Archive for October 7th, 2014
CAL to wetlease 30-seat plane
(CNS Business): Cayman Airways Limited (CAL) says it plans to obtain a 30-seat Embraer 120 “Brasilia†in mid-October 2014 to provide service between Grand Cayman and Cayman Brac under a wet-lease arrangement with InterCaribbean. The Embraer 120, with a top speed of 378mph and range of just over 1,000 miles, is fully equipped with galley and […]
After re-development, ORIA duty free shops will be tendered
(CNS Business): Although it is still quite far off, the Cayman Islands Airports Authority (CIAA) have said that once renovations to the departures area of the Owen Roberts International Airport (ORIA) are completed, as part of the major redevelopment of Cayman’s main airport, the duty free concession areas will be put to tender. The CIAA said […]
CEC pays for premier’s Vegas trip
(CNS Business): Cayman Enterprise City stumped up the cash to send Premier Alden McLaughlin to Las Vegas last month, hoping to win new business for Cayman at a three-day technology conference, officials said. The premier addressed an audience of more than 30 CEOs of technology brands, telling the positive story of the islands, and also […]
New diesel generators will reduce power bills
(CNS Business): The US$85 million contract to produce 36 MW of incremental generating capacity on Grand Cayman is the largest single project that Caribbean Utilities Company (CUC) has ever undertaken, President and CEO Richard Hew said following news that CUC had out bid its competitors, DECCO (Dart Group), which submitted two proposals, and the Louis […]
Cayman Brac student is new Tourism Ambassador
(CNS Business): Katherine Tatum, a student of Layman Scott High School, topped the 2014 Tourism Speak Off’ debates held at The Ritz-Carlton, Grand Cayman on Wednesday, 24 September and was crowned ‘Tourism Ambassador’, to serve for a period of one year. Kayci McCarther representing Grace Christian Academy, and Monike Buck and, Max Pairaudeau from Cayman Prep […]
Convicted money launderers now whistleblowers
(CNS Business): Canadian investment advisor Eric St-Cyr, who was working from a Cayman Islands-based financial services firm, and Patrick Poulin, a Canadian attorney based in the Turks and Caicos Islands, were both sentenced Friday to serve 14 months in prison and three years of supervised release for conspiring to launder money. The two men are […]
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