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Sovereign Airspace Agreement Progressing
NASSAU, BAHAMAS – Last year, the then Minnis administration signed an historic Air Navigation Services Agreement with the United States Federal Aviation Administration for the monitoring of The Bahamas’ sovereign airspace.
NASSAU, BAHAMAS – Last year, the then Minnis administration signed an historic Air Navigation Services Agreement with the United States Federal Aviation Administration for the monitoring of The Bahamas’ sovereign airspace.
The deal is for ten years.
It was projected that the country could collect up to $350 million from overflight airlines over the ten-year period.
On Monday, Acting Prime Minister and Minister of Tourism, Investments and Aviation, Chester Cooper said the agreement is proceeding.
Before the signing of the agreement, the U.S. provided air navigation services for about 75 percent of The Bahamas’ sovereign airspace, while Cuba controlled the remainder, which meant overflight fees were paid directly to the FAA and Cuba.
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