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Future of Caribbean Airlines

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MaxPower
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Re: Future of Caribbean Airlines

Postby MaxPower » June 6th, 2025, 10:23 am

hover11 wrote:
MaxPower wrote:So the article is about CAL in the red but more than half of it talking about Anil and cyberbullying.

Guardian on sheit yes

Talk about why the CAL CEO paid himself a bonus of $500,000 when not a cent of Govt loan was paid back.
How can one pay himself a bonus in a company that underperforming? This is a parlour


http://www.guardian.co.tt/news/nothing- ... 1acebda3c5 Nothing wrong with Medera’s bonus - Trinidad Guardian


Jason,

According to the article, there is nothing wrong with the bonus as that was in his contract.

Likewise, nothing wrong with Keithos salary increase as that was his entitlement.

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hover11
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Re: Future of Caribbean Airlines

Postby hover11 » June 6th, 2025, 10:25 am

MaxPower wrote:
hover11 wrote:
MaxPower wrote:So the article is about CAL in the red but more than half of it talking about Anil and cyberbullying.

Guardian on sheit yes

Talk about why the CAL CEO paid himself a bonus of $500,000 when not a cent of Govt loan was paid back.
How can one pay himself a bonus in a company that underperforming? This is a parlour


http://www.guardian.co.tt/news/nothing- ... 1acebda3c5 Nothing wrong with Medera’s bonus - Trinidad Guardian


Jason,

According to the article, there is nothing wrong with the bonus as that was in his contract.

Likewise, nothing wrong with Keithos salary increase as that was his entitlement.
Gotta love this country Max, anything goes

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Re: Future of Caribbean Airlines

Postby one eye » June 6th, 2025, 10:42 am

You seem upset that it's not you on the receiving end.

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hover11
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Re: Future of Caribbean Airlines

Postby hover11 » June 6th, 2025, 10:49 am

one eye wrote:You seem upset that it's not you on the receiving end.
Mine will come sir the more time that passes the more my backpay increases....unbothered

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Re: Future of Caribbean Airlines

Postby mero » June 6th, 2025, 11:27 am

Not like anyone was expecting any more productivity at work from hover-bot anyway with the govt change.

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hover11
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Re: Future of Caribbean Airlines

Postby hover11 » June 6th, 2025, 12:05 pm

mero wrote:Not like anyone was expecting any more productivity at work from hover-bot anyway with the govt change.
I'm on vacation why you on a forum during working hours.....yet u calling me unproductive interesting

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Re: Future of Caribbean Airlines

Postby mero » June 6th, 2025, 1:43 pm

Doubt theres really a difference between work and vacation with you

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hover11
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Re: Future of Caribbean Airlines

Postby hover11 » June 6th, 2025, 1:53 pm

Basic comprehension lacking with this one

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Re: Future of Caribbean Airlines

Postby bluefete » June 7th, 2025, 5:41 pm

Image

pugboy
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Re: Future of Caribbean Airlines

Postby pugboy » June 7th, 2025, 5:50 pm

we need to be mindful that for a country
a national airline is an item of pride
rules are going to be bent no matter what
rules concerning finances and ethics regardless of taxpayers burden

it’s no different than how a country will pay a national football coach an obscene amount of forex money knowing fully well the team ain’t going anywhere

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hover11
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Re: Future of Caribbean Airlines

Postby hover11 » June 7th, 2025, 6:22 pm

pugboy wrote:we need to be mindful that for a country
a national airline is an item of pride
rules are going to be bent no matter what
rules concerning finances and ethics regardless of taxpayers burden

it’s no different than how a country will pay a national football coach an obscene amount of forex money knowing fully well the team ain’t going anywhere
The thing with this is the bigger nations like America they can simply print more money and fund their football team to go to world cup and loss 100 times without feeling the economic effects, what will be our position in the next 10 years if we hold on to CAL in it's current state?

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Re: Future of Caribbean Airlines

Postby pugboy » June 7th, 2025, 7:01 pm

some will say there is no price to put on the warm fuzzy feelings we had in 2006
remember all the soca unity and ting

hover11 wrote:
pugboy wrote:we need to be mindful that for a country
a national airline is an item of pride
rules are going to be bent no matter what
rules concerning finances and ethics regardless of taxpayers burden

it’s no different than how a country will pay a national football coach an obscene amount of forex money knowing fully well the team ain’t going anywhere
The thing with this is the bigger nations like America they can simply print more money and fund their football team to go to world cup and loss 100 times without feeling the economic effects, what will be our position in the next 10 years if we hold on to CAL in it's current state?

