Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1698080727803.pdf (Seychelles)
Verbatim Report NAS Sitting Tuesday 02nd February 2021 NATIONAL ASSEMBLY OF SEYCHELLES Tuesday 02nd February, 2021 The Assembly met at 9am National Anthem Moment of Reflection Mr Speaker in the Chair ava Nou MR SPEAKER Mersi.

Bonzour tou Manm e bonzour nou lodyans an deor lasal.

pran Prezantasyon Dokiman.

Avan lo, mon demann nou al Madanm Deputy Clerk, i annan enn de bann size, ti bann papye ki'n ganny mansyonnen yer swar dan Nouvel SBC, koman item lo Order Paper pou diskite par Lasanble.
Sa i serten sa bann keksoz in ganny mansyonnen i zis dokiman, ki nou pe met devan Lasanble la pou le moman, pou napa deba lo la.

Nou'n anvoy en pti mo SBC pou montre zot, pou donn en pti rektifikasyon, si i pou annan deba bann Manm i kapab lev sa bann size lo la, pli tar.

Madanm Prezantasyon silvouple?

Deputy, Dokiman MADAM DEPUTY CLERK Mersi Mr Speaker, bonzour tou Manm Onorab e tou dimoun a lekout.

Prezantasyon Papye i comme swivi: - Annual Financial Statement for the Year Ended 31st December 2019.
Report on the Conduct of the 2020 Presidential and National Assembly Elections.

Special Audit Report on Land Deals and Transactions between the Government and the United Seychelles Political Party.

S.I.2 of Broadcasting 2021, and Telecommunications (Records of Customers of Prepaid Mobile Services by Operators of Public Network) Land (Amendment) Regulations, 2021.

Mobile S.I.

3 of 2021, 7% 3 year Treasury Bond Debt Order, 2021.

S.I.

4 of 2021, 8% 5 year Treasury Bond Debt Order, 2021.

S.I.
S.I.

5 of 2021, 10% 7 year Treasury Bond Debt Order, 2021.

S.I.

6 of 2021, Value Added Tax (Amendment of First Schedule) Regulations, 2021.

S.I.

7 of 2021, Licences (Miscellaneous Services) pg.

1 Verbatim Report NAS Sitting Tuesday 02nd February 2021 (Amendment) 2021.

Regulations, S.I.8 of 2021, Environment Protection (Ozone) (Amendment) Regulations, 2021.

S.I.9 of 2021, Environment Protection (Environment Levies) (Amendment)Regulations, 2021.

Mersi Mr Speaker.

MR SPEAKER Mersi Madanm Deputy.


An konsiltasyon avek Leaders le de kote dan ABC, mon’n deside sanz Lord Biznes dan nou Lasanble, pou ozordi e sa se pou permet nou pran size Air Seychelles, swivan lapel ki Prezidan Larepiblik ti demande pou annan en deba Nasyonal lo la.

i devret E mon santi ki Lasanble Nasyonal, pran responsabilite pour al premye dan sa deba.
Alor nou ti dakor pou met sa size, premye lo nou order of business pou sa semenn, avan leres business parey kestyon ki nou pou pran demen apre midi.

Alor pou nou entrodwir sa size, mon ava apel Leader Business Gouvernman dan Lasanble Onorab Georges.

Yes, wi.

Wi, Onorab Pillay.

HON SEBASTIEN PILLAY Mersi Mr Speaker.

Mr Speaker avek ou permisyon avan ki nou entrodwir sa size, mon oule raise en matter of privilege an relasyon avek Lartik 85 nou Konstitisyon.
E en size ase serye ki pou vin devan nou Lasanble, akoz serten lanons ki'n fer par Prezidan Larepiblik yer.

Premyerman, Mr Speaker mon raise sa matter of privilege akoz Lartik 85 i donn nou Lasanble pouvwar Lezislatif.

Savedir pouvwar pou ou fer bann lamannman dan Lalwa e bann Lalwa i bezwen vin devan Lasanble.
Apre ki mon’n ekout Prezidan Larepiblik yer Mr Speaker, i paret ki sa bann desizyon i pe fini ganny pran e ki Lasanble pou bezwen zis endorse sa bann desizyon, akoz mannyer Gouvernman pe propoz fer li, i pa'n koz li koman propozisyon, me in koz li koman desizyon ki'n fini ganny pran e aksepte.

E mon krwar Mr Speaker sa i en, dan mon lopinyon i mank respe pou nou Lasanble, akoz se nou Lasanble ki ti pou bezwen bann Prozedlwa.
debat sa E sa i fer ki akfer prezan nou pou annan en legzersis debat Prozedlwa, si lot kote latab avek Gouvernman in fini agree lo sa bann sanzman, san pg.

2 Verbatim Report NAS Sitting Tuesday 02nd February 2021 menm ki sa bann Lalwa i vin devan nou Lasanble.

Akoz serten sa bann Lalwa pou demann sanzman legal, mazer, ki nou pou bezwen esansyelman bezwen fer en deba lo la.

Act, Mon pa ti ava kontan Mr Speaker ki nou Lasanble i vin en rubber stamp.
Me kot sa i kree en pli gro problenm ankor Mr Speaker, set akoz ler nou regard nou Lalwa Bidze, nou nou Appropriation Appropriation Act in fini montre dan sa bann Heads e sa bann Heads i egziste ozordi legalman anba en stati legal.

Pou mwan sa legzanp Mr Speaker annou pran par egzanp STB.

Nou pe vot R142milyon pour STB, me esansyelman STB pou nepli egziste an Fevriye or Mars or dan sa dele letan sa short time frame ki la.

ilistre Sa i fer ki sa 142milyon pa pou ankor kapab, pa pou ganny mete anba STB.
I bezwen ganny mete anba Minister Tourizm.

Me Bidze en Minister Tourizm Mr Speaker, i bokou pli ba ki sa.

E sa pou fer ki konsolide pozisyon finansyerman Minister Tourizm pou par bezwen monte 142milyon.

E sa pou mwan i montre Mr Speaker ki Gouvernman in i pran sa desizyon apre, menm ki'n anvoy Bidze kot Lasanble, akoz si sa desizyon ti’n ganny ti ava pran pran avan konsiderasyon sanzman ki le fer.
STB ti ava ganny larzan pou trwa mwan, e sa pozisyon konsolide finansyerman ti ava ganny mete anba Minister Tourizm.

Sa ki nou pou bezwen prezan fer, se ki nou pou bezwen annan en amendment to sa Bidze ki nou pe al prezante e sa i fer mwan demann mon from en lekor Mr Speaker pwennvi Lasanble, privilez akfer prezan nou pou al debat Bidze akoz serten sa bann antite ki'n koz la pour disparet, zot pou nepli egziste e zot pou bezwen antre anba bann Minister ki sa bann Minister pozisyon bidzeter pou sanze?
lo E Konstitisyon i kler an relasyon avek bann Heads dan Bidze, ki mannyer sa i kapab ganny sanze.

So, mon ti ava enplor lo lot kote latab pou diskit avek zot Gouvernman pou kwa egzakteman ki Gouvernman i anvi fer, avan ki nou entame en diskisyon dan Bidze ki pou mwan i pou vin en legzersis initil.

klarifye nou Akoz zisteman sa bann sanzman ki pe ganny propoze e pg.
3 Verbatim Report NAS Sitting Tuesday 02nd February 2021 ki paret ki lot kote latab, zot in aksepte san menm vwar sa bann Lalwa vin devan Lasanble.

Mon ti ava kontan Mr Speaker met sa lo latab ozordi e ki ou konsider sa koman en attempt lo privilez Lasanble.

Mersi Mr Speaker.

MR SPEAKER Mersi, Onorab Pillay.

Onorab Georges, ou anvi adres sa.

HON BERNARD GEORGES Wi, Mr Speaker.

Ordinerman nou pa entervenir, napa deba lo en matter of privilege.
Me mon krwar ki etandonnen ki Onorab in Leader mansyonn, nou kote latab a plizyer repriz, i neseser ki mon fer en pwen lo sa ki in dir.

Lopozisyon Premyerman, pa'n annan okenn konsiltasyon avek nou dan Lasanble, e sa i absoliman akoz nou pe viv dan en sistenm kot separasyon pouvwar ant Egzekitiv avek Lezislatif.

annan i annan pouvwar Lezislatif.

Sa ti premye pwen.
Sa ti premye pwen.

Dezyenm keksoz ki mon krwar ki nou bezwen met lo latab, se ki dan lafason ki Onorab Leader Lopozisyon li menm li in donn en legzanp, i kler ki sa ki Egzekitiv pe fer, se i pe pran serten desizyon administrativ parey i bezwen fer.

E i pe pran sa dan en konteks an deor diskisyon avek nou e an deor diskisyon avek Bidze.

i pou A en nenport ki moman en bezwen ladministrasyon, kapab pran desizyon pou sanz direksyon sanz pei, direksyon serten keksoz ki i pe fer.
E an fonksyon sa, Lalwa i ava ganny sanze e Bidze i ava ganny allocate.

absoliman i Donk apropriye, ki Egzekitiv in fer, sa ki i pe fer, dan lafason ki i pe fer.

E a plizyer repriz mwan mon’n ekout Prezidan in dir, sa pou nesesit en sanzman dan Lalwa.

Donk mwan parey Onorab Leader Lopozisyon.

Mon’n tann Prezidan pou premye fwa yer lo televizyon, e se la kot mon’n aprann ki sa bann desizyon ki ladministrasyon, i propoze pou pran.
Tel parey i zot manda akoz pouvwar Egzekitiv i dan zot lanmen, nou E i kler donk ki si sa i nesesit en sanzman dan Lalwa, sa Lalwa i ava vin devan nou e nou ava deside si pou aprouve, si pa pou aprouve, e an fonksyon sa ki nou pou fer isi Egzekitiv i ava pran son desizyon.

Mon pa vwar ki privilez Lasanble in ganny afekte dan pg.

4 Verbatim Report NAS Sitting Tuesday 02nd February 2021 okenn fason.
Egzekitiv in pran son desizyon, e Lasanble prezan ava debat lo bann desizyon, kot Lalwa bezwen sanze, ler sa i vin devan nou.

i ava kontinyen E parey Onorab Leader Lopozisyon in dir, an atandan Bidze lo sistenm aktyel, e non pa lo sistenm e ki ladministrasyon in met devan nou koman bann sanzman yer.

Mersi Mr Speaker.

MR SPEAKER Mersi.

Onorab Pillay, wi.

HON SEBASTIEN PILLAY Mersi Mr Speaker.

Mr Speaker mon krwar Onorab Georges ek mwan menm in ekout en totalman diferan Ladres.
Me sa ki bezwen ganny dir Mr Speaker Konstitisyon i prevwar pou ki Lasanble pa kapab proceed lo varyasyon en Head dan Appropriation Act unless sa i ganny sinifye par en warrant en laprouvasyon par Egzekitiv.

oubyen Nou'n ganny nou en Bidze, ki dir ek mwan par egzanp ki SAA i sipoze ganny R68.

238milyon.

Nou'n ganny dir par Prezidan Larepiblik ki SAA pou vin, i pa'n dir en propozisyon, i dir i pou vin en departman oubyen en divizyon anba Departman Lagrikiltir.
Sa pou fer ki pozisyon konsolide Minister Lagrikiltir pou sanze e son Bidze pou ogmante otomatikman.

Sa ki mon pe met devan Lasanble, i se ki nou pe vot pou en Bidze, me sa bann sa bann Heads ki nou pe vot lo la pou nepli egziste an Fevriye ouswa an Mars.

Sa ki devret pe ganny fer e se ki Gouvernman pe devret komans mazin lo anmenn en amended budget - en keksoz ki lot kote ti dir pa kapab ganny fer ler zot ti sa kote latab.

Akoz pour sa kapab vin pli prop Mr Speaker.


Mon ti ava enplor ou, enplor ou osi pou fer, pou konsider e konsilte lezot lotorite lo nou Konstitisyon.

Akoz mon santi poudir sa aksyon ki nou pou pe fer koman en Lasanble, diskit en Bidze e menm anmenn STB devan Lasanble, oubyen anmenn lezot antite devan Lasanble, i pou en legzersis ki pou vin initil oubyen futile.

