{"id":246029,"date":"2004-11-05T14:30:16","date_gmt":"2004-11-05T19:30:16","guid":{"rendered":"https:\/\/www.bahamasb2b.com\/news\/2004\/11\/bahamasair-officials-expect-budgetary-shortfall-of-14-mil"},"modified":"2004-11-05T14:30:16","modified_gmt":"2004-11-05T19:30:16","slug":"bahamasair-officials-expect-budgetary-shortfall-of-14-mil","status":"publish","type":"post","link":"https:\/\/www.bahamasb2b.com\/news\/2004\/11\/bahamasair-officials-expect-budgetary-shortfall-of-14-mil","title":{"rendered":"Bahamasair Officials Expect Budgetary Shortfall Of $14 Mil."},"content":{"rendered":"<p>With an expected budegtary shortfall of $14 million for 2004\/2005, due in part to spiraling increases in fuel costs and the impact of a multiple hurricane season, Bahamasair officials have asked the Airport, Airline and Allied Workers Union to submit recommendations by the end of November to cut costs, Bahamasair&#8217;s managing director Paul Major told The Tribune yesterday.<br \/>\n<P><br \/>\nThe airline&#8217;s board members and senior management officials were reported to have met with union officials on Wednesday to give a presentation of the state of the global airline industry and talk about the state of Bahamasair as projected to the end of the fiscal year &#8211; a $14 million budgetary loss, compared with a previously anticipated shortfall of $5.2 million.<br \/>\n<P><br \/>\nIn 2003 Bahamasair spent some $7 million on fuel and it is expected that 2004 will see a $6 million increase over that level, bringing fuel costs to some $13 million.<br \/>\n<P><br \/>\n<B>Source: Yolanda Deleveaux, The Tribune<\/B><\/P><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In 2003 Bahamasair spent some $7 million on fuel and it is expected that 2004 will see a $6 million increase over that level, bringing fuel costs to some $13 million.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10223285771444175_51037792744":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[12],"tags":[],"class_list":["post-246029","post","type-post","status-publish","format-standard","hentry","category-headlines"],"_links":{"self":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/246029","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/comments?post=246029"}],"version-history":[{"count":0,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/246029\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/media?parent=246029"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/categories?post=246029"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/tags?post=246029"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}