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1,000-seat Nassau boost from Delta

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net DELTA AIRLINES is projecting load factors of between 80 to 85 per cent for its reinstated non-stop service between Nassau and New York's LaGuardia airport, airline executives tellin

Bahamas oil well creditors accept 84% debt hair-cut

Creditors owed a collective $11.3m for the drilling of an exploratory oil well in The Bahamas have agreed to accept a near-84 percent haircut on this debt, it was revealed yesterday.

Basketball player Trevone Grant making move to Acadia

THE basketball journey continues for Trevone Grant as he prepares to make the transition to the university level.

Ayton and Suns advance to West Finals

A season of historic milestones will continue for Deandre Ayton and the Phoenix Suns in the Western Conference Finals.

Baha Mar liquidators seek ‘emergency’ $25m

Baha Mar’s joint provisional liquidators yesterday sought Supreme Court approval to borrow $25 million, warning they would have to shut the Melia Nassau Beach Resort if unable to meet an $8.7 million insurance payment falling due on Monday.

Lynden Pindling said ‘tell the truth’ - that includes Baha Mar

“GET up and get going or you will be gone!” was the swift kick in the pants that the late Prime Minister Sir Lynden Pindling gave his MPs on the last night of the PLP’s 35th national convention.

Dingman: ‘Rampant theft’ caused restaurant failure

Jamie Dingman has blamed the collapse of his Nassau restaurant empire on “rampant theft and mismanagement”, and plans to call a former FNM Cabinet minister as a defence witness in his battle against a $1.113 million damages claim.

Sears shrugs off MP support for PM

PROGRESSIVE Liberal Party leader-hopeful Alfred Sears yesterday called the paltry level of endorsements from sitting members of Parliament for incumbent leader Prime Minister Perry Christie to stay on as party leader a “distraction”.

ALICIA WALLACE: No excuse for failing to disclose on time

HERE we are again. It is a familiar place. Government administrations change with some regularity, and many of the practices remain the same.

Sarkis pushes for full Baha Mar liquidation

Sarkis Izmirlian yesterday again sought to present himself as the ‘champion’ of Baha Mar’s unsecured Bahamian creditors, as he moved to push the $3.5 billion development into full liquidation.

‘Buddy’ scores team high 19 off the bench in loss

Chavano “Buddy” Hield showed little signs of rust in his return to action as the Sacramento Kings made their debut in the NBA 2019-20 season restart.

Sports Notes

THE Bahamas Lawn Tennis Association has announced its boys and girls national teams that will be participating in the World Junior Tennis Competition in San Salvador, El Salvador, March 11-16.

‘Complete disaster’ for 2,026 Baha Mar workers

The Government’s Baha Mar ‘liquidation strategy’ was yesterday branded “a complete disaster” by a former Board director, after the Supreme Court authorised the termination of 2,026 employees.

Shaping a ghetto state of mind

By KIRKLAND PRATT

Sky Bahamas enjoys summer with 85% load on relaunched route

SKY Bahamas said yesterday that it was seeing 80 to 85 per cent load factors on its recently re-launched Freeport-Fort Lauderdale route, highlighting what its chief executive described as a “very good summer” for the Bahamian-owned airline.

Christie’s contractor meet ‘worth a shot’

The Opposition’s finance spokesman yesterday said it was a “little late” for Prime Minister Perry Christie to attempt to persuade Baha Mar’s Chinese contractor to complete the stalled project, but admitted: “It’s worth shot”.

‘Hammer will have little to no opportunities to get his punches off’

GRAND Bahamian Sherman “Tank” Williams is fit, ready and excited to fight 32-year-old Christian “Hammer” Ciocan in his hometown in Galati, Romania, on Friday, August 28.

Man shot dead, two injured in latest shootings

ONE MAN is dead and two other men are fighting for their lives in hospital after they were shot in two separate incidents early Saturday morning.

Judge says no to gag order in Gibson case

A Supreme Court judge cautioned the press yesterday to report accurate information concerning Adrian Gibson’s corruption trial after deciding not to impose a gag order barring journalists from reporting the case.

Financial crimes rise 54% to five-year-high

Financial crimes reported to the Royal Bahamas Police Force (RBPF) surged by 54 percent to 830 incidents in 2023 and representing a five-year high.

The Tribune

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