Mersi Mr Speaker.

MR SPEAKER Mersi Onorab Ok, mersi.

Lopozisyon ok. Leader Lopozisyon.


Ok, mon ava demann Biznes Leader Gouvernman dan Lasanble pou li pran eklersi avek Gouvernman lekel responsabilite pou pg.

5 Verbatim Report NAS Sitting Tuesday 02nd February 2021 sa bann Lalwa, ki nou pou bezwen konsidere.

E osi eklersi avek Minister i pou Finans, ki mannyer prosede avek sa bann sanzman, ki pou neseser lo la.
E antretan Leader Lopozisyon mon ava aksepte ou sizesyon, ki mon konsilte expert lezot konstitisyonnel, pou regarde egzakteman kote nou stand dan sa sityasyon.

Onorab Georges, ou anvi.

HON BERNARD GEORGES Wi, Mr Speaker mon ava fer sa ki ou'n demann mwan fer avek gran plezir.

Me mon bezwen dir ki, sa ki Onorab Leader Lopozisyon pe fer, i pe met sa kales devan seval, e prezan kekfwa nou realize ki mannyer sa kales in arive pou li kas dan sa kantite.

Mersi.

(APPLAUSE) MR SPEAKER Ok. Mersi bokou.


Nou ava kontinyen avek size ki mon ti’n leve.

Onorab Georges ou pare pou dan Lasanble lo Air Seychelles?

entrodwir size HON BERNARD GEORGES Wi, Mr Speaker, mersi bokou.

nou Mr Lasanble in ganny demande parey ou'n fek dir.

Eskiz mwan Speaker ozordi avan ki mon al pli devan.

Les mwan salye ou Mr Speaker, salye bann Manm Lasanble e osi bann dimoun deor ki pe ekout nou.
Mr Speaker efektivman parey ou'n dir taler, ozordi nou Lasanble e demen ziska midi, nou pou regard sa size Air Prezidan ki Seychelles Larepiblik in demann nou regarde.
E nou'n deside fer sa dan konteks en Mosyon ki mon pe anmennen ozordi e sa Mosyon i lir comme swivi:- e swe envit Swivan konsider Prezidan Larepiblik ki Lasanble Nasyonal i sityasyon Air Seychelles, e reaksyon bann Manm ki’n swiv, Lasanble i deside ekout reprezantan Management Air Seychelles, staff Air Seychelles, Minister Finans e Minister Transpor Gouvernman, avek bi konpran ek bann loportinite sa lakonpannyen, e fer okenn reprezantasyon avek Gouvernman lavenir Air lo Seychelles.
defi Donk Mr Speaker sa Mosyon, sa ki sa Mosyon pe demande se ki nou, koman en Lasanble nou ekout bann reprezantan sa 4 seksyon ki mon'n mansyonnen;- Management, Air Seychelles, Staff Air Seychelles, Minister Finans ek Minister Transpor, pg.

6 Verbatim Report NAS Sitting Tuesday 02nd February 2021 pour ki sa Lasanble i annan en apersi konplet, lo sityasyon Air Seychelles, lo son bann defi ki nou tann koz bokou lo la.

E lo son bann loportinite ki ankor enn fwa zot ava met devan nou ozordi.
Dan en fason ki ansanm koman en Lasanble, nou ava kapab, anvoy kot Gouvernman, kot Egzekitiv ki pou bezwen pran en desizyon lo fitir Air Seychelles.

Otan lenformasyon ki nou kapab gannyen, otan lide ki nou kapab mont avek koman en Lasanble, akoz i nou rol fer sa, lide legzersis anmenn ansanm, pou ed Egzekitiv dan son desizyon.

Mon mazinen ki Prezidan Larepiblik in anvi al dan en fason pridan, lo sa size Air Seychelles.

Akoz vreman i en size ki emosyonnel.

I en size ki tous nou popilasyon an antye.


E bokou fanmir akoz zot annan lyen direk avek Air Seychelles, oubyen lyen endirek, me ki osi demann nou pou revwar dan konteks nou Lendistri Touris atraver COVID, ki pozisyon nou airline Nasyonal pou pran?

Eski i pou kontinyen mannyer i ete?

Eski i pou kontinyen dan en lot fason, oubyen eski i pa pou kontinyen ditou?

E mon krwar se sa bann defi ki devan, non selman Gouvernman, me ki osi devan Air Seychelles ozordi.
bann E nou, nou'n ganny apele reprezantan koman Lepep, pou nou fer en sentez, tou sa bann defi, tou sa bann loportinite, tou sa bann diferan konsern ki diferan lazans, e diferan dimoun konsernen i annan.

en E ariv a en pozisyon kot demen ler nou'n fini nou deba, seri nou ava annan propozisyon ki nou kapab anmenn devan Gouvernman.

Swa pou donn Gouvernman en direksyon, me se pa sa ki nou'n ganny demande pou fer.
Swa devan zis Gouvernman, tou bann kart ki nou krwar koman en Lasanble, reprezantan Lepep Seselwa, tou bann kart ki nou krwar ki Gouvernman i bezwen pran konsiderasyon ler i pe arive fer son desizyon.

pou etal Mr Speaker, i annan fason pou debat sa plizyer Mosyon e pou ariv a en konklizyon.

E nou’n sanse, dan Assembly Business Committee an diskisyon avek le de kote latab, anba ou Chairmanship, nou'n sanze ki nou kapab ariv lo en konsansis, lo lafason ki nou pou travay.
E sa ki nou'n deside fer Mr Speaker, se ozordi ekout parey Mosyon i demann nou fer, akoz pg.

7 Verbatim Report NAS Sitting Tuesday 02nd February 2021 nou'n envit zot, ekout bann, sa reprezantan sa 4 brans, sa 4 lorganizasyon, sa 4 areas.

E ler ki nou’n fini ekout zot ozordi, demen kapab kontinyen lo debat lo sa Mosyon e ariv a en konklizyon.

nou ava Mosyon li menm li, i pa konklir, akoz sel keksoz ki Mosyon i demann nou fer se pas legzersis.

Envite, atraver en ekoute, ansanm e met reprezantasyon.
Sa ki nou pou bezwen fer koman en Lasanble e mon mazinen nou bezwen fer sa lo demen, se trouv en model lo ki mannyer, sa Lasanble pou anvoy sa bann reprezantasyon kot Gouvernman.

Me mon krwar ki sa i arive in due course.

E mon pa vwar, ki annan kontestasyon.

Mon okenn krwar ki koman en Lasanble nou ava tonm dakor lo lafason ki nou pou prezant sentez nou deba avek Egzekitiv.

E donk Mr Speaker, mon deba anvi monopoliz pa bomaten, akoz parey nou'n deside, parey mon fek dir deba vin demen bomaten.
pou Ozordi i plito en sesyon fact finding.

E lafason nou pe propoze ki sa i ale, se ki enn par enn sa 4 seksyon ki nou'n demande, i ava vin devan nou Lasanble.

E pandan en peryod letan, ki’n ki ou ava defini Mr Speaker.

Nou ava ekout zot e nou ava interact avek zot, dan en fason ki ler lazournen nou'n ariv lafen interact ozordi nou'n kapab avek tou le 4 sa brans.

E donn zot sakenn en letan egal, pou zot interact avek nou.

Etandonnen ki se sa, nou fason ki nou'n prevwar ki nou pou travay Mr Speaker.
Sa ki mon bezwen fer bomaten, se trouv en fason ki nou pou postpone sa deba.

E antre dan en enteraksyon avek sa kat seksyon ki mon’n fek koz lo la.

E mon pe propoze donk Mr Speaker, ki mon ava fer sa osito ki Mosyon i ganny segonde, akoz nou pa kapab annan 2 Mosyon ki ouver at the same time.

Osito ki Mosyon i ganny segonde mon ava fer en lot Mosyon pou, ki pou permet nou interact avek sa bann dimoun.
Donk pou le moman Mr Speaker, mon ti ava kontan zis fini avek en dikton Franse, ki mon krwar i tre apropriye dan sa letan ki nou ete lo Air Seychelles e sa dikton i dir “du choc des ideés jaillit la lumière.” Anmezir ki bann nide i konekte e i tap ek kanmarad lalimyer i sorti.

Donk mon krwar, se sa ki nou pe ganny apele pou fer ozordi, se anmenn tou lide, pa per pou pran en pozisyon pour pg.

8 Verbatim Report NAS Sitting Tuesday 02nd February 2021 lo ou kont.
Mon krwar se sa ki nou pe demande pou fer, dan en fason ki atraver sa lesanz sityasyon Air lalimyer Seychelles, ava sorti.

Pa zis pou nou, me pou bann dimoun ki pou bezwen deside.

Avek sa detrwa parol Mr Speaker, I beg to move.

MR SPEAKER Mersi Onorab Georges, mon krwar nou pa pou bezwen deba lo sa size.

Me selman mon ava envit Leader Lopozisyon pou azout serten komanter si i ti ava kontan.

Nou ava fer sa, avan nou segonde e vote, korek?

Ok, Onorab Pillay.
Ok, Onorab Pillay.

HON SEBASTIEN PILLAY Mersi Mr Speaker e mersi pou donn mwan loportinite pou fer detrwa pti komanter, byen bref lo sa size ki pe vin devan nou Lasanble ozordi.

Mr Speaker, Onorab Georges i korek poudir ki ler nou ti zwen dan sa miting ABC, sa desizyon ki nou ti pran ti apre ki ti’n annan deba dan Lasanble Nasyonal lo sa size.
Me sa ki'n tre dezapwentman pou mwan Mr Speaker, se ki apre ki Lasanble ti’n pran sa lapros pou nou travay an kolektivman, pou nou kapab ganny en solisyon, oubyen fer serten propozisyon, nou ti vwar en News Extra, kot bann O Zofisye Gouvernman sirtou Minister Finans, ti vin devan e kareman koz lo en lapros ki Air Seychelles i en loss cause.
E sa Mr Speaker, malgre ki bann Manm lot kote latab i annan serten zot ki pe regard mwan, mon krwar pou nou i neseser ki nou montre poudir i bezwen annan senserite dan sa ki nou pe fer.

Si nou pou angaz nou dan sa legzersis bomaten ki pou nou lo sa kote latab, i vreman enportan, nou ti ava kontan ki annan senserite, akoz nou anvi si nou partisip, dan sa prosesis.
I pa vin zis en charade kot apre bann dimoun ki’n vin la i ava fer bann propozisyon, oubyen ava pour their hearts out parey Angle in dir e apre Gouvernman li in fini pran en desizyon.

Mon dir sa Mr Speaker, akoz i neseser pou Gouvernman konpran ki koman en Lasanble nou pe pran en size serye, e nou pe anmenn dimoun devan nou Lasanble pou zot koz lo en size serye ki pou zot sa bann dimoun i tre serye, e i tre enportan.

E ki zot pe fer zot mye pou prezant ek nou the best way forward.
Ceci dit Mr Speaker, mon ti’n osi ekrir ou Lofis pou demann ou pou konsidere envit Kaptenn David Savy ki'n enn pg.

9 Verbatim Report NAS Sitting Tuesday 02nd February 2021 CEO Air former bann Seychelles.

in E enn bann personnalite ki'n toultan annan bann kestyon ganny demande, ki ti ava dan en pozisyon pou osi reponn serten kestyon.

Mon pa konnen ki desizyon Lasanble ou menm ou Lasanble zot in pran lo la.
Me selman mwan mon krwar poudir maximum input ki nou kapab gannyen, pou nou fer tou fason pou nou sey sov, e la mwan mon dir nou pozisyon, sey sov nou Air Seychelles.

I neseser pou ed nou.

E mon ti ava kontan met lo rikord Mr Speaker ki Air Seychelles pou nou Mr Speaker i parey en zwazo e ler ou anras li son lezel konponan son ki enternasyonal, ou pe anras li son laliberte.
pou Ler nou'n antre dan lobby deor nou'n vwar sa zoli, sa zoli montaz lo sa video, lo sa televizyon deor ki montre bann progranm pou lazournen, ki montre Air Seychelles avek sa bann kouler vibran, bann kouler Seselwa, bann kouler Kreol.

