Company name
Air Services Limited
Project number
15114-01
Category C projects are those that are likely to result in very limited or no adverse environmental or social impacts or risks.
E&S category
C
Country
Guyana
Sector
Transport
Status
Proposed
Disclosed date
02/28/2025
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
04/30/2025
Approval date
N/A
Signed date
N/A
Sponsoring entity
N/A
Investment Operations Department Contact
Infrastructure and Energy Division
Investment type
Syndicated amount
N/A
Financing amount
USD $ 5,000,000
Currency
USD
Project scope and objective
Air Services Limited (ASL) is a leading domestic airline in Guyana, operating since 1957 with a fleet of 25 aircraft. Based at Ogle International Airport, ASL serves 17 locations within Guyana, transporting over 50,000 passengers annually. The company holds ISO 9001:2015 certification and adheres to international standards. This transaction involves a $5 million senior secured loan to acquire two Cessna Grand Caravan EX 208B-TBD aircraft for passenger and cargo transport between Georgetown and remote Indigenous communities. The acquisition of the two aircraft will enhance airport infrastructure and improve rural connectivity, thereby facilitating better access to essential services and economic opportunities.
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Contact information
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Request informationAlternatively, you may also use the following contact information :
Client Contact
maleeka.ally@aslgy.com
PHONE NUMBER
592-222-1234
POST OFFICE ADDRESS
Eugene F. Correia International Airport, Ogle, East Coast Demerara, Guyana
IDB Invest Contact
requestinformation@idbinvest.org
PHONE
+1(202)-566-4566
ADDRESS
1350 New York Ave NW, Washington, DC 20005
COUNTRY OFFICES
IDB Invest Country OfficesIndividuals or communities can submit complaints and concerns related to environmental, social, or corporate governance issues to the Management Grievance Mechanism by e-mailing mgm@iadb.org or by calling +1 202 312 4040.
As a last resort, affected communities have access to the IDB Invest Independent Consultation and Investigation Mechanism by writing to mecanismo@iadb.org or MICI@iadb.org or calling +1(202) 623-3952.
IDB Invest has zero tolerance to reprisal or retaliation against anybody who voices its opinion or opposition to IDB Invest-financed projects.
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Request informationLearn more about how we provide private-sector solutions in the region .
Environmental and social review
IDB Invest conducts an environmental and social due diligence (ESDD) commensurate with the nature, scale, and stage of the project, and with its level of environmental and social risks and impacts. The ESDD will confirm the project E&S categorization and assess the project with respect to the client requirements in IDB Invest Environmental and Social Sustainability Policy. The results of the ESDD, including any identified gaps are described in the Environmental and Social Review Summary (ESRS) provided below. For projects approved as of 2016, any gaps with respect to IDB Invest's Environmental and Social Sustainability Policy at the time of the ESDD are addressed in the Environmental and Social Action Plan (ESAP) presented below, to comply with the date mentioned above.
ASL EXPANSION - ENVIRONMENTAL AND SOCIAL REVIEW SUMMARY (ESRS)
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