The Air Transport Sector in the CARICOM Region is close to reaching a tipping point. Some domiciled carriers that have made significant contributions to the socio-economic welfare of the economies they have served over the years, are going through a period of uncertainty. The airlines continue to make losses, with shareholder governments concerned about having to prop them up indefinitely.
air transport
This Concept Paper has been commissioned by the CARICOM Secretariat to be presented at a Regional symposium to develop the βElements of the Strategic Vision for Services Sector Development in the Caribbean Community (CARICOM)β. As a start the paper has to understand the level of need for efficient air transport services in the CARICOM Region (Region).