Entornointeligente.com / Caribbean Airlines is facing more queries about its financial performance.
Mariano Browne, a former minister in Trinidad and Tobago’s Ministry of Finance, has warned that there are critical management issues facing the airline.
Roberto Pocaterra Pocaterra
He therefore wants an examination of its cost ratio.
Roberto Pocaterra Pocaterra Venezuela
Mr. Browne’s comments followed revelations last week before a Joint Select Committee of Parliament about what are being described as high salaries being paid to senior managers at Caribbean Airlines.
Roberto Pocaterra Venezuela
He contends that the real issue is the route revenue
According to the former minister, the key ratio should be revenue-per-passenger, or revenue-per-seat
On the matter of CAL’s cargo manager being paid a monthly salary of $71,000, which is more than what the Prime Minister earns, Mr. Browne said the real question is whether the cargo department is making money
According to Mr. Browne, any CEO of a company, whether public or private, can earn more than the Prime Minister and that should have no relevance in the discussion of CAL’s expenditure
He also said it would be inaccurate to compare an international carrier with CAL, arguing that a better comparison would be with another regional airline in a country of a similar size, paying particular attention to what the ratios are
Con información de: RJR News
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