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RFP issued for entity to monetize The Bahamas’ airspace

The government is hoping to identify an entity to help this country monetize its sovereign airspace by the end of the month, Minister of Tourism and Aviation Dionisio D’Aguilar said Thursday, added that a request for proposals (RFP) for this service was issued.

D’Aguilar, who was presenting his contribution to the budget debate in the House of Assembly, said when the company is selected, negotiations on the timeline and cost to roll out the system will begin.

He added that the endeavor to monetize The Bahamas’ airspace is not to be confused with the government’s endeavor to expand The Bahamas’ flight information region (FIR), a specified region of airspace in which a flight information service and an alerting service are provided.

“While we hope to achieve both, monetizing the sovereign airspace of The Bahamas is seen as the most achievable in the short term,” said D’Aguilar.

This would involve the implementation of the necessary technology to measure and track each and every aircraft that flies through our airspace.

“Over 1,000 planes fly through our airspace every day. Almost 90 percent of them never stop. In addition to tracking these aircraft, the technology would need to generate a bill for the distance traveled through the sovereign airspace of The Bahamas, send that bill electronically to the owner/operator of the aircraft and then pursue that owner/operator for payment.”

According to D’Aguilar, the responses from the RFP are currently being vetted by an evaluation committee chaired by Wendy Craigg, the chairperson of the Bahamas Civil Aviation Authority and former governor of The Central Bank of The Bahamas.

“I am overly optimistic that, one day, in the very near future we will, after 46 years of being an independent nation, be able to enjoy further the benefits of the wonderful geographic location of this country,” D’Aguilar said.

“ I always say, ‘God has blessed the people of The Bahamas with great geography’. It is now up to us to take further advantage of it.”

Chester Robards

Senior Business Reporter at The Nassau Guardian
Chester Robards rejoined The Nassau Guardian in November 2017 as a senior business reporter. He has covered myriad topics and events for The Nassau Guardian.
Education: Florida International University, BS in Journalism
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