TIMEHRI - The Cheddi Jagan International Airport Corporation’s (CJIAC) financial performance for the first half of this year – January to June - has set a solid platform for continued solid and sustainable year.
Chief Executive Officer (CEO) Ramesh Ghir, in his half yearly report, announced a nine percent or GYD$44M increase in revenues for the Airport. So far, CJIAC has accumulated GYD$542M compared to GYD$498M in 2012 for the same period.
The climb in income, Ghir stated, is “due to the increase in non aeronautical earnings and stringent debts management strategy adapted by the Corporation.”
Furthermore, of the income collected, $335M was transferred to the Consolidated Fund – that figure represents a 12 percent hike in comparison to 2012 when $300M was transferred.
This performance follows the recording breaking one in 2012 where the Corporation earned a sum of GYD$1.120B.