Lasanble Ki mon krwar nou bezwen regarde, nou bezwen konsider tou sa ki nou kapab fer pou nou propoz solisyon ki ed nou bouz devan.

So, Mr Speaker si nou fer sa legzersis an tout senserite e Gouvernman an tout senserite, i pare pou ekout sa ki Lasanble i fer.
Mwan ek mon kote latab nou pare pou nou partisipe.

Me si sa ki nou fer pou en legzersis dan futility Mr Speaker nou pou osi dir Gouvernman.

Mersi Mr Speaker e mon swete ki bomaten nou ava kapab annan en enteraksyon ki friktye, e ki bann dimoun ki vin devan Lasanble, i ava kapab met zot pwen devan, prezant bann loportinite, bann challenges bann langazman, ki nou kapab fer pou nou kapab avans sa deba pli devan.

Mersi Mr Speaker.

donn e MR SPEAKER Mersi Onorab Leader Lopozisyon.


Mon ava envit bann Manm pou nou, met a kote pou le moman bann deklarasyon ki Manm Gouvernman in kapab fer.

Annou regard sa size afresh dan nou Lasanble.

E avek sa mon ava demann segonnman sa Mosyon silvouple?

Yes, Onorab Romain.

HON GEORGES ROMAIN Bonzour Mr Speaker.

Bonzour tou bann Manm koleg Onorab.

segonn Mr Speaker mon Mosyon.

pg.


10 Verbatim Report NAS Sitting Tuesday 02nd February 2021 MR SPEAKER Mersi Onorab, eski nou ava vot lo Mosyon, tou bann ki an faver?

Lev lanmen silvouple.

Mersi okenn kont?

Mon krwar, Mosyon in pase par sa.

Mon ava lir rezilta.

Les mwan anons sa 32 Manm in vot pour, 0 kont e 0 abstansyon, alor Mosyon in pase.

Alor mon ava envit Onorab Georges pou kontinyen avek lafason ki nou pou prosede.

Mersi.

HON BERNARD GEORGES Mersi Mr Speaker.


Annefe Mr Speaker nou'n vot lo premye parti sa Mosyon.

E sa se ki nou pou envit sa bann dimoun vin devan nou Lasanble.

E sa donk i anmenn mwan lo ki mannyer nou pou fer sa.

Anba Order 84 nou Standing Orders, mon pe move en Mosyon ki nou fer san ki okenn deba i ganny fer lo sa.

Motion Without Notice, ki Lasanble ozordi ek, ozordi sirtou, i resolve son lekor dan en Committee of the Whole Assembly pou konsider sa size ki devan nou ozordi.
Donk mon Mosyon se en Mosyon without question put, ki sa Lasanble i resolve pou vin en Komite Lasanble.

Sa ki ava permet nou prezan annan dimoun dan nou Lasanble ki pa Manm, e interacts avek zot.

Mersi Mr Speaker.

MR SPEAKER Mersi mon demande ki Mosyon segonde.

Onorab i Arissol.

ganny HON SANDY ARISSOL Mr Speaker bonzour.

Bonzour tou bann Manm, tou dimoun ki a lekout.


Mr Speaker mon ti a Mosyon segonn kontan anmennen Onorab par Georges, zisteman pou nou kapab ganny sa bann group dimoun deor, pou nou kapab ganny en pe lalimyer parey sa dikton Franse in dir lo size Air Seychelles.

Mersi bokou.

MR SPEAKER Mersi Onorab Arissol.

Nou a vot lo Mosyon.

Bann ki an faver silvouple lev lanmen.

Mersi.

Kont?

Mosyon in aprouve avek 32 vot pour, 0 kont, 0 abstansyon.
Avek sa le moman in arive e mon a dir premye group partisipan ki nou pou annan dan Lasanble ozordi avek nou.

I en group Staff Air Seychelles.

Nou a demande ki zot ganny envite dan lasal.

Bon bonzour tou dimoun e byenveni dan Lasanble.

Mersi pou zwenn nou ozordi.

Mon pou entrodwir bann partisipan ki avek nou.

E mon a demann zot, akoz mon pa tro familye avek pg.

11 Verbatim Report NAS Sitting Tuesday 02nd February 2021 zot tou personnelman.

Mon a demann zot pou lev lanmen letan mon apel zot.
Nou annan Mr Steve Khan, ki dan Departman Finans Air Seychelles.

Lekel Mr Khan?

Lev lanmen silvouple.

Mersi.

Nou annan Mrs Juliette Pascal dan Departman Cargo.

Mersi Madanm.

Nou annan Mr Herve Morel, Flight Operations Department.

Mersi.

E Mr Antoine Francois, Engineering Department.

Mersi.

Alor mannyer nou pou prosede se nou pou envit bann partisipan ki'n pare pou fer en prezantasyon ki zot oule.

Nou demann zot gard li ase kourt.


E apre sa lasal i a ouver pou kestyon avek komanter lo sa ki bann partisipan in prezante.

Mon pa pou set limit letan.

Me selman mon a demann tou Manm ki demann kestyon oubyen fer komanter.

Zis fer li direk kourt.

Pou nou annan letan pou otan dimoun ki pare, ki entervenir.

Panel silvouple, lekel ki ti a kontan komanse?

Lekel ki'n prepare pou komanse please?

Yes, Mr Khan.

anvi STAFF SEYCHELLES AIR MR STEVEN KHAN Mersi Mr Speaker.
Bonzour Mr Speaker, Clerk, Deputy Clerk, e tou bann Manm Onorab.

Mersi pou resevwar bann staff Air Seychelles ozordi pou zis kit lavenir nou National Airline.

dan Airways Mon apel Steven Khan e mon travay Air Seychelles depi 2017.

Avan sa mon ti baze en Etihad progranm Air Seychelles, Etihad pou en Management Graduate program.

Mon dan Departman Finans e mon travay avek Bidze e forecasting pou lakonpannyen.
travay Ler mon ti fek komanse avek Air Seychelles an 2017, nou ti operate 2 avyon long haul, e 2 avyon short haul.

Sa 2 avyon long haul ti al bann larout Lerop, ki enkli Paris en Dusseldorf.

Operating cost pou sa bann A330 ti vreman o, e nou'n loss press en experience $45milyon dan sa lannen.

Sa pa ti sustainable pou en pti airline parey nou.

Nou ti travay lo en restructuring plan.

Letan nou ti tir sa bann A300 ki fer long haul operations, nou reveni ti redwir konsiderableman.
Me nou cost ti desann bokou plis.

Savedir, sa bann A300 ki ti pe kou nou plis ki sa revenue ki nou ti pe gannyen.

pg.

12 Verbatim Report NAS Sitting Tuesday 02nd February 2021 Letan nou ti tir sa bann avyon dan nou operations, nou ti pey penalty.

Nenport avyon ki lease, ki nou anvi nou terminate, nou bezwen pey bokou dan penalti.

Sa bann avyon ti kout nou an tou $12.8 milyon pou nou tir zot dan nou fleet.

IT, Nou ti osi fer redundancy.

Nou staff cost ti reduce par 17 poursan.


Ti en moman difisil pou tou staff.

Nou ti revwar tou nou bann Kontra enkli bann Kontra bann Kontra Catering, pou nou kapab fer cost reductions.

An 2018 li menm Air Seychelles ti fer en loss of $42 milyon.

En lot restructuring ti ganny met an plas kot nou bann vye avyon A320 in ganny ranplase ek bann nouvo avyon pli efikas.

E sa i bann A320neos.

Premye A320neo ti ariv an Out 2019 e dezyenm ti ariv an Mars 2020.
An 2019, nou ti war rezilta nou bann restructuring.

Nou neo ki i annan plis seat.

Ti fuel savings 19 donn nou poursan pandan sa period Out ziska Desanm 2019.

Sa i lavaler $765mil.

Nou kou maintenance ti osi desann, vi ki sa bann avyon ti nouvo.

Antretan pou ede anmenn plis reveni.

Air Seychelles ti deside fer larout Tel Aviv.

Sa larout ti vreman profitab pou nou.

Nou loss ti sorti 42milyon dan 2018 e ariv $4.6milyon an 2019.
Sa i montre ki bann desizyon ki'n ganny pran an 2018 pou sa restructuring, ti pe marse.

An 2020 nou ti sipoze breakeven vi nou ti pou ganny nou dezyenm A320neo.

Tel Aviv ti pe fer byen.

E nou ti pou benefisye from sa bann cost saving initiative ki nou'n fer.

Nou performance an 2020, Zanvye e Fevriye ti bon.

Selman COVID in tap nou.

E Sesel antye i ganny afekte.

Mon dakor ek sa restructuring plan ki upper management ti travay lo la an 2017, 2018.

Mon'n war sa rezilta kot in arive.


sa kit Dan mon lopinyon, nou devret bout enternasyonal.

Air Seychelles i mars koman en sel entity.

En ta bann cost enternasyonal pou still reste e tonm lo domestic, tir kantmenm enternasyonal.

I pou kout nou plis ler i pou tir sa bout.

nou Apre osi i enportan pou note ki Air Seychelles i kontribye en ta dan lekonomi Sesel.

sa i form par bann kontribisyon parey Income Taxes, Airport Taxes, VAT, Pension Fund.

E bann antrepriz Gouvernman parey SCAA, e SEYPEC.


direk pg.

13 Verbatim Report NAS Sitting Tuesday 02nd February 2021 Nou osi kontribye bokou endirekteman.

Parey bann biznes lokal, bann saler ki nou touris ki nou peye, bann anmennen Sesel.

Kontribisyon total direk ek endirek i ariv apepre $93milyon pou lannen 2019. ki lavenir Alors a mon avi i tre Air enportan Seychelles in ganny mazinen frotman.

Mon ti a kontan remersi tou staff Air Seychelles pou zot travay.

Mersi bokou.
Mersi bokou.

MR SPEAKER lezot Mersi Mr Khan.

Eski Manm annan panel entervansyon?

Sinyal mwan silvouple.

Ok, alors nou a pas lo entervansyon bann Manm.

Wi Onorab Henrie.

i HON GERVAIS HENRIE Mersi Mr Speaker.

Bonzour tou dimoun.

Mr Speaker, mon prezimen i kestyon/repons la, seksyon ki nou ladan.

Se sa?

Kestyon/repons?

MR SPEAKER Wi, i kestyon ou komanter ki ou anvi anmennen lo sa seksyon.

MR SPEAKER Wi, sa msye kote isi i Mr Steven Khan, e i sorti dan Departman Finans.
i HON GERVAIS HENRIE Ok. Mr Khan ou prezantasyon mersi.

Onnetman, en prezantasyon ki mon'n tande Sanmdi, ki Management in donn Lasanble.

So mon’n war li etnikman pwennvi in management as oppose ki vreman pwennvi travayer lo ki mannyer zot pe resanti fas a tou bann lanons ki pe arive an se moman otour Air Seychelles.

tro E zot, zot dwat dan milye akoz risk pou zot perdi lanplwa, ouswa posibilite pou zot kontiny zot lanplwa.

So, mon sel lenvitasyon ki mon ti ava kontan fer avek ou.
Se vreman pou donn nou en pwennvi travayer li menm, ki mannyer zot pe santi, san sa bann sif ki i kapab ganny vwar koman, son persepsyon lo la in ganny byen package pou prezant en portre.

santiman Mon anvi plito travayer fas a sa sityasyon.

Mersi.

HON GERVAIS HENRIE Wi.

Mr Speaker, mon eskize, sa msye ki ti pe prezante i le sel dimoun lo panel ki mon pa'n sezi son non.

Steven Khan.

MR SPEAKER Meri Onorab Henrie.

Mon annan lenformasyon ki bann Manm dan - nou lodyans deor pe ganny en pe difikilte pg.
14 Verbatim Report NAS Sitting Tuesday 02nd February 2021 konpran, akoz son i souvan en pe bourye.

Mon a konnen avek permisyon Lasanble, mon a demann bann entervenan pou retir zot mask pou lokazyon ki zot pe koze.

