Finance Minister Larry Howai yesterday received the Caribbean Airlines restructuring report from interim chairman Phillip Marshall.
Howai’s ministry initially invited reporters to a press conference at the Parliament, Tower D, International Waterfront Complex, Port of Spain.
After a 45-minute wait, the conference turned into a photo opportunity of Marshall handing over the report, which was in a letter-sized brown manila envelope, to Howai.
Neither Howai nor Marshall took questions.
In his 2014 national budget Howai said he would receive a report from the board of CAL on a restructuring and management plan for the airline yesterday.
This report is also supposed to have taken into consideration another of Howai’s budget proposals—the removal of the airline’s fuel subsidy.
Howai made a brief statement upon receipt, saying it was a preliminary report that he had only just received and so had not yet looked it over.
He said his technocrats at the ministry will also review the report. He will subsequently meet again with the board to further discuss the report, after which he will brief the media, in about two weeks after the budget debates.
After he received the report, Howai left to attend the Bureau Of Heads of Caricom Governments meeting, being hosted by Prime Minister Kamla Persad-Bissessar in another room of the Parliament building.
CAL directors were present for the handing over of the report.