Sale of Air Jamaica's Heathrow slots to Virgin to be investigated
28.04.08
The Jamaican Government has asked the Contractor General to investigate the sale of seven Air Jamaica Heathrow Airport slot pairs to Virgin Atlantic on March 10. The slots were sold for US$10 million.
Minister of Finance and the Public Service, Audley Shaw, who made the announcement as he closed the 2008/09 Budget Debate in the House of Representatives said, ‘The sale revenue given up is too large, potentially US$364 million, for us to not fully investigate this matter.’
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