Mersi.

Wi, Mr Khan ou ti a kontan adres kestyon Mr Henrie please?

Onorab Henrie.

Mersi.

MR STEVEN KHAN Mersi Mr Speaker.

Mersi Onorab.

Mon departman kot mon travay nou fer en ta sa bann forecasting.
So mon letan mon pe donn mon pwennvi i baze lo tou sa bann facts, tou sa bann statistik ki mon'n travay lo la.

Ou’n refer to sa meeting Sanmdi.

Ki en ta sa bann figures, en ta sa bann analysis mon ti actually travay lo la and met lo sa papye pou Sanmdi.

So, it is normal ki mon pe refer back to sa.

Because this is how I know Air Seychelles.

In terms of job security, wi, i en konsern ant many staff.

tir sa bout Akoz si nou enternasyonal, ou pou ganny apepre 130 keksoz staff ki pou ganny met redundant.
So, this is a fear of everyone.

Right?

Selman generally nou tou nou war kote sa benefit international plays in terms of financials.

Ki nou bann mannyer tou sa bann keksoz i mars ansanm.

So, staff Air Seychelles generally zot pe agree ki nou bezwen kit enternasyonal.

Pa zis pou sa job security, me osi Seychelles.

pou Mersi.

lekonomi MR SPEAKER Mersi Mr Khan.

Onorab Waven William.

HON WAVEN WILLIAM Mersi Mr Speaker.

Bonzour tou dimoun ki a lekout.


Mon ti a kontan demann Mr Khan, si i kapab eksplik sa Lasanble e manm piblik ki pe ekoute, ozordi baze lo sa ki in dir lo lakonpannyen Air Seychelles, kwa egzakteman ki pou Seselwa an term son bann lekipman?

Akoz letan nou pe pran kont nivo det ki nou annan.

E son bann recurrent cost.

Si ou kapab eksplik Seselwa kwa egzakteman ozordi ki pou Seselwa avek Air Seychelles?

Mersi.

MR SPEAKER Mersi Onorab.

Mr Khan.

MR STEVEN KHAN Mersi Mr Speaker.

Mersi Onorab.


Zis klarifye ou pe dir like kwa ki Air Seychelles i own pg.

15 Verbatim Report NAS Sitting Tuesday 02nd February 2021 ki pou tonm pou Air Seychelles?

Belongs to Seychelles?

Ok.

Most of parey bann gro assets parey bann avyon.

Nou pe lease, sa i pa pou nou.

So demen si nou bezwen frenmen nou bezwen pey penalti.

Rann sa bann avyon.

Pou Air Seychelles nou currently annan 3 Twin Otter.

Sa i pou nou.

Apre nou annan nou bann ground handling equipments.
Selman sa valer i pa tro o.

Right?

As a whole nou pe kontribye dan ekonomi parey mon’n dir, sa bann taxes.

Right?

Apre nou staff i pou nou, i pou Seychelles.

Right?

Sa bann staff i pe benefisye letan i pe travay anba Air Seychelles.

Nou pe kontribye dan lekonomi Sesel.

I think mon'n reponn ou kestyon.

mon pa tro asire.

Thanks.

MR SPEAKER Wi Onorab William.

Si ou le en leklersisman.

HON WAVEN WILLIAM Mersi Mr Chairman.

Mr Chairman, zisteman lo sa bann gro avyon la.


konbyen, dizon si Sesel ti pou, Gouvernman Sesel ti pou pran li ouswa aste.

Konbyen ozordi son valer ti pou kout nou?

Zis parey mon'n dir pou nou konnen egzakteman kwa ki nou pe koze.

E pou nou vwar vreman sa realite vizavi sa lakonpannyen ki mannyer pe run?

Mersi.

MR SPEAKER Mersi Onorab.

Mr Khan.

MR STEVEN KHAN Mersi Mr Speaker.

Mersi Onorab.

Currently sa bann A320neo’s zot ankor nef, nou'n fek ganny zot.
So i reste 76 milyon zot valer currently la.

Larestan zot lease.

Si nou ti pou get rid international, nou ti pou pey apepre 25poursan sa remaining amount of sa 76million.

Sa i ariv apepre $19milyon.

Ok mersi.

MR SPEAKER Mersi.

Mon a pas lo Onorab Clifford Andre.

HON CLIFFORD ANDRE Mersi Mr Speaker.

Mr Speaker, mon kestyon ki mon ti a kontan demann Mr Khan, se ki kantite larzan Air Seychelles i dwa?
Dezyenm se, operations si i international fermen, eski sa larzan ki nou dwa pou ferm avek international operations?

Konmsi i pou ale, it will go away?

E ki mannyer si international operations i ganny garde operational, i pou kapab kontribye oubyen pey sa bann pg.

16 Verbatim Report NAS Sitting Tuesday 02nd February 2021 det ki nou dwa prenon konsiderasyon sa leksplikasyon ki ou’n donn nou avek sa 2 nouvo neo 2019 ek 2020?

Prenon konsiderasyon Izrael, parey ou’n dir i profitable.
E 2020 Air Seychelles ti pou montre en profi, si ti napa sa det avek COVID.

So sey dir avek pep Seselwa, pou nou kapab konpran akoz ki nou bezwen kontinyen.

Me zot, zot bezwen fer en zefor spesyal pou kontribye dan peyman.

E si nou fermen sa det pa pou ale avek sa fermtir international operations?

Mersi.

MR SPEAKER Mersi Onorab.

Mr Khan.

MR STEVEN KHAN Mersi Mr Speaker.

Mersi Onorab.

Currently nou det ek Etihad Airways i tonm apepre $69 milyon.

Zot in donn nou en discount plis ki 60poursan.


Mon napa sa figure ek mwan la.

Selman tonm apepre 11 milyon sa discount.

Right?

i In terms of sa bann bond, sa bann gro loan ki currently due.

An tou i ariv $71 million.

Right?

Kantmenm nou ferm enternasyonal sa bann det pa pou zis ale.

Nou'n pran sa loan koman Air Seychelles.

Par letan ou annan en egzanp biznes, ou pa kapab met sa det zis lo e pti bout sa biznes, ou tir sa biznes.

Sa det pou still reste la lo sa lakonpannyen.


So even frenm nou though enternasyonal, sa det pou still egziste.

Pou still ankor la lo sa bann bout ki remain.

Right?

Ou dezyenm kestyon ti lo Tel Aviv, mon krwar lo bann operations?

Yes.

MR SPEAKER Wi Onorab Andre ou kapab eklersi.

HON CLIFFORD ANDRE Mersi.

Mon dezyenm kestyon sete si Gouvernman i deside permet international operation kontinyen anvole, ki mannyer i kapab kontribye dan sa det parey ou’n dir ki pa pou ale si nou ferm international?
So ou bezwen montre pep Seselwa e nou osi, ki mannyer zot koman en lakonpannyen, si en nou donn loportinite pou ale pou ankor en serten peryod letan.

Ki mannyer zot, zot pou kapab kontribye oubyen pey sa det?

zot ankor Tir li lo Gouvernman, pey sa det avek en progranm repeyman det.

Mersi.

MR SPEAKER Mersi.

Mr Khan.

pg.

17 Verbatim Report NAS Sitting Tuesday 02nd February 2021 MR STEVEN KHAN Mersi Mr Speaker.

Mersi Onorab.

Mon agree ki currently nou napa sa funds pou pey sa det, sa 21 million.
Nou pa kapab afford sa.

Be nou pa dan lenpresyon ki nou pe al pey sa det antye 71.

Nou anvi re negosye ek bann bondholders ki right now zot in zis donn nou en 20 poursan discount.

Ki still nou pa pe kapab afford.

Right?

So nou pa pe plan pou nou pey sa dey.

Right?

Nou anvi restructure sa det ki ariv en nivo li, ki ki nou kapab repay Gouvernman i kapab repay li.

Right now, ki nou pe aim for, i pou nou pey maximum $20 milyon, pa plis.
Akoz letan ou gete si nou pou pey plis ki’n $20milyon, i pa worth it pou nou kit international pou pey sa whole debt of 71 million.

Gouvernman napa sa larzan.

Air Seychelles napa sa larzan.

Right?

Me in the future nou 5- year plan ki nou ti'n fer ti pe marse.

Zis akoz COVID in tape ki pa ti pe marse.

Ki in kase tou keksoz in kase, e pa pe mars byen.

Right?

But in the future, nou plan pou nou rebuild Air Seychelles.

Like we have always done.

Right?

Pou nou'n focus lo bann routes parey Tel Aviv.


Vin eventually profitab, ki nou kapab standalone.

Mersi.

MR SPEAKER Mersi Mr Khan.

Onorab Andre ou permet mwan pas kestyon?

Ou le zis eklersi.

Ale.

HON CLIFFORD ANDRE Eskiz mwan Mr Speaker mersi.

Parey ou dir, i annan sa progranm.

Konbyen letan ou krwar zot kapab achieve sa ki ou pe dir la?

Mersi.

MR SPEAKER Wi mersi.

Mr Khan.

MR STEVEN KHAN Mersi pou ou kestyon.

Nou pa ankor travay lo sa new 5year plan.


Actually, Ministry of Finance in demann nou pou travay lo en forecast.

Nou pe actually travay lo sa la.

And nou pou fer different scenarios.

to From the worst case the best case scenario scenario, which is our current budget.

So mon pa pou kapab donn ou en larepons right now.

Mon pou bezwen plis letan pou travay lo sa.

Mersi.

MR SPEAKER Mersi.

Mon annan plizyer Manm lo sa kote latab ki’n lev lanmen.

Pasyante silvouple.

Akoz mon le balans en pe le 2 pg.


18 Verbatim Report NAS Sitting Tuesday 02nd February 2021 kote.

Mon ava apel Onorab Churchill Gill.

HON CHURCHILL GILL Mersi Mr Chair.

Bonzour Mr Chair.

Bonzour tou dimoun lo panel.

Kestyon i comme swivan pou leklersisman, si konmela ou pou kit Air Seychelles given son kou loperasyon parey i ete la, son kou loperasyon, son det, ou kit tou son staff.
An menm sityasyon tan pran kont touristik ki mannyer i ete dan lemonn ozordi, eski pou kapab lo sa bann soutenir, baze opsyon ki mon'n donn ou pou nou kite.

E an menm tan ou’n fer nou konpran poudir ou pa ankor lo ou best scenario.

Ki petet i en pe difisil pou nou kapab ganny en portre en pe pli kler.

travay Me selman i kler ki ou pou bezwen en pe lannen pou ou kapab vreman fer en diferans.

E an menm tan i pou depan ki i amelyore mannyer keksoz enternasyonalman.
Vi ki tou reveni Air Seychelles i annan avek keksoz international.

pou fer So petet mwan mon ti a, sa deba menm si nou pe fer sa deba ozordi, mon krwar i mank nou lenformasyon, pou nou kapab vreman konpran pli byen sityasyon.

E mwan mon a sizere ki sa bann scenario i ganny fer, akoz sa bann keksoz ki pou montre nou vre portre.

La menm si nou pou koze, nou pou fer deba, me selman nou pa pou vreman a lafen dizour sorti avek en keksoz konkret ki nou kapab pran desizyon lo la.
Me selman vi ki zot la, alors petet konbyen lannen ki ou krwar i pou pran zot, si tou sa keksoz i reste parey, pou zot santi ki vreman Air Seychelles pou kapab repran son souf?

E apre komans fer profi, ki ava soutenab pou son lekor.

Mersi.

MR SPEAKER Mersi Onorab.

Mr Khan.

MR STEVEN KHAN Mersi Mr Speaker.

Mersi Onorab.

According pou ek IATA forecast, by 2024 nou'n keksoz pou return back to 2019 level.

Right?

And dan nou scenario nou pou assume ki nou reach normal operations in 2024.
Apre nou pou annan en worst case scenario ki by 2026 maybe, nou pou assume normal operations.

Right?

Selman, we still have to restructure sa debt.

Sa debt i still en problenm, akoz sa i due right now.

Right?

Kantmenm nou fer nou bann scenario nou kapab montre ou kan nou pou pg.

