T&T: BWIF?

CABINET will meet tomorrow in a special sitting to decide whether to keep pumping millions of dollars into the debt-ridden national airline, BWIA, or close it down.

One of the submissions, the Express learned, was an injection of $250 million to pull the organisation out of the red.

This proposal comes on the heels of yet another threatening letter from International Leasing Finance Company to seize one of the airline's aircraft.

Trade and Industry Minister Kenneth Valley confirmed yesterday that "phase one" of a plan of "ensuring the net worth" of BWIA was going before Cabinet, which included correcting the balance sheets and finding ways to "stop the haemorrhaging" of taxpayers money

T&Tians will no longer be saying of BWee But Will It Arrive; instead, the query will now be But Will It Fly?