Presentations - 3rd Growth and Resilience Dialogue With Social Partners

• You need lots of bodies: – Ships have very high running costs, which do not vary with passenger loads – Typical breakeven level 80-100 pax/voyage – A tall order for slim routes like ours • Let’s drive: – Would be big boost for Regional travel • Barbados is debatable:

Points to ponder:

– Sea conditions can be very rough – Would require larger, slower vessels

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Subsidy versus taxation: – Would ferry attract ticket taxes, like air transport? – Are subsidies feasible, given the Region’s fiscal challenges?