SCASPA Records Historic Full Year Operating Profit

Basseterre, St. Kitts – January 11, 2012 (SCASPA) – For the first time in over 14 years, the St. Christopher Air and Sea Ports Authority (SCASPA) has recorded an operating profit for the period ending December 31, 2011. This performance came on the heels of a series of interventions by the Board and Management to increase the productivity and improve the overall operating efficiencies while focusing on austere cost-cutting measures.

According to the CEO, Mr. Terrence Crossman, “SCASPA should be proud of this notable achievement having only months ago undergone a restructuring exercise.” The CEO also thanked the Board for the support given in attaining this feat. He made special mention of the staff who worked tirelessly to ensure that the goals set by SCASPA were achieved. “SCASPA has now positioned itself as a structurally sound organisation with the right metrics in place to ensure its long-term viability,” concluded CEO Crossman.

Chairman of SCASPA, Mr. Linkon Maynard, hailed this latest achievement by SCASPA as evidence that focused and strategic visioning and management can bear fruit even in the face of adversity and challenges. He praised the top management and staff for their dedication and hard work and expressed the hope that the achievement will serve as inspiration for even greater performance in the future.

Mr. Maynard also applauded the support received from the Government and in particular the Minister responsible for SCASPA, Mr. Ricky Skerritt, and the Minister of Finance, Prime Minister Douglas.