RORAIMA Airways has said that tickets for travel on Dynamic Airways will be sold at the exchange rate applicable on the day of the transaction and will be “mutually agreed upon,” as it stays clear of mentioning an exchange rate.
The announcement by Roraima Airways follows criticisms from the travelling public pertaining to the high exchange rate to travel on the airline, which in recent years has been in the spotlight for a number of problematic issues.
The airline in a release said it is accepting payment in Guyana dollars for airline tickets and travel agents remitting payments for tickets sold on Dynamic are encouraged to remit such payments in U.S. dollars.
These agents might have access to U.S. dollars at competitive exchange rates, the airline noted.
However, Roraima said it will accept remittances from travel agents in Guyana dollars at a mutually agreed exchange rate to the U.S. dollar.
On Friday, Governor of the Bank of Guyana, Dr Gobind Ganga, told reporters during a press briefing at the Ministry of Finance that the air carrier may have illegally upped its foreign exchange rate regarding ticket prices.
It has been charging a G$250 to US$1 rate.
Reports on Thursday say Roraima Airways , the local handling company of Dynamic , informed travel agencies that the carrier’s tickets must be sold at a new rate of G$250 , a rate which it arrived at after making similar increases within a matter of days.
Dr Ganga said the rate would be “less competitive” for the problematic airline, a move he termed illegal, since according to him, the entity should utilise the Central Bank exchange rate which he termed an advertised rate.
Roraima Airways said it has noted the efforts of the Government to stabilise the exchange rate and will monitor the rate over the coming weeks to determine whether the rate needs to be adjusted.
“We have been in discussions with Dynamic and the airline is committed to maintaining its competitive airfares of $US579 which are currently the lowest offered on the Guyana/New York route,” the airline said.
Roraima Airways Chief Executive Officer, Gerry Gouveia, said Dynamic Airways remains fully committed to Guyana and will continue to contribute to various social development efforts in keeping with its good corporate citizenship.