan Edghill, and Guyana Civil Aviation Authority (GCAA) Director General, Egbert Field to please investigate this situation so that Guyanese can be refunded by Fly Jamaica, or by the Government of Guyana.”

The passenger, who did not identify him or herself, wrote that since the last press conference held by Minister Edghill on May 3, 2021, there have been no further updates.

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“The affected citizens of this country need to know when we will be refunded. I had purchased four tickets in July 2018, at a cost of over half of a million dollars; in a few months it will be four years and we still cannot receive a refund,” the passenger wrote.

The affected passenger questioned what happened to the bond that the airlines had to deposit with the Government for crises like these, positing the belief that given the failure of not maintaining a bond for Fly Jamaica, the Government of Guyana should be responsible for refunding the affected passengers.

According to the affected passenger, “it is hard to believe that a foreign company can come into this country, and commit this act against the citizens of this country with little or no representation from the Government. I look forward to a positive response from the Minister of Public Works or GCCA Director.

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2 responses to “No recovery in sight for Fly Jamaica”

  1. I totally agree . The contents are completely different from what was expected to be read based on the headline.
    So misleading….

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]