NASSAU, Bahamas — The government will allocate $1 million to provide airlift into Grand Bahama over the summer, Tourism Minister Dionisio D’Aguilar said.
D’Aguilar told The Nassau Guardian, “The government is going to allocate some money to deploy the additional Bahamasair aircraft to enhance the amount of lift from South Florida into Grand Bahama.
“It was identified that the costs to make that short leap from South Florida into Grand Bahama have risen quite significantly primarily because, with reduction in hotel inventory, it seems evident that airlines reduced the amount of capacity into Freeport by a greater amount than the reduction demand.
“So, when you reduce supply by a greater percentage than demand it leads to an increase in prices, and the residents and the visitors to Grand Bahama have noticed if you’re flying from South Florida, which obviously is quite a significant market for Grand Bahama, it has led to an increase in prices.”
The minister’s comments come more than five months after the Sunwing Travel Group announced it would stop flights to Grand Bahama after December 2018 due to an impasse with the government. https://thenassauguardian.com/2019/03/16/govt-to-provide-1-mil-for-gb-airlift/
