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For Immediate Release
January 30, 2004



An excerpt from the Trinidad Guardian:

Government has hired a foreign firm to review the operations at BWIA, while the airline’s Board is now actively searching for a new chief executive officer. Trade and Industry Minister Kenneth Valley yesterday announced the firm that won the bid to do the review was SH&E International Air Transport Consultancy.

On June 30, 2003, the Guardian exclusively reported that Government had authorised the Airports Authority of T&T (AATT) to issue tenders for the hiring of a consultant to review BWIA’s operations. Speaking to reporters yesterday during the post-Cabinet news conference at Whitehall, Valley said SH&E was selected out of a short-list of five bidders.

The review is meant to examine exactly how BWIA needs to be restructured, as part of an initiative to merge its operations with Antigua based LIAT. SH&E has been in existence since 1963 and promotes itself as “the leading aviation consulting firm focused exclusively on the air transportation industry.”

“It (SH&E) is going to really firm up our position or advise on what our position should be with respect to the regional airline,” Valley said. He said the consultant would look at the configuration, appropriate management structure and shareholding of the regional airline that would be the BWIA/LIAT merger, as well as the funding requirements for the venture. SH&E will also examine the Airports Authority’s efforts to make the Piarco International Airport a business and leisure travel hub for the region.
Valley also said BWIA’s Board of directors has informed Government that it has been in touch with potential candidates for the position of CEO. When Conrad Aleong resigned as CEO, in June 2003, BWIA appointed two managing directors, Nelson Tom Yew, who is in charge of corporate affairs and Paul Schutz, who is in charge of operations. However, Tom Yew has executive rank over Schutz".



For Further Information:

Webster O’Brien, Director - Corporate Marketing, SH&E
Boston office telephone: 617 225 2800 ext. 143
Cell: 617 230 8399
Email: wobrien@sh-e.com
 

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