The Guyanese government has ruled out the establishment for the time being of a state-owned national carrier and instead wants more international airlines to serve the country. That’s despite the capital Georgetown anticipating a huge influx of visitors as Guyana’s oil wealth grows exponentially.
Speaking at the Inaugural Virtual Diaspora Conference, Finance Minister Ashni Singh said: “It is not currently on the agenda to establish a state-owned airline.”
He said establishing a state-owned airline was too risky, citing the example of cash-strapped regional airline LIAT, currently under administration, from which Barbados and St Vincent & the Grenadines have exited as shareholders because of the financial burden. He said COVID-19 had further hampered the operations of a number of state carriers.
Instead, Singh said, the government is successfully attracting private airlines to serve the Guyana route.
Singh said talks were continuing with Virgin Atlantic with a view to serving the Guyana-United Kingdom route.
Guyana currently has one home-based private carrier, Trans Guyana Airways which serves only three routes – Boa Vista (Brazil), Bridgetown (Barbados), and Lethem (Guyana).