Business
REDjet considering legal action against govt of Barbados
(Barbados Nation)The government of Barbados could soon be facing legal action from REDjet.
Robbie Burns, founder and business development director of REDjet, revealed the airline had instructed its attorney to explore all options to sue the government of Barbados for reneging on its promise to support it.
His revelation came within two hours of Barbados Minister of Finance Chris Sinckler’s clear-the-air statement on REDjet in the House of Assembly during his wrap-up in the 2012 Financial Statement and Budgetary Proposals on Tuesday night.
Sinckler said it was not true to say he or anyone in the government had “misled REDjet or reneged on any promise to lend financial assistance to that company”.
Sinckler added that the government, having given potentially millions of dollars in concessions to REDjet upfront, still made efforts to get the airline through an early and difficult financial period; but in the end REDjet did not have enough of its own private capital to survive.