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Bahamian battles FTX chief on $28m aircraft

A BAHAMIAN aviation entrepreneur yesterday launched legal action against FTX’s US chief to safeguard his ownership interest in two aircraft valued at a combined $28m

Chamber proposes Joaquin ‘stimulus’

The Government has been urged to expand Hurricane Joaquin-related tax breaks to storm-devastated businesses, with the private sector also calling for an amended relief model that would act as an “economic stimulus” throughout the Bahamas.

Fishing regulations ‘the perfect storm’ for Out Isl. resort

A well-known Family Island resort yesterday said it was facing “the perfect storm”, with airlift issues and Value-Added Tax (VAT) now compounded by the proposed fly fishing regulations that have already caused some guest cancellations.

Quarter-miler Steven Gardiner was a MISAP member

WHEN Steven Gardiner stepped onto the track to join the ‘Golden Knights’ in the 4 x 400 metres at the IAAF/BTC World Relays, the casual viewer questioned his credentials to join the elite lineup, but his success is indicative of the growth of the most successful and remote track and field programmes in the Bahamas.

Maintain value of $34m airport upgrade contract

AN EXUMA businessman yesterday said The Bahamas must do better at maintaining its infrastructure after a $34m contract was signed to upgrade the island’s international airport Ramon Darville, Darville Lumber’s general manager, told Tribune Business “it does not make any sense” to spend such money on Exuma International Airport if the facility does not receive annual maintenance once the work is completed.

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Atlantis, cruise port: ‘Room’ for PI lighthouse restoration

Atlantis and the Nassau Cruise Port both say there is “room” for a restored Paradise Island lighthouse to provide an “iconic” visitor experience and boost New Providence’s status as a tourism destination.

‘Up the ante’ on cruise line deals

A former Bahamas National Trust (BNT) chief yesterday said this nation must “up the ante” and leverage its “natural capital” to obtain better deals from the cruise industry, adding: “We give up too easily.”

Gov’t striving to re-open Lucayan’s Breaker’s Cay

The Government has taken a "show me the money" approach with potential Grand Lucayan buyers at it works to open another part of the resort complex to support increased airlift to Grand Bahama, it was revealed yesterday.

‘Noble objective’: Aviation in annual 15% stopover growth

The Government’s ambition to increase stopover tourist arrivals “by a minimum” 15 percent per annum via the National Aviation Strategic Plan was yesterday hailed as “a noble objective” by sector participants.

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Grand Lucayan deal edges step closer

ACTING Prime Minister Peter Turnquest has indicated the government is nearer to finalising a Heads of Agreement with new partners in the relaunch of the Grand Lucayan hotel property under a new brand that will revive the island’s tourism sector. Whi

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Gray finding favour despite island infrastructure problems

DESPITE evident neglect and infrastructural needs throughout their community, voters in Acklins appear apprehensive about a potential future without incumbent MP V Alfred Gray.

Alarm voiced over cruise industry's Nassau bypass

A Bahamian destination provider yesterday voiced alarm that the cruise ship industry may initially bypass Nassau in favour of its private islands once it makes its COVID-19 comeback.

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Abaco holds its breath after Baker's Bay cases

ABACO residents say they fear there could be more COVID-19 cases on the island after two workers employed at Baker’s Bay resort tested positive for the virus this week, with one official calling for a “shut down” to avoid a surge.Roscoe Thompson told

Developer blasts 'last-ditch fishing expedition' effort

A Harbour Island developer is accusing the project’s opponents of embarking on a desperate “last-ditch fishing expedition” to obtain evidence from his former development manager. Michael Wiener, principal of 4M Harbour Island Ltd, is alleging that B

Correction

• On Page 7B in Tribune Business on Thursday, June 19, a photo of a sword recovered off the Berry Islands was captioned as having been recovered by Roger Miklos.

PM promises developers partnership on air access

Two government ministries will support Eleuthera resort developers to ensure there is sufficient air access to the island in accord with international standards, the Prime Minister has said.

Realtor negotiates Ministry relocation

NAI Bahamas Realty Commercial yesterday announced it has negotiated a lease of 21,000 square feet at East Bay Street’s Island Traders Building for a government ministry.

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Body of man found by jogger on Harbour Island beach, police investigating his death

POLICE are investigating after a man died on Pink Sand Beach in Harbour Island. He was found partially submerged in the sand by a jogger.

Bahamas Striping and MOW partner with local contractors for Eleuthera clean-up effort

THE Ministry of Works and the Bahamas Striping Group of Companies have partnered with 20 Eleuthera contractors to begin an island-wide clean-up campaign.

New Providence is hit by weekend of heavy rainfall

THERE were 6.18 inches of rainfall from Friday to Sunday morning in Nassau - above average activity, Chief Meteorological Officer Patricia Weeks said yesterday.