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Air Jamaica And Government Spending

Author

Listed:
  • Peter W Jones

    (Economic Development Institute)

Abstract

The Sunday Herald carried recently a very good investigative piece on Air Jamaica losing $JA33 Billion dollars over 10 years. It should be noted the last time Air Jamaica made a net profit was in 1974 of $US 250,000 under President Guillermo “Bigge” Machado(a Jamaican President). The Government has come out and said clearly they will continue to support Air Jamaica. In addition not mentioned in the article, IATA has stated that World Airlines for 2004 will loose $US5 Billion dollars.

Suggested Citation

  • Peter W Jones, 2004. "Air Jamaica And Government Spending," Development and Comp Systems 0411008, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwpdc:0411008
    Note: Type of Document - pdf; pages: 3
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    File URL: https://econwpa.ub.uni-muenchen.de/econ-wp/dev/papers/0411/0411008.pdf
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    More about this item

    Keywords

    Air Jamaica; Jamaica Government; Government spending; Airlines Developing Countries ; Caribbean airlines;
    All these keywords.

    JEL classification:

    • O - Economic Development, Innovation, Technological Change, and Growth
    • P - Political Economy and Comparative Economic Systems

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