Minister: Skyport Implement 6.2% Increase

February 8, 2022 | 2 Comments

“Skyport has decided that now is the best time to implement a 6.2% increase in regulated airport fees,” Minister of Transport Lawrence Scott said, adding that Government believes this “contributed to airlines relegating Bermuda to a seasonal destination.”

Speaking in Parliament on Friday, Minister of Transport Lawrence Scott said, “Our Air Service Development Strategy positions Bermuda to welcome an estimated 500,000 to 650,000 travellers through the L.F. Wade International Airport over the 2022/2023 fiscal year.

“Covid is not the only challenge this Government faces for economic recovery, given that Skyport has decided that now is the best time to implement a 6.2% increase in regulated airport fees.

“This Government believes the premature announcement of such an increase has contributed to airlines relegating Bermuda to a seasonal destination. Industry experts have stated that this increase places Bermuda’s passenger fees amongst the highest in the world.

“It is a shame that we are locked into this contract with Skyport as it hinders our competitive advantage in addition to the millions of dollars paid for Minimum Regulated Revenue Guarantees and now increased cost for airlines doing business in Bermuda.”

We asked Skyport for comment and will update if able.

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Comments (2)

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  1. unknown800k says:

    Sounds just like the TA form and safekey, just a different account

  2. trufth says:

    Nice try. We all know this is NOT the reason why airlines are “relegating Bermuda to a seasonal destination only.”
    But hey, nice try.

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