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WINAIR IN FINANCIAL DIFFICULTY – REPORTS IN, PM HOLDING DISCUSSION ON PROPOSALS.

pmwescotwilliams01122010Philipsburg:--- The honourable Prime Minister Sarah Wescot Williams said that the committee that was put together to look into the matters facing WINAIR has submitted their reports and she is expected to meet with the members of the committee to discuss the proposals they offered. Wescot Williams also said besides meeting with the members of the committee she intends to meet with the management of WINAIR to discuss the current situation of the company which she said needed urgent attention.
The Prime Minister promised that when the discussion is over she will release more information to the media on the status of WINAIR. However, she admitted that WINAIR is facing some serious financial problems.

TELEM SEEKING PARTNERS DISCUSSIONS TOOK PLACE---PM.

The Prime Minister also announced that she has met with the board representatives of TELEM where she was briefed. The Prime Minister said the company's restructuring can continue and TELEM has already held discussions with possible strategic partners. She said although progress has been made, the process is yet to be completed. The concept of the partnership has already been worked out the Prime Minister said and with that in place the negotiations has taken place with potential partners for them to team up.
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