JAGS Aviation commissions new $1B helicopter

With more than 110 locally registered aircraft now operating in aviation industry, the sector continues to attract private investment.

The latest addition is a brand-new Bell 407 helicopter costing over $1 billion. The new helicopter was officially commissioned on Monday by Minister of Public Utilities and Aviation Deodat Indar. It joins the fleet of Jags Aviation Inc, a member of the BK Group of Companies. This investment supports President Dr. Mohamed Irfaan Ali’s vision for an expanded aviation industry capable of meeting the country’s growing transportation and development needs.

Minister Indar said the investment reflects a notable shift with operators increasingly moving away from refurbished, pre-owned aircraft towards the acquisition of brand-new assets. He noted that the growing fleet of fixed- and rotary-wing aircraft demonstrates increased private-sector confidence and a willingness to invest in Guyana’s emerging opportunities. “This particular asset sends a signal that we are gearing ourselves up for the transformation of the country,” the minister said.