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The St Kitts Nevis Observer
Not surprisingly, the Caribbean Community’s major airlines are drowning in debt, with governments being pressured to intervene financially to stave off the possible collapse of the regional carriers.
But the problem is that countries like The Bahamas, Suriname and the smaller Eastern Caribbean nations cannot afford to not have a dedicated airline servicing routes the big western carriers are reluctant to operate in so authorities are being forced to continue pumping them with subsidies or allowing them to continue operating with staggering debt levels.
In the past week, The Bahamian government said it was forced to increase fares for state-owned Bahamas Air as the carrier is already operating with more than $60 million and counting with reduced passenger load because of the COVID-19 pandemic.