PORT OF SPAIN, Trinidad - Vice-chairman of Caribbean Airlines Ltd (CAL) Mohan Jaikaran is proving the state enterprise is not cash-strapped, as he has requested 19 complimentary airline tickets for a Mother’s Day concert scheduled for New York City and Toronto this weekend, of which he is a co-promoter. The directive caused raised eyebrows among management, as two weeks ago there were reports that the national carrier had once again turned to the Government for funding, to the tune of $100 million.
Jaikaran, however, denied the airline was facing money woes and instead insisted it was “heading in the right direction.” T&T Guardian learned that last week, Jaikaran, who is also the chairman of WIN Communications Ltd (WINTV), gave instructions via e-mail for the tickets to be booked free of charge. The T&T Guardian learned loss of revenue for the tickets was estimated at approximately US$20,000. Only taxes were paid on the tickets.