CARIBBEAN ROUNDUP OWN IN ONE
Caribbean Life, S 32 EPTEMBER 10-16, 2021
fiscal year will be in the range of 7-10
percent, up from the 5-8 percent that
was indicated in May 2021.
Leading indicators, such as GCT
(general consumption tax) flows and
electricity consumption, pointed to
this rebound.
According to Bayles, the key drivers
of this rebound are the tourism and
related sectors driven by successful
vaccination programs.
He also said that the bank anticipates
continued strong growth in the
construction sector.
ST. LUCIA
Two years after it ceased its scheduled
flights to St. Lucia, Virgin Atlantic
will return to the island during the
2021 winter season, flying three times
a week from London’s Heathrow Airport
to Hewanorra International
Airport.
Newly appointed Minister
of Tourism, Dr.
Ernest Hailaire said, “we
are grateful for the continued support of
our airline partners British Airways and
Virgin Atlantic, as we opened the country.
Virgin Atlantic has been a long supporter
and providing connectivity to the
UK for many years.'”
The United Kingdom has been St.
Lucia’s second largest tourism market
and in July, it accounted for eight percent
of total arrivals and five percent year-todate
of total stay-over arrivals, tourism
officials said.
TRINIDAD
Trinidad majority owned Caribbean
Airlines (CAI) has signed an agreement
with Megacap SA Limited as it General
Sales and Service Agent (GSSA) to facilitate
cargo shipments from several cities
in China.
In a statement, the airline said the
agreement took effect recently and
the cargo shipments to
the Caribbean will be
facilitated via Megacap’s
six hubs including
Beijing airport office,
Guangzhou, Shanghai, Hong Kong and
Dalian.
The appointment of Megacap comes
at an opportune time, giving freight forwarders
and shippers in China access to
the Caribbean with real time, customized
logistic solutions, CAL said.
The airline operates an all-cargo schedule
of 14 weekly Boeing 767 flights.
The service facilitates shipments
between the carrier’s Miami hub and
Trinidad, Kingston, Montego Bay, Guyana
and Barbados.
The aircraft also transports on select
passenger routes between Trinidad and
New York, Toronto, Barbados, St. Vincent,
Grenada and St. Lucia.
— Compiled by Azad Ali
Continued from Page 4
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