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MaxPower
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Re: Future of Caribbean Airlines

Postby MaxPower » June 7th, 2025, 9:26 pm

It is alleged that CAL has paid Machel Montano $M American dollars…

Can anyone confirm?

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hover11
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Re: Future of Caribbean Airlines

Postby hover11 » June 10th, 2025, 9:05 pm

Imagine CAL borrowed $265 million, never repaid it , but reporting an operating profit .

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Re: Future of Caribbean Airlines

Postby Dave » June 10th, 2025, 9:11 pm

Loans do not take away from profit.
It interferes with your debt to equity ratios.
Most successful businesses have loans as the cost to borrow vs raising capital is cheaper plus loan interest is a tax allowable expense.
However, if your liabilities are greater than your assets then you're in problems.

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hover11
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Re: Future of Caribbean Airlines

Postby hover11 » June 10th, 2025, 9:17 pm

Dave wrote:Loans do not take away from profit.
It interferes with your debt to equity ratios.
Most successful businesses have loans as the cost to borrow vs raising capital is cheaper plus loan interest is a tax allowable expense.
However, if your liabilities are greater than your assets then you're in problems.
Dave you know their liabilities are much more than assets tbh I don't see much of a difference between BWIA and CAL the writing is on the wall

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Re: Future of Caribbean Airlines

Postby MaxPower » June 10th, 2025, 9:46 pm

T&T’s national airline business is a cycle.

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Re: Future of Caribbean Airlines

Postby MaxPower » June 24th, 2025, 5:14 pm

Image



What really going on in CAL?

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hover11
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Re: Future of Caribbean Airlines

Postby hover11 » June 24th, 2025, 6:09 pm

The Minister of Finance, Davendranath Tancoo, presented instruments of appointment to new members of the Board of Directors of Caribbean Airlines Limited on Tuesday.

For more: https://www.cnc3.co.tt/new-board-of-dir ... -airlines/

Let's see how this goes
FB_IMG_1750802930980.jpg

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Re: Future of Caribbean Airlines

Postby pugboy » June 24th, 2025, 6:48 pm

selwyn get a sweat yes
what a ting

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Future of Caribbean Airlines

Postby MaxPower » June 24th, 2025, 8:27 pm

And as usual, none of them know a damn thing about Aviation and airline business.

So the question is, who advising them?

Anyways, enjoy allyuh free travel and order some 787s with the first class meals.

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Re: Future of Caribbean Airlines

Postby pugboy » June 24th, 2025, 9:14 pm

cal gonna start turning around their finances now?
employees gonna keep abusing free flights for fren and famalee?

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MaxPower
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Future of Caribbean Airlines

Postby MaxPower » June 24th, 2025, 9:28 pm

pugboy wrote:cal gonna start turning around their finances now?
employees gonna keep abusing free flights for fren and famalee?


Pug,

Thas employee benefits man…and it not really free. They still pay the tax which is still small money but it is a perk.

The “free flights” is not a guaranteed seat, only if it have room. Staff hadda pay extra for business class too.

All that and staff does treat staff like crap in CAL…..its the culture.

The main issue is the duncey heads in their numbers uptop who making high 5 figure salaries and spending wildly and lavishly.

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Future of Caribbean Airlines

Postby MaxPower » June 25th, 2025, 6:23 am

Imagine:

CAL Flight Attendants have 5 different uniform variations, 5, and they can where whichever the feel like for duty….so looking like a coloring book when walking as a crew. Which airline in the world does this? No wonder Kamla mentioned the cost of Uniforms…..somebody getting a nice piece of money to supply all these uniforms.


CAL printing polos of all colors and designs for every week and every Welcome Home sheit for all stations they operate out of. Not to mention care packages for all staff twice a year with fancy Tumblers etc

CAL have a executive manager, senior manager and manager etc etc etc for every single department and unnecessary newly created positions collecting high 5 figure salaries. TOP HEAVY with lazy and unproductive people.

CAL sponsoring and hiring of popular artists and events etc is horrendous and lavish….a airline owing $260M+ does not justify a Party Culture.

