— says Minister Edghill as gov’t continues talks with Virgin Atlantic, Fly Always, and InterCaribbean Airways
WITH Guyana considered one of the fastest growing economies globally, investors’ interest in the country has been ever increasing, including those of the major airline operators.
Virgin Atlantic, Fly Always, and InterCaribbean Airways have set sight on Guyana.
Public Works Minister, Juan Edghill has disclosed that government is currently in talks with these airline operators to assess the potential of approval for operation in Guyana.
He said Guyana’s resilience and potential make it the ideal investment destination, a reality which has not escaped the attention of ‘big’ carriers.
Describing the potential for investment in Guyana as “limitless”, the minister said an international carrier would allow for a significant number of investors to have easier access to this country.
Even while noting the country’s potential for investment, Minister Edghill emphasised the government’s commitment to ensuring air transportation is robust, accessible, predictable, reliable, affordable and competitive.
As such, he said, any approval for operation in Guyana would have to be beneficial to the country as a whole.
As of recent, several major investors in the international hotel industry have tendered their proposals to be part of Guyana’s growth by providing first-class accommodation and other activities/services. These investments are expected to grow with new international airlines operating here, Minister Edghill said.
And on that note, he pointed out that competition is always beneficial to the consumer and noted that in this instance, the consumers, the Guyanese people, could benefit from lower travel rates.
Virgin Atlantic Airways Limited is a British airline, which would bring to Guyanese the opportunity of affordable flights to and from Guyana to London, which would promote a higher level of connectivity between Guyana and England. Fly Always Airline will be connecting persons seeking to travel to neighbouring Suriname.
Meanwhile, InterCaribbean Airways is a The Turks and Caicos-based carrier, which connects 27 destinations and 15 countries across the Caribbean.
Just recently, the government welcomed the inaugural flight of JetBlue, another international airline that had expressed interest in being a part of the local aviation sector.
Minister Edghill noted that with Guyana rising as an oil giant, “comfortable access” is one of the major things investors are looking out for.
The most direct activities associated with aviation have already created $20.7 billion in annual economic activity for Guyana, representing 3.2 per cent of the country’s total gross domestic product (GDP).