19 Verbatim Report NAS Sitting Tuesday 02nd February 2021 ariv profitable.

The situation ki nou pe dil avek right now i sa debt ki due ek sa bondholders.

Mersi Onorab.

MR SPEAKER Wi Onorab Gill.


kit HON CHURCHILL GILL Si mon'n konpran ou byen.

Basically, Air Seychelles ti annan 2 issue.

Enn, son son pou loperasyon, loperasyon going.

Sa i en kote.

Apre i annan son det ki en lot kote.

Mannyer ou ou'n eksplik mwan savedir ou pa pe met sa 2 scenario ansanm.

Sa forecast ki ou’n donn mwan, eski ou pe dir nou poudir pa enkli repeyman sa det avan 2024?

Mersi.

MR SPEAKER Mersi Onorab.

Wi Mr Khan.


MR STEVEN KHAN Yes, sa sitasyon mon pe sey eksplike la, i nou pa pou re pey sa det of $71million.

Right?

Selman nou pou bezwen restructure sa det pou rod en discount met en bondholder ki nou kapab reduce sa det to much lower levels.

Ki nou kapab repay li, because right now sa det of $71million nou pa pe kapab peye.

Right?

So definitely mon pa pe consider sa $71million … analysis, selman nou pou plan pou nou restructure li, fer li desann.
Gete ki Gouvernman i kapab fer pou nou.

Mersi.

MR SPEAKER Mersi Mr Khan.

Onorab John Hoareau.

HON JOHN HOAREAU Mersi Mr Speaker.

Mr Speaker, parey nou dir an term biznes, napa en biznes ki annan en crystal ball.

Me selman tou bann risk ki ou pran i bezwen bann risk kalkile.

Alor, eski an 2017 ler zot ti incur en loss $45 milyon, eski ti annan bann market research lo tou sa bann larout?

Sirtou sa bann larout long haul kot zot in perdi bokou larzan lo la.
E dezyenmman, eski ti annan en letid a profon, en forecast of sales parey zot pe fer la an se moman, pou met bann diferan senaryo?

Eski sa osi ti en common practice?

Oubyen ti manke?

Oubyen ti zis en Board decision kot avyon i al larout ki Board i deside?

Mr Speaker osi, trwazyenmman mon ti le profite pou demann sa kestyon, an vi ki mon la lo podyonm, bann commissions ki Air Seychelles ti pe peye lo sales tiket avek bann pg.
20 Verbatim Report NAS Sitting Tuesday 02nd February 2021 diferan DMCs dan diferan pei osi.

Eski ti annan en kontrol lo li ki kantite larzan Air Seychelles ti pe fer?

E ki kantite commissions sa bann ti ete?

Oubyen sa bann lakonpannyen ti pe zis reap out bann benefis ki Air Seychelles ti devret pe kolekte.

Mersi.

MR SPEAKER Mersi Onorab.

Mr Khan.

MR STEVEN KHAN Mersi Mr Speaker.

Mersi Onorab.

Konsernan sa 2017, bann operations.

Mon pa tro asire ki mannyer nou ti'n deside pou fer sa bann larout.
Mon pou bezwen al fer plis resers lo la.

Akoz mon pa ti la prior to 2017 letan sa bann desizyon ti ganny fer.

But I can find out.

terms of sa bann In currently nou commissions bezwen pey bann commission to the travel agents across the world ki vann nou tiket.

Nou'n fer en ta discussions ek zot, nou'n cost considerably.

reduce nou Even sa bann sistenm ki nou pe fer nou bann bookings lo la.
Ki sa bann agents pe fer sa bann bookings lo la, nou’n actually manage pou fer big cost savings lo sa bann systenm.

Right.

So, overall nou bann commissions ki nou pe peye, nou bann cost of sales in reduce over the last two years.

Mersi.

MR SPEAKER Mersi Mr Khan.

Onorab Hoareau, fini?

Mersi.

Onorab Georges ou le en leklersisman?

HON BERNARD GEORGES Yes Mr Speaker, mon pa pe anvi jump the gun e mon konsyan ki Manm pou anvi sezi loportinite ki Mr Khan i la pou lo demann serten kestyonn finans.
Me mon pe demann mon lekor, akoz nou konnen ki management pe vin apre, e bann nou ki ti la Sanmdi dan sa sa prezantasyon, ti lenformasyon gannyen.

Mon ki management pou vin donn nou sa lenformasyon ankor.

Mon ti a zis kontan, zis kekfwa demann bann Manm, profite ki staff i la e demann kestyon ki relye avek okenn issues ki staff i kapab annan.

mazinen nou se ki Akoz nou pou ganny sa financial assessments bann ler taler in management i vini, selon mwan.

Unless ki zot in progranm keksoz dan en lot fason.


event any Me mon pa ti ava anvi vwar ki nou mank en loportinite pg.

21 Verbatim Report NAS Sitting Tuesday 02nd February 2021 interact avek staff lo bann issues ki staff pe santi.

Akoz nou pou ganny sans interact avek management taler.

Mersi Mr Speaker.

MR SPEAKER Mersi.

Onorab Pillay.

HON SEBASTIEN PILLAY Ou pe donn mwan sans demann kestyon, oubyen oule mon azout lo la?

MR SPEAKER Arh non, mon ti krwar ou pe entervenir pou deba.
HON SEBASTIEN PILLAY Wi sanmenm sa.

Akoz ki pe arive Mr Speaker, menm ler in komans Onorab William demann kestyon, en kantite sa bann lenformasyon regarding restriktirasyon, bann bann larout eksetera e bann assets, ti ganny sa prezantasyon ki ti ganny met devan nou.

kouver dan E ki Mr Khan in koz lo preparasyon ki in fer.

So mon krwar i fer sans ki nou stick to bann issue staff.

staff ki presizeman zot, zot kapab adrese, zot kapab lev lanmen e nou a rekonnet, e zot a kapab adrese.
Pou le moman nou a kontinyen.

E avek sizesyon ki Onorab Georges in fer, gard sa antet.

E mon a apel Onorab Aglae.

HON EGBERT AGLAE Mersi Speaker, Mr bonzour delegasyon sorti kot Air Seychelles.

Mon kestyon, eski zot kapab petet, akoz dimoun i anvi konnen sa en, kot i konsern zot human resources, staffing.

Enn, bann pwen serye ki ti ganny releve sirtou dan meeting Sanmdi, i konsern parey bann pilot, i konsern bann enzenyer, bann profesyonnel mon kapab dir.
Ki si i ariv en pwen kot nou loperasyon frenm enternasyonal, a peryod letan, 6 mwan, dizon 1an, zot perdi zot license.

ti E eski zot in fer en analiz, petet baze lo bann senaryo ki lo prezante zot redundancy, si nou pou, dizon nou pou perdi tan pilot, tan enzenyer, tan lot, lot.
osi MR SPEAKER Wi, sa ki mon ti a sizere se ki lezot Manm lo panel, si an mezir nou pe prosede, zot santi poudir i annan sa bann issues Konbyen i riske kout pei li menm li, si prezan a lavenir Air repran Seychelles larout si dizon i arete pou retrain sa bann spesyalis?

Mon i deside pg.

22 Verbatim Report NAS Sitting Tuesday 02nd February 2021 pou koz zot koman zot bann spesyalis dan lavyasyon, pilot, lot, lot.

anba Pou ki zot kapab reganny sertifye license respektif.
Eski zot in antisip bann, en senaryo ki ek costing pou pei kapab konpran?

Mersi.

zot MR SPEAKER spesifikman Mersi.

Petet Mr Francois, mon krwar sa kestyon in vize en ver bann pe profesyonnel teknik parey ou.

Eski ou ti a kontan adres sa?

Oubyen nou a les Mr Khan, zot, wi, Mr Francois.

MR HERVE MOREL Mr Speaker, Mr Morel, Herve Morel, bonzour a tous.

Mon Chief Pilot International e mon osi en Kaptenn lo bann airbus 320.

Avan mon fer mon pti prezantasyon, mon a kapab reponn sa pou ou Onorab Aglae.
I annan en costing ki pe aktyelman ganny fer, depi ler nou’n zwenn Sanmdi.

Management pe travay konzwentman avek Training Department.

dir i pou egzakteman konbyen koute, pou retrain, parey oubyen dir bann profesyonnel.

Pou MR SPEAKER Mr Morel koz dan ou micro silvouple.

MR HERVE MOREL Wi, eskize Mr Speaker.

I annan en analis ki pe ganny fer.

MR SPEAKER Mersi.
MR SPEAKER Mersi.

MR HERVE MOREL Pou kapab determinen ki kantite larzan, nou annan bann sif, me parey Onorab Georges in dir, bann dimoun ki pou pli kapab koz finans, larzan taler, zot ava prezant lekor.

Akoz tousala nou’n fini komans travay lo la depi ler nou’n zwenn Sanmdi.

Me selman parey mon ti fer resorti, i pou pran bokou letan pou nou kapab rezwenn tou dimoun ansanm.
E ou’n dir en letan 6 mwan, parey mon ti fer resorti ankor, pou zis ale, sorti kit Sesel, rann ou kontra, al pran en lot kontra avek en lot pei deor i pa antyerman lo finans.

I antyerman lo sa endividi osi, e ler ou’n al siny en kontra avek en lakonpannyen deor, ou annan komitman, non?

Kan ki ou kapab kas sa komitman, konbyen i koute pou ou fer li, ler ou’n tir ou fanmir Sesel ou’n anmenn deor e pou ou tir li deor pou ou retourn pg.
23 Verbatim Report NAS Sitting Tuesday 02nd February 2021 avek Sesel, kekfwa ou kontra Sesel pou tournen, i pa toultan fasil.

I napa zis en kou finansye, me i annan en kou sosyal ki vin avek.

Alors si ou permet nou, mon mazinen nou bann reprezantan finans sirtou, i annan en progranm ki’n komans travay lo la, pou zot egzakteman konbyen i pou koute lo larzan.

Mersi Mr Speaker.

lo kote MR SPEAKER Mersi.

annan en pwen pou ou sezi?


Onorab Arissol ou HON SANDY ARISSOL Mr Speaker zis en pti pwen letan klarifikasyon, mon’n ekout Mr Morel, I paret zot pti annan ti en prezantasyon zot osi pou prezante?

Si mon’n konpran li byen.

Parske la nou’n komans avek Mr Khan prezan nou tou nou pe viz nou kestyon ver Mr Khan.

MR SPEAKER Wi.

HON SANDY ARISSOL Be mon mazinen kekfwa si nou, a mon avi, mon pa konnen si mon korek.
Kekfwa si nou ti les ti prezantasyon, sa kekfwa ti a ver tou zot zot fer ki nou ti ava ouver kestyon en pti pe dan tou dimansyon.

MR SPEAKER Zisteman wi.

Si zot annan prezantasyon, akoz mon ti envit zot o komansman pou regarde si i annan lezot prezantasyon.

Me mon toutafe dakor ki si bann lezot Manm panel i annan statement ki zot in prepare, la i le moman pou fer li.

Ou a lev lanmen silvouple si zot annan?

Wi Onorab Pillay.

HON SEBASTIEN PILLAY Wi Mr Speaker.


E mon ti a kontan demann Manm pa’n le pou sezi loportinite, la ki zot devan Lasanble, devan piblik Seselwa.

La i pa en moman pou reste trankil la, i en moman pou zot koze!

Si zot annan en keksoz pou dir, mon krwar Speaker ou’n byen fer, vre ou’n envit zot.

Koman Mr Khan ti fini pou demann zot si zot annan prezantasyon, e personn mon pa’n vwar, pa’n lev lanmen.

So ti ava bon la, annou sezi loportinite ki la, ki nou tou nou pe sey rod en fason pou nou bouz devan.
Partisipe e koze.

Mersi Mr Speaker.

MR SPEAKER Mersi.

Manm panel zot annan premye swa.

Me selman pg.

24 Verbatim Report NAS Sitting Tuesday 02nd February 2021 pe parey mon’n dir, antretan, si letan bann Manm pe demann kestyon, fer oubyen komanter, zot santi i le moman pou zot entervenir, lev lanmen e mon a rekonnet zot.

