A plane soars over the Glass Window Bridge on Eleuthera (PHOTO: BAHAMAS.COM)
NASSAU, BAHAMAS The Bahamas could begin receiving overflight fees by mid-July, according to Tourism and Aviation Minister Dionisio D’Aguilar.
Minister of Tourism and Aviation Dionisio D’Aguilar.
Speaking ahead of a Cabinet meeting yesterday, D’Aguilar said: “We will be receiving our information from the Federal Aviation Authority (FAA). The FAA will gather that information during May, give it to us by the end of June, send it on to the International Air Transport Association (IATA) and certainly, by the middle of July, we should start to receive some of the overflight fees and the fees associated with the usage of our airspace.”
Airlines must pay to fly in Bahamas’ airspace
Govt projects $300-350 million intake over next 10 years
NASSAU, BAHAMAS The Bahamas, for the first time in its history, is assuming management of its sovereign airspace in a move that could yield $300 to $350 million over the next 10 years, according to Tourism and Aviation Minister Dionisio D’Aguilar.
The Bahamas has now signed a 10-year air navigation services agreement with the US Federal Aviation Authority (FAA), which could be extended for an additional 36 months.
Under the new agreement, as of May 1, 2021, aircraft landing in and departing out of the sovereign airspace of The Bahamas, aircraft flying solely in the airspace of The Bahamas and aircraft flying over the sovereign airspace of The Bahamas will start paying fees to the newly established Bahamas Air Navigation Services Authority, (BANSA) an entity solely owned and operated by the Bahamian government.