Bahamas now in control of its sovereign airspace - The Nassau Guardian

Bahamas now in control of its sovereign airspace
n Country could collect up to $350 million from overflight airlines over ten years
The government of The Bahamas yesterday signed an historic air navigation services agreement with the US Federal Aviation Administration (FAA) for the monitoring of The Bahamas’ sovereign airspace for a period of ten years at no cost, Minister of Tourism and Aviation Dionisio D’Aguilar announced yesterday at the agreement signing ceremony, adding that the country could collect up to $350 million from overflight airlines over that ten years.
D’Aguilar explained that while the FAA has been monitoring this country’s airspace for some time, there has never been a formal agreement in place. And while the FAA’s monitoring of the airspace will be done at no cost, his country will have to pay an annual $80,000 fee to acquire data on airlines passing through The Bahamas’ airspace.

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