Ok?

Be nou a kontinyen avek bann Manm si zot pa ankor pare.

Mon a demann Ms Pascal.

Wi, silvouple.

MS JULIETTE PASCAL Mersi Mr Speaker.


Mr Speaker, Clerk, Deputy Clerk, Manm Onorab bonzour.

Mon apel Juliette Pascal e sa lannen i a fer 24an ki mon pe travay avek Seychelles, Air prensipalman kot Cargo.

Mon ti komans mon karyer koman en cargo clerk, ozordi mon pe okip pozisyon Head of Cargo.

Dan mon profesyon mon osi en oditer pou IOSA, ki IATA Operational Safety Audit e osi enstrikter pou Dangerous Codes.
Pou ariv sa zistans dan mon karyer, sete akoz mon’n ganny bokou training, led e fanmir, lankourazman mon zanmi e osi bann koleg travay.

Pandan sa 24an ki mon’n travay avek Air Seychelles, mon’n war bokou sanzman.

Kot ti annan moman lazwa e moman lapenn, sirtou dan sa bann letan redundancy, kot ou war ou pe viv avek lensertitid, ouswa ou war enn ou koleg travay pe ganny demande pou aret travay.
ti An 2017, en sanzman total dan ganny Management Air Seychelles, kot bann pozisyon kle ti ganny administre par Seselwa.

fer Mon kapab dir, apre sa sanzman dan management, byen boner 2018, mon’n vwar sa lakonpannyen vize ver latransparans, rann kont pou nou louvraz ki nou fer, e nou nide e propozisyon in osi ganny ekoute a plen tan.

en Mon travayer fyer pou dir ki koman Air Seychelles, pandan sa dernyen 3an bokou amelyorasyon prensipalman, lo ki mannyer pou redwir kou depans.
nou’n fer Re negosye bann kontra, sanz bann avyon ki ti pe met nou retar pou ganny sa ki pli efikas.

Sanzman bann sistenm IT e rezervasyon, ki’n ganny fer antyerman par en tim Seselwa.

E menm top management pran en rediksyon dan zot saler pandan sa moman difisil.

En lot linisyativ se netway nou prop avyon nou menm, pou nou redwir kou ki ganny peye avek en lot supplier.

E tou a louvraz ti komans byen boner lannen pase letan zis Air Seychelles ki ti pe flight pg.
25 Verbatim Report NAS Sitting Tuesday 02nd February 2021 dan letan COVID, koman en fason pou protez nou reveni.

Mon oule fer note ki ler ti annan restriksyon lo vwayaz lannen pase, kot tou laliny aryen ti aret deservi Sesel, kot Air Seychelles nou pa ti pe asize.

O kontrer nou ti profite pou nou rod fason pou nou vin pli inovativ e efikas dan sa ki nou fer.

E sa ti en gro travay, sirtou pou nou transform nou avyon koman en full cargo flight kot cargo ti pe ganny menm load ki dan seat avyon.
Mon fyer pou dir ki pandan sa letan, personn pa ti gete ki departman zot ti travay ladan.

Akoz tou dimoun ti angaze koman en lekip pou ede antreprann sa louvraz e bear in mind regilasyon.

Nou ti al sers cargo partou kote.

Dubai, latizann dan Lenn, anmenn pwason La Reunion e fer bann vol repartisyon kot ti neseser.

Maurice, Sri Lanka, dan Lenn e menm Lerop pou al sov nou bann ser e frer Seselwa ki ti’n pri akoz COVID, zis pou nonm detrwa.

Nou’n fer bokou e lalis i long.


E mon profite ozordi pou remersye tou sa staff Air Seychelles pou zot kouraz e determinasyon.

Mon dir zot en gro mersi, ki mon krwar zot deserve.

Swivan lanons Prezidan mon rekonnet ki pei pe pas atraver en moman difisil e nou bezwen vey tou nou depans.

Me mon konfidan ki nou national kote airline enternasyonal, i kapab zwe en pli gran rol dan sa moman difisil, la sirtou kot en kantite airline pe koup zot vol.
lo Dan mon domenn travay, mon’n menm remarke ki bann airline atraver lemonn, e osi sa ki vin Sesel pe fer monte zot pri cargo, akoz i annan en gran base dan bann pasaze ki pe travel, akoz zot bezwen soutenir zot kou loperasyon.

Nou osi war dan larezyon tel ki parey La Reunion, Madagascar, an se moman kot pe donn priyorite biznes zot laliny nasyonal avan tou.

Mon santi ki nou bezwen zwe en pli gran rol pou protez nou national airline kot sa bann konpetisyon dan sa moman difisil.
Pou terminen, mon reste optimis ki nou kapab fer li avek tou korperasyon e Seselwa an zeneral.

sipor E mon pran sa loportinite pou remersye bann Manm Onorab pou sa lenvitasyon, pou ekout nou ozordi.

Mersi.

MR SPEAKER Mersi Madanm.

Onorab Georges Romain.

Mon apel pg.

26 Verbatim Report NAS Sitting Tuesday 02nd February 2021 HON GEORGES ROMAIN Mersi Mr Speaker.

Ankor enn fwa bonzour tou bann Manm koleg Onorab.

Mr Speaker.
Mr Speaker.

Ler mon’n tann LGB pli boner, in dir ki pou annan Management Air Seychelles pou vini pli tar.

Mon ti annan enn de kestyon pou zot, me selman pou sa panel ki la, mon ti a zis demann zot en kestyon, tan ki mon krwar nou pe koz en pti pe lo human resources.

Mon ti a kontan demann zot, ki kantite etranze ki ankor annan dan Air Seychelles?

E lo kote akomodasyon.

Ki kantite zot byensir ki pe servi akomodasyon, e konbyen pe bann ganny akomodasyon?
peye sa Apre mon dezyenm ti a kontan kestyon, mon demann zot sa head office ki Airport ki zot baze ladan.

Si i vreman pou Air Seychelles.

E si non eski zot pe lwe sa lofis?

E lekel sa bann dimoun ki dan sa batiman, lekel sa bann direkter dan sa lakonpannyen?

Mersi bokou Mr Speaker.

MR SPEAKER Mersi.

Mon pa konnen si Mr Khan kekfwa ti a kapab adres sa kestyon.

MR STEVEN KHAN Ok, mon krwar an tou nou annan 5 travayer etranze dan lakonpannyen.

In terms of nou head office, sa i pou nou.


Selman parey kot ground office, bann biro dan Airport nou rent ek SCCA.

In terms of bann lakaz ki nou pe rent, currently pou 2 nou chiefs, CEO ek CCO.

Nou pe rent villa Eden Island.

Mon pa tro asire how much the rent is, akoz an 2020 nou ti re negosye for a rate cut pou Eden Island.

So mon pa tro asire, but I can check the figures and let you know.

MR SPEAKER Mersi.

Mon ava apel Onorab Conrad Gabriel e next apre pou Onorab Woodcock.
Alor letan panel pe reponn, ou a kapab met nou pare pou al kot micro.

Onorab Gabriel.

HON CONRAD GABRIEL Mr Mersi Speaker.

Bonzour tou Manm Onorab, bonzour tou dimoun ki a lekout.

Mon a baz mon kestyon en pti pe pou Mr Khan lo laspe finans, costing, baze lo nou Lease Agreement.

Nou konpran poudir nou avyon nou pe lease.

Lo laspe finans mon ti a kontan demann Mr Khan pou dir nou konbyen i pou kout Air Seychelles e pei an pg.
27 Verbatim Report NAS Sitting Tuesday 02nd February 2021 zeneral in the short term, si Gouvernman i deside frenm Air Seychelles?

Vi ki nou konnen sa bann Lease Agreement i kout nou en pe ser, e pou re negosye li, i pou kapab en pe difikilte.

Mon ti a kontan zis pou donn nou en pe plis detay silvouple.

Mersi.

MR SPEAKER Mersi.

Mr Khan.

MR STEVEN KHAN Mersi Mr Speaker, mersi Onorab.

Currently sa bann lease pou bann 8020 neos i reste nou $76 milyon an tou.

E si nou kennsel enternasyonal la, nou tire.


Nou pou bezwen pey 25poursan estimated of sa bann kontra, ki ariv $19 milyon.

Mersi.

apepre MR SPEAKER Mersi.

Onorab Woodcock.

HON WAVEL WOODCOCK Mersi Speaker, Mr bonzour tou Manm lo panel, tou koleg Onorab e tou dimoun i a lekout.

Mon kestyon i comme swivan;- Mon kestyon i plizoumwen konsern en pti pe ki pe arive internally kot i konsern bann staff.

Mon konnen dan lepase, mon krwar 3 repriz Air Seychelles in fer redundancy, mon konn byen redundancy.
soufrans Akoz mon madanm ti’n ganny fer redundant an 2012.

Mon kestyon, eski bann staff, eski, within Air Seychelles, menm avan ki Prezidan i fer lanons e dan la dernyerman.

Eski ti annan kozri ant management avek bann staff ouswa ki i annan posibilite ki redundancy ti pou ganny fer within Air Seychelles?

Kekfwa as a mean pou koup resours imen.

E eski bann staff in ganny demande pou fer en pe sakrifis, parey lo kote pran pay cuts?
E lo nivo senior eski menm management, eski i annan bann sakrifis ki lo menm lo nivo i management pe konsern salary cuts e osi menm o nivo en pti pe pli ba?

Mersi.

fer, kot MR SPEAKER Mersi.

Mon pa konnen lekel lo panel ki ti a kontan adres sa.

Ms Pascal, wi.

MS JULIETTE PASCAL Ok, mon, mersi pou ou kestyon.

Mon kapab dir poudir lo top management, nou’n war nou pran en salary cut depi boner lannen pase.

E akoz Gouvernman in ed nou avek sa larzan pou pey lapey tou bann staff e nou pa’n pg.
28 Verbatim Report NAS Sitting Tuesday 02nd February 2021 war nou sa nesesite pou nou fer redundancy depi last year.

E mon kapab dir, poudir apre sa lanons, ti annan lensertitid, tou staff i enkyet, i per.

Akoz enn ler ou pe mazinen, eski ou kouraz in al anven, sirtou ler ou get sa bann diskisyon ki pe go on lo Facebook, i rann ou dekouraze pou ou kouraz ki ou’n travay dir.

lo kote cargo, mon kapab dir lo kote printing, nou bezwen kontrole ki kantite printing nou fer.
So en bon pe keksoz, nou’n asize, nou’n mazinen lo ki fason nou pou kapab redwir kou, nou’n fer bokou.

MR SPEAKER Mersi Ms Pascal.

Mr Khan ou ti annan keksoz pou azoute lo sa menm keksoz?

Mon’n war ou ou’n lev lanmen.

MR SPEAKER Wi Onorab Woodcock.

MR STEVEN KHAN HON WAVEL WOODCOCK Kekfwa ti a bon pou nou en pti pe plis detay, en pti pe, koz en pti pe lo bann sakrifis ki bann staff in bezwen fer an se moman, an vi sityasyon ki ekonomik ki Air Seychelles pe fer fas avek.

Mersi.

MR SPEAKER Mersi.


Ms Pascal.

MS JULIETTE PASCAL salary Nou’n rod tou fason pou nou reduce cost, parey nou’n sey re negosye kontra.

Parey mon’n dir ou avan, nou’n ganny top en management.

Sa i aplik pou pilot.

E menm nou’n war nou pe netway nou avyon nou menm.

Kot nou pa bezwen pey en supplier pou fer sa.

E menm cut, tou Yes.

Mon ti pou zis elaborate lo sa ki Ms Pascal ti dir.

Ki en ta bann upper management wi, in pran salary cuts and en ta bann pilot ion ganny afekte.
E osi i tou bann dimoun ki ti lo kontra tou, terminate kontra tou nou’n dimoun, nou’n met zot lo continuous employment, zis pou nou save sa kou of pey sa end of term, end of year contract tou le 2an.

So sa en keksoz ki bann staff konmsi in pas ladan in restructuring.

terms of Mersi.

the MR SPEAKER Mersi.

Lemiel.

Onorab Sylvanne HON SYLVANNE LEMIEL Mersi Speaker.