CAL’s Barbados Base is sucking money to pay staff who rotate there for an entire month where the crew is accommodated in an all inclusive resort and paid daily in USD.

All airlines are going paperless boarding passes…CAL insists on printing colored boarding passes….another cost.

Whats happening with the other new routes that are not making money?

Why has CAL CEO gone silent after he lied to his staff about proudly declaring a profit? Resignation in motion?

Taxpayers need answers.

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Re: Future of Caribbean Airlines

Postby pugboy » June 25th, 2025, 6:57 am

they sponsoring street roti vendors and ting too

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Re: Future of Caribbean Airlines

Postby Type Rated » June 25th, 2025, 8:30 am

MaxPower wrote:Imagine:

CAL Flight Attendants have 5 different uniform variations, 5, and they can where whichever the feel like for duty….so looking like a coloring book when walking as a crew. Which airline in the world does this? No wonder Kamla mentioned the cost of Uniforms…..somebody getting a nice piece of money to supply all these uniforms.


CAL printing polos of all colors and designs for every week and every Welcome Home sheit for all stations they operate out of. Not to mention care packages for all staff twice a year with fancy Tumblers etc

CAL have a executive manager, senior manager and manager etc etc etc for every single department and unnecessary newly created positions collecting high 5 figure salaries. TOP HEAVY with lazy and unproductive people.

CAL sponsoring and hiring of popular artists and events etc is horrendous and lavish….a airline owing $260M+ does not justify a Party Culture.

CAL’s Barbados Base is sucking money to pay staff who rotate there for an entire month where the crew is accommodated in an all inclusive resort and paid daily in USD.

All airlines are going paperless boarding passes…CAL insists on printing colored boarding passes….another cost.

Whats happening with the other new routes that are not making money?

Why has CAL CEO gone silent after he lied to his staff about proudly declaring a profit? Resignation in motion?

Taxpayers need answers.



A few good points Max but also some inflated ones
Take off the uniform one and the Barbados and you are golden.

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hover11
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Re: Future of Caribbean Airlines

Postby hover11 » July 2nd, 2025, 8:37 am

Even as the Airports Authority of T&T (AATT) struggles to pay outstanding wages and payments owed to employees, it has written off a $205 million debt owed by Caribbean Airlines (CAL). Minister of Transport and Civil Aviation Eli Zakour raised the issue during Monday night’s Senate debate on the Finance (Supplementary Appropriation) (Financial Year 2025) Bill.

For more…
https://www.guardian.co.tt/news/ministe ... a559b4e622


Unfortunately if the Government restructure CAL the same members of the public like mero will make noise and say they firing ppl but this madness must continue. Only because this government decided to act
FB_IMG_1751459798650.jpg

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Re: Future of Caribbean Airlines

Postby Dizzy28 » July 2nd, 2025, 9:16 am

hover11 wrote:Even as the Airports Authority of T&T (AATT) struggles to pay outstanding wages and payments owed to employees, it has written off a $205 million debt owed by Caribbean Airlines (CAL). Minister of Transport and Civil Aviation Eli Zakour raised the issue during Monday night’s Senate debate on the Finance (Supplementary Appropriation) (Financial Year 2025) Bill.

For more…
https://www.guardian.co.tt/news/ministe ... a559b4e622


Unfortunately if the Government restructure CAL the same members of the public like mero will make noise and say they firing ppl but this madness must continue. Only because this government decided to act
FB_IMG_1751459798650.jpg


CAL loves a write off. Wonder if JFK and Pearson does tell them "doh worry we go handle a scenes"

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MaxPower
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Re: Future of Caribbean Airlines

Postby MaxPower » July 8th, 2025, 3:11 pm

Team,

A fellow tuner mentioned that some of CAL’s newly appointed board members have aviation experience, necessary for the proper management of the RED national airline.

Can anyone shed some light?

Now bear in mind….being a past auditor has nothing to do with the operational experience required.

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Re: Future of Caribbean Airlines

Postby Type Rated » July 9th, 2025, 1:09 pm

MaxPower wrote:Team,

A fellow tuner mentioned that some of CAL’s newly appointed board members have aviation experience, necessary for the proper management of the RED national airline.

Can anyone shed some light?

Now bear in mind….being a past auditor has nothing to do with the operational experience required.


Nearly days… good due diligence. Not even a google search carry on.

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