Guyanese Online

The government has given ailing state-owned Surinam Airways CEO, Gerard Lau, who took over a few months ago, three years to turn the company around, but with so many changes at SLM, there have been numerous plans by different CEOs to “turn the airline around.” Interestingly, there was no mention of part privatizing the airline or inviting Ethiopian or Turkish Airlines to take part ownership of SLM. This is just wishful thinking.

The old model for the past 30 years hasn’t worked and this is why aviation expert Tomas Clumeckhy is urging the airline to change its business model.

He said, “Surinam Airways can easily be running six to nine aircraft in the next three years, “doing the same things over and over again, and expecting different results” has to stop, the business model is broken, the corporate culture is broken, and there is no vision of the future.”

With mega oil and gas discoveries offshore Guyana, the country will surge economically and this is SLM’s comeback opportunity. SLM’s future depends on the Guiana Shield and Guyana can provide that lifeline for the ailing Suriname airline.    Continue reading →