Mr Bonzour tou dimoun a lekout.

pg.


29 Verbatim Report NAS Sitting Tuesday 02nd February 2021 Mr Speaker mwan mon kestyon i plizoumwen vize ver lo kote management.

Akoz mon ti anvi konn en pti pe plis, mon ti oule zot aprofondi en pti pe plis lo kote sa bann kontra li menm.

Ki sa bann kontra egzakteman ki zot in al re negosye?

Me selman mon panse taler sa i ava ganny reponn.


Par kont lo kote bann staff, mon ti a kontan konnen si eski a sa pwen la, in annan bann rankont ki zot in fini komans fer avek sirtou bann staff petet si zot pe mazinen i kapab ganny afekte?

Akoz zot in dir nou si sa bout enternasyonal li menm i frenmen, apepre 193 staff, mon krwar pou perdi son lanplwa or plis.

So, eski in konmans annan bann koze avek sa group dimoun.
Ki bann laranzman ki pe ganny fer pou zot an term si wi zot pou bezwen ale, eski zot pou ganny peye sa parey mon krwar an 2018 ti fer?

Kot ti donn zot en off avan zot ale, konmsi ti donn en ofer avan zot ale.

E eski i annan bann laranzman ki pe ganny fer avek bann lezot landrwa an deor petet bann negosyasyon ki pe ganny fer, petet pou kapab pran sa bann staff Air Seychelles, sirtou bann ki tre, tre, tre eksperyanse?

Mersi.

MR SPEAKER Mersi Onorab.

Wi Mr Morel.


MR HERVE MOREL Mersi Mr Speaker, mersi Ms Lemiel pou ou kestyon.

Mon pou komans en pe pli avanse avan ki sa dernyen deklarasyon lo SONA, depi ler COVID in konmans tap airline, lemonn antye aktyelman.

Management, mon pou koz en pe lo size management.

Akoz mon flat operations koman en pilot, me par selman mon ladministrasyon management.

pirman form byen Depi boner management in apros tou sa staff Air Seychelles e nou’n fer bann departmental meeting.
E sa in konstaman ongoing, ki nou CEO li menm li lo top management in koz avek tou son staff.

Tou le semenn nou’n vwar tou dimoun pe ariv kot headquarters, pe regarde ki nou pou fer depi ler COVID in pran.

Nou pa’n komans regard sa depi baze lo dernyen mesaz Prezidan nou.

Nou pe regard sa byen, byen lwen de la.

E wi in annan bann koze ki’n ganny fer.

I annan bann diskisyon ki si nou pou bezwen pg.

30 Verbatim Report NAS Sitting Tuesday 02nd February 2021 Nou’n koz reduce ankor.
redundancy ki pou arive avek nou staff.

E parey mon pe dir ou, management, higher bann management ava koz avek zot taler pou regarde, pou kapab reponn sa bann kestyon an zeneral, ki ou pe fer.

Me selman pou reponn ou, dir medya la, si depi ler nou’n ganny sa nouvel lo SONA, si nou fer bann meeting avek staff.

Sak departman i responsab pou li partaz lenformasyon ki sorti kot top management.
E zot bezwen realize ki in, mon kapab apel li en sok, pou la mazorite travayer e menm pou management, mannyer keksoz in ganny prezante e at the same time i en challenge en.

I pa en defi pou nou yet, e nou pou kontinyen lager, i en sok, me selman nou’n join management nou bezwen share lenformasyon.

poudir Mon kapab koz ek ou lo mon kote, mon pilot, nou annan nou bann forum ki toulezour la an se moman nou kit an kontak lenformasyon, kit latransparans, pou nou konnen egzakteman.
nou nou e E nou osi kapab sizer avek management, ki kapab ganny fer.

Akoz nou pa anvi ale, me selman nou bezwen protez nou fanmir nou osi.

Vwar?

Mersi Onorab.

Mersi Mr Speaker.

MR SPEAKER Mersi Mr Morel.

Bann lezot Manm panel, eski zot ti a kontan profit lokazyon pou …?

Wi Mr Francois.

MR ANTOINE FRANCOIS Mr Speaker, Clerk e Deputy Clerk, Leader Zafer Leader Gouvernman, Lopozisyon, tou bann Manm Onorab e tou bann dimoun ki a lekout bonzour.

Mon ti a kontan konmans par entrodwir mon lekor.


Mon apel Antoine Francois e mon’n zwenn Air Seychelles an Septanm 2010, konman en mechanic.

An se moman avek plizyer training, mon pe mentenir pozisyon line maintenance manager pou enternasyonal.

Sa in vin apre ki mon’n understudy mon predeseser ki ti en etranze.

koman Me par profesyon mon en enzenyer avyon.


En kestyon ki’n ganny demande oparavan dan, par Mr Aglae, Ozordi mon kapab dir ki i pran apepre 6an, 6 a 7an pou konpletman kalifye koman enzenyer avek en privilez sertifikasyon.

Bokou training, me selman i pa fini la, akoz Sekter pg.

31 Verbatim Report NAS Sitting Tuesday 02nd February 2021 Lavyasyon i enn ki tre dinamik e ganny dirize par bokou regilasyon.
An rezilta koman en endividi dan sa sekter, nou war nou pe kontinyelman envestir lenerzi e letan pou reste azour avek sa bann devlopman.

ou Prezan, kapab mazinen ki kantite resours nou lakonpannyen Air Seychelles in envestir dan son Seselwa.

E i rann mon fyer poudir ozordi lekip Air Seychelles technical i konpri en tim Seselwa.

Sa i enportan pou note, vi ki ti enn parmi bann lobzektif Air Seychelles dan son dernyen progranm transformasyon.

E lo sa not mon war bokou benefis sa in transformasyon anmennen.
Me bann kle, bann ti a voudre kle ki mon soulinyen, i sa 2 nouvo avyon ki ozordi nou tou nou rekonnet term son an performans technical e son konsonmasyon fuel.

lefikasite nou En lot lakonplisman se ki ozordi Departman Technical in travay, in nobou travay ansanm koman en tim pou reisi, pou kapab met an plas bann prosedir e resours, pou perform serten check isi Sesel li menm.

Ki oparavan ti pe ganny fer par bann lezot maintenance lakonpannyen aletranze.
I pa’n en keksoz fasil, sirtou avek sa sityasyon COVID- 19.

Me avek sa tim devoue profesyonnel e konpetan, nou’n nobou fer li.

Sa i demontre kapabilite nou bann Seselwa pou sirman difikilte e komitman pou travay dan zentere nou laliny aryen.

En lot legzanp ki montre rezilyans sa tim Air Seychelles, i pandan sa letan COVID, kot nou ti vwar tou dimoun pe zwenn ansanm pou vin avek bann nide inovativ e nabou nabou fonksyonnen, kontinyen avek minimonm depans.
e fonksyonn Personn pa ti ezite, menm si ti napa relevans avek zot profesyon.

Si mon pou senplifye, ma zis senpleman dir ki sa tim Air Seychelles in prouve ki zot pare pou met prosperite zot lakonpannyen, avan zot prop lekor.

Mon oule osi azoute ki pandan sa dernyen 3an, mon’n obzerv en gran sanzman dan lapros management avek son langazman pou kontinyelman enkli bann travayer dan bann desizyon kle, pou bann proze ki nou pe travay lo la, la e bann fitir proze.
Pou terminen, mon a pran loportinite pou remersye sa Msye Prezidan Ramkalawan e son Gouvernman, pou donn tou pg.

32 Verbatim Report NAS Sitting Tuesday 02nd February 2021 sa bann Manm Onorab an antre pou loportinite diskisyon nou avek Air Seychelles, anfen ki nou a nobou vin avek en solisyon ki pou Air Seychelles, me osi mentenir zentere Sesel.

kontinyite asir E finalman en gran mersi pou tou mon bann koleg Air Seychelles pou zot devosyon.

Mersi.
Mersi.

MR SPEAKER Mon pou pas en dernyen kestyon oubyen komanter avan nou terminen pou la.

Mon rekonnet ki i annan plizyer Manm ki’n lev lanmen.

Me selman mon mazinen poudir pou annan sans avek lezot panel pou zot lev kestyon ki kapab relevan avek sa ki zot ti anvi demande ozordi.

Mon apel Onorab Sandy Arissol.

HON SANDY ARISSOL Bonzour Mr Speaker, bonzour tou Manm, bonzour bann Manm panel.
Mr Speaker mon krwar i enportan pou nou, zis pou bann dimoun ki pe ekoute deor, pou nou remind tou nou zot poudir nou konsernen size Air avek Seychelles.

E si zisteman nou annan en group dimoun ozordi ki nou’n envite dan Lasanble Nasyonal se parske, nou tou dan en fason, en pti bout dan nou leker nou kontan nou airline Air Seychelles.

Nou bezwen rekonnet sa.

E mon osi dan distrik Bel Ombre, mon annan kantite dimoun, call mwan an relasyon avek Air Seychelles, alor mon kestyon i vin lo sa laliny.
travayer ki’n Air Seychelles toultan nou annan enn group ki nou apel zot bann management, apre nou annan bann staff Air Seychelles.

Staff Air Seychelles i konpri bann ki travay dan CIPVIP, ground handling, bann cabin crews ek lezot travayer.

Si ozordi nou dan en sityasyon ekonomik, kestyon ki mon anvi demann avek zot devan bann panel, zot ki la ozordi, parey mon pou demann sa bann ki vin taler.

Zot ki konte anler, zot ki asiz dan biro ki kont sou.
Zot ki vwar letan larzan pa pe antre, zot ki vwar letan sa bout pa pe azout ek sa bout.

Zot ki vwar poudir Sandy Arissol pe fer labi, be zot ki zot in fer koman management?

Mon ti a kontan demann zot sa kestyon.

Ki zot management zot in fer letan zot in vwar poudir sa bout pa’n aziste ek sa bout?

Akoz, letan sa bout pa aziste ek sa bout, ozordi nou pg.

33 Verbatim Report NAS Sitting Tuesday 02nd February 2021 vwar nou dan sa sityasyon.
Prezan ou konnen, letan sa bout pa azout ek sa bout ki nou fer, nou target sa cabin crew, nou target sa fiy ki travay dan CIPVIP, nou target bann travayer ki pa ni konnen kote sa sou in pase li.

Selman li ki ganny targete.

Mon premye kestyon, ki zot, zot in fer koman management?

Mon pe demann zot sa kestyon, akoz zot ki la ozordi, ok. Sa mon premye kestyon.
Mon dezyenm kestyon mon ti a kontan demann zot, taler mon pa’n tro happy letan Mr Khan in dir nou ou pa tro konnen konbyen zot pe pey lakaz laba Eden Island.

Si tou le mwan, ou Mr Khan ou annan en lalis ki ou peye, ou bezwen konnen by now, dan ou lespri, pandan 3an, poudir mon transpor pou li ranpli i pran R1500 fuel.

Mon bil elektrik dan lakour i ariv R300, i ariv R600, tou le mwan ou bezwen konnen sa.
Alor Mr Khan, mon en pe pa kontan letan ou’n vini ou’n dir ek nou, ou pa konnen konbyen zot pe lwe lakaz Eden Island!

Ou bezwen dir nou ozordi, si nou anvi dan lespri sov Air Seychelles.

Dir nou konbyen zot pe peye lakaz kot Eden Island silvouple?

Lo sa pwen mon ti a kontan demann en lot kestyon.

Par egzanp bann labi ki annan kot Eden Island, kot Air Seychelles.

La mon aprann poudir i annan en pilot, i ganny li en gro, i ganny li en housing allowance, selman li i pe reste lo en bato Eden Island li.
Eski zot okouran sa zot?

Ki zot pe fer avek sa?

Ok?

Par egzanp nou annan nou, nou bann avyon, bann ki anmenn cargo par egzanp, mon aprann poudir zot aircraft, new aircraft cargo li i zis 120 par 80 santimet.

i ki Sa bann fer biznesmenn Sesel pa kapab si zot annan larzan, fer zot cargo vin atraver nou avyon, pou zot ganny plis larzan ankor.

