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Bahamasair to spend $9.3m on aircraft maintenance

BAHAMASAIR will use $9.3m of its total budget in the new fiscal year on heavy maintenance to its aircraft and another $1m to move the headquarters to a building complex on Blake Road.

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We’re ready to take a hit on sale price

THE government has given itself a little over a month to close bids for the sale of the Grand Lucayan, according to Hotel Corporation chairman Michael Scott.

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9,208 work permits issued in 2015 - 36 per cent to Haitian nationals

OVER 9,000 work permits were issued by the government in 2015, more than 30 per cent of which were issued to Haitian nationals, according to the latest immigration statistics. 

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Mailboat Cybots one win away from championship title

THE Mail Boat Cybots are now just one game away from winning the New Providence Basketball Association’s championship title. But the defending champions Commonwealth Bank Giants are not yet prepared to push the panic button in the best-of-seven series.

Resort’s business down 80% via 15 year amenity loss

A Freeport timeshare resort is blaming the loss of “about 80 per cent” of its business on the 15-year failure of successive Royal Oasis owners to live up to their access and amenity provision obligations.

Cable predicting 130% profit growth to 2018

Cable Bahamas is forecasting that net income will increase by 130 per cent over the next five years as a result of its Florida expansion, with its US interests ultimately accounting for one-third of its bottom line.

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Vendors exceed expectations at Royal Caribbean workshop

Royal Caribbean yesterday said the first Royal Beach Club workshop for potential Bahamian food and beverage, retail and artisan partners exceeded expectations by attracting around 70-80 attendees.

More web shops a ‘thing of the past’

A Bahamian web shop operator yesterday said the industry should reduce its need for physical gaming house locations by conducting its business electronically, adding that 80 per cent of its business came from online.

$357,000 of repairs approved for 37 Sweeting Cay Homes

THE Disaster Reconstruction Authority has approved some 37 homeowners on Sweeting’s Cay for nearly $360,000 of repair assistance under the Small Homes Repair Programme.

70 to 80 correctional officers 'still waiting on promotions'

DESPITE 110 correctional officers being promoted to corporals this week, the Correctional Officers Staff Association estimates that many more await their awards.

Labour director sees outsource dispute rise

The Director of Labour says employee outsourcing by Bahamian companies has provoked a number of disputes, particularly in the financial services and hotel industries.“There have been a number of matters from trade unions that had a small pocket of th

Freeport now 'worth $11bn'

The total infrastructure investment in Freeport today is worth $11 billion, the Grand Bahama Port Authority’s (GBPA) chairman yesterday saying this exceeded annual Bahamian GDP and “could not be replicated.

80% of motorists exposed torogue, uninsured drivers

A SENIOR insurance executive yesterday said it would not take “a heavy lift” to crack down on uninsured drivers who threaten to inflict a substantial loss on 80 per cent of Bahamian motorists.Patrick Ward, Bahamas First’s president and chief executiv

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‘Coach Yo’ named to men’s national team coaching staff

YOLETT McPhee-McCuin continues to make history in the coaching ranks and achieved another milestone on her résumé when she became the first woman to join the coaching staff of a Bahamas senior men’s national basketball team.

Heat's Chris Bosh out indefinitely

MIAMI (AP) -- Chris Bosh and the Miami Heat were relieved by the diagnosis. It's the prognosis - or lack of one - that's a source of worry now. And suddenly, the Indiana Pacers may be even more of a threat. Bosh strained a lower abdominal muscle in Game 1

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Buddy Hield sinks a career-high 46

Bahamian Buddy Hield had a career night on Monday but it wasn’t enough as the No.2 ranked Oklahoma Sooners fell victim to top-ranked Kansas Jayhawks 109-106 in triple overtime as they had their perfect winning season snapped at the Allen Fieldhouse in Lawrence, Kansas.

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Wilson 'back as BUT president'

Unofficial results of the BUT general election last night revealed that incumbent president Belinda Wilson has been reelected as president of the union for the third time.

Burrows helps team to Game 1 victory in the Finals

JARAUN Burrows and FOS-Provence Basket are one step closer to a championship title and league promotion after a game one win in the LNB French Pro B Division Finals.Burrows was limited to just 17 foul-plagued minutes and scored six points in Fos-Sur-

Extra $16.7m may have saved 600 Baha Mar staff

Up to 600 Baha Mar jobs could have been saved had the project’s joint provisional liquidators secured $16 million in additional funding, Tribune Business can reveal.

Strong Bahamian presence again in the Battle 4 Atlantis

THE 2015 Battle 4 Atlantis will include another stacked field, with not only two Bahamians, but some of the top incoming freshman classes in all of NCAA Division I basketball.