Be i bezwen fer li vin atraver bato ki vin 3 mwan.

Konmsi mon ava aret la pou le moman, parske nou letan i kont nou.
Be selman mon ti a kontan zot osi konnen ki zot management zot pe fer.

An relasyon avek labi, zis parey letan nou ti annan en zofisye Air Seychelles ki ti asiz lo Board ki ti en Sef.

I ti pe lwe Creole Spirit anvil avek son fanmir e tousala in form par ki ozordi nou pe asize nou pe fer en diskisyon.

Anmas en pe kestyon pou taler bann ki a pe vini.

Be la pg.

34 Verbatim Report NAS Sitting Tuesday 02nd February 2021 mon ti a kontan zot donn mwan en larepons.

Mersi bokou Mr Speaker.

MR SPEAKER Mersi.


Kekfwa Mr Khan ti a kontan adres kestyon.

MR STEVEN KHAN Ok. Mon ava adres sa size Eden Island.

So avan bann apartman, nou ti pe pey $4mil par mwan pou 2 apartman, each.

So i pou tonm $8mil an tou.

La currently pou nou CCO, mon krwar its still around $4 mil menm.

Selman pou nou CEO, mon krwar ti annan en rate reduction, ki mon krwar CEO pe peye li menm if I am not mistaken, right?

The issue is, Air Seychelles nou bann depans i dan bann milyon, right?
Nou annan en ta depans ki pe antre, en ta invoices.

So it’s difficult pou nou keep track of individual invoices, right?

So mon’n tyeke ek mon team la.

It’s best apre nou tyek ek the management team ki vini apre, to confirm si i vre CEO pe pey son rent and how much it is.

Thank you.

lo bann kestyon spesifik Onorab Arissol?

Ms Pascal wi.

MS JULIETTE PASCAL la pou Mersi pou ou kestyon.

Lo kote management mon zis fer sorti poudir sa distre management ki le moman i la depi 2017, e pa avan.
So nou’n la, i more or less Seselwa, nou la 2017 pa avan.

E avan nou ti santi poudir nou lopinyon, nou sizesyon pa ti pe ganny konsidere.

Me ek sa sanzman ki’n arive, nou’n war poudir la nou pe ganny ekoute e nou part of a team ki pe travay dir pou Air Seychelles.

MR SPEAKER Onorab, wi.

Mersi Ms Pascal.

Mr Morel.

MR HERVE MOREL Mr Mersi Speaker.

Onorab Arissol, mersi, ou kestyon i tre pertinan.

Mon kontan ou’n demande.

Parey Ms Pascal in dir ek ou, sa tim ki la, mwan mon’n fek zwenn 2an pase.
Mwens ki 2an pase annefe.

Kestyon, akoz ki nou’n fer koman management pou adres bann keksoz parey bann size labi, parey ou’n klerman fer resorti, i en keksoz enteresan.

MR SPEAKER Mersi.

Okenn lot Manm panel i annan okenn repons Akoz nou kot bokou pilot, nou’n ganny dir pran pay cut, oubyen dan lepase kot pg.
35 Verbatim Report NAS Sitting Tuesday 02nd February 2021 bokou vwar nou’n viktimizasyon, nou’n ganny anvoye partou, nou’n al fer Falklands, larout Assumption, Abu Dhabi, san ganny demande nanryen, san ganny demande nou lopinyon nanryen, ok?

zil, E nou ti redemande sa kestyon nou, be management ki pe fer, akoz ki management i allow bann keksoz koumsa pou arive ek nou.

Nou annan fanmir nou osi, ok?

E pou nou reponn Seselwa ou endirekteman, sa i en lafors ki’n fer join management.
I en benediksyon dan en kote kot ou war bokou sa bann etranze in ale.

Parey nou bann siperyer in fer sorti ozordi, plis ki 99 poursan staff management i Seselwa.

E nou’n fer sir ki nou antre dan sa, comme dir manrmay, dan sa league Air Seychelles.

management So i funny ler ou dir, i i annan management apre Tou annan staff.

i osi staff Air management Seychelles.

Ok?

E nou annan sa lakor parey mon pe dir, ok.

Non.


Bann size Eden, bann size depan labi e parey Ms Pascal in dir ou, sa i bokou bann management avan, me i pa lo nou watch la right now, ok?

I pa lo nou watch, sa nou kapab dir ou.

li E pou reponn pou sa pilot i deside reste Eden.

ki Posibilite wi, me selman nou pa kapab fors en dimoun kote ki i pou reste li, ok. Nou kapab koze, me i annan pilot osi ki pe reste dan lakaz en fanmir avek 6, 7 dimoun.

Ou vwar, i annan 2 fason regard li.


Me nou pa donn personn larzan an plis, nou pa donn pilot housing allowance pou li swazir kote i kapab reste.

Si li i annan son mwayen, kekfwa i annan en keksoz biznes prive, oubyen en keksoz, sa i konsern li.

Me nou lo kote lakonpannyen pa nou tou ki parey.

Mersi Mr Speaker.

MR SPEAKER Mersi Mr Morel.

Nou pou termin, nou pou pran en pause la.

Onorab Georges ou anvi.

Wi.

HON BERNARD GEORGES Yes, Mr Speaker.


Mon mazinen ki ler nou pou retournen nou pou vin avek management.

MR SPEAKER Wi.

HON BERNARD GEORGES Me mon vwar ki, permet mwan, nou’n envit sa tim la e pg.

36 Verbatim Report NAS Sitting Tuesday 02nd February 2021 nou’n manz en pti pe dan zot letan, par bann keksoz ki nou’n koze avan.

Mon vwar ki Mr Morel i annan en prezantasyon.

Mon war sa akoz mon war son laptop devan mwan.


Kekfwa nou ti ava donn li at least enn de minit pou li zis fer sa prezantasyon, pou li pa al san ki in ganny loportinite koz avek nou e manz en pti pe dan nou break.

Mersi.

MR SPEAKER Mon’n envit Mr Morel plizyer fwa pou sinyal mwan.

Mr Morel ou ti a kontan fer en statement?

MR HERVE MOREL Anfen Mr Speaker mersi, Mr Onorab Georges mersi.

Anfen, mon ti pou zis sum up prensipalman ki mon bann koleg in dir.

Mon pa pou pran bokou letan.


Mon pa pou repet mon lekor, mon Herve e mon osi mon en Cascade boys parey Onorab Monthy i ete.

Mon’n avek Air Seychelles pou 15an.

Pandan sa 15an mon’n war bokou defi, me an plis ankor, parey mon pe dir, en lafors Seselwa, en lekip Seselwa deryer lakonpannyen pou sey fer li rantab kot i kapab.

Pa’n toultan marse me nou ankor pe seye.

Plizyer lannen nou’n ganny dir airline pa pe fer byen.

Me sa ki fodre note, nou travayer nou pa’n zanmen give up, en bon pe nou.
Bann lannen kot nou’n bezwen lapros ki restriktire, sanz mannyer nou fer biznes, nou’n mars ansanm pou sey anmenn en reveni, swa pou pei oubyen pou airline li menm.

Nou pa’n mazin zis nou lekor.

Bokou keksoz ki Air Seychelles in fer i pou peye.

Ler nou regard devlopman nou airline, fodre fer resorti ki nou travayer Air Seychelles i plis ki 99poursan parey mon’n dir taler.

E sa i montre langazman ek lentere ki nou prop dimoun in fer pou Air Seychelles i en benefis pou Sesel.
lo Bann lobstak ki nou’n fer fas avek, pou nou anmenn de rediksyon laflot avyon, travayer ganny fer redundant, deplwayman dan Assumption, Falklands, Abu Dhabi parey mon’n dir Onorab Arissol.

Tousala in fer nou pli for.

Nou rezilyans i bokou, ki kantmenm nou ptipti i fer nou pli for ki bokou laliny aryen deor laba.

Ou kapab dir tou sa lobstak in vin en benediksyon.

Ozordi nou pe travay lo en bann masin avek bokou konpleksite e pg.
37 Verbatim Report NAS Sitting Tuesday 02nd February 2021 pas Nou charters i pa fasil.

Lo nivo sekirite lavyasyon i a oter byen eleve.

pe bann evalyasyon enpoze lo nou, par plizyer sosyete avek Lotorite Aryen parey Ms Pascal in nonm IOSA taler.

Nou bezwen kit azour avek ki pe pase.

E sa i donn nou plis valer lo nivo enternasyonal.

Kot bann i vreman enterese avek nou servis, zot annan konfyans dan nou.

Sa rezilyans i fer nou vwar ki mannyer nou kapab readapte tre vit.
Pandan COVID, byen boner nou’n deside ki nou bezwen nou misyon.

Ler bokou bann gro airline in park zot bann avyon e nepli kapab servi larout Sesel.

Pandan sa moman lensertitid nou’n angaz nou avek lakonpannyen airbus, pou regarde ki mannyer nou pou bouz devan, target bann gro cargo menm repartisyon.

Bokou travay in ganny fer ek bann partner kle ki lakor avek Lotorite konpri an Sivil, Lavyasyon kolaborasyon ek Minister Lasante, kot nou kapab vwar en fason pou kontribye anver nou.
Nou’n ganny en pake diskisyon e menm Dr Gedeon parmi son bann lekip.

Zot pa tro, tro kontan nou, me selman zot vreman remarke louvraz ki nou’n fer.

pou komans dan Teknikman i pran bokou en letan loperasyon, nouvo destinasyon.

Mon ti an kontan partaz tou mon bann traze avek zot, me selman parey nou dir, letan pa permet.

Me ozordi mon asiz tre fyer devan zot, pou anonse ki pandan sa moman tre difisil, Air Seychelles in nabou ariv dan 40 nouvo destinasyon pandan sa letan pandemik.
Sorti lease nou ti schedule, nou’n vwar lemonn antye, pretty much, i dir an Angle.

E sa mon ti a kontan profite, pou remersye nou tim, tou nou staff ki’n devoue, ki’n travay, montre zot fidelite anver nou airline.

lo rantab cargo, Mersi bokou mon bann staff.

Eski Air Seychelles pou zis kapab pli ek loperasyon ground oubyen domestik?

Sa i en kestyon dan labous Seselwa e menm labous mon dan madanm tou.
Si ou retir ou seksyon enternasyonal dan loperasyon avyon, ground domestic oubyen antyerman cargo, depandan lezot lakonpannyen.

pou lo Son biznes model li Air Seychelles i fer ki son reveni i en pg.

38 Verbatim Report NAS Sitting Tuesday 02nd February 2021 sel antyerite, ok?

Enn i depan lo lot pou soutenir kanmarad.

Enternasyonal li menm i anmenn en kontribye deviz etranzer, sistenm son rezervasyon e peyman pou son pasaze i konekte direkteman avek domestik.
Si ou tir enternasyonal ou pou vin pli ser pou gard domestik li tousel vi ki pou napa sa sibvansyon pou ede pey sa sistenm parey enternasyonal ti pe ede peye.

Ou pou bezwen preske menm, kantite travayer dan Lozistik, bann Departman parey Sekirite, Konformite, pou kontinyen ou loperasyon domestik oubyen ground cargo.

Finans, Leksperyans in montre nou, si bann lezot airline i deside aret vini en sel kou, ou pa pou konnen ki pou fer ek sa 3 lezot departman, zot fouti.
Mazin kontribisyon direk ou endirekteman ki loperasyon enternasyonal i anmennen pou pei, kontribisyon lo tax saler travayer, kantite nou par depanse lo laboutik, depans ki poursantaz touris i fer dan pei, Sesel ki kontribisyon anver lezot sekter parey SEYPEC, SCAA, Sky Chef, IOT, nou kontribye.

anmenn nou Bann biznes prive ou eksportasyon ou lenportasyon, kontribisyon ki bann Sidafriken i fer, ki zot, zot bezwen sa laliny direk sorti Sid Lafrik pou vin bann E menm Sesel.
lakonpannyen konstriksyon sorti dan Lenn.

Sa i enn de ki mon’n nonmen e kot nou, nou bezwen step in dan letan COVID pou Mon zis nou kapab ede.

demande si vreman bann lezot airline i deside aret fer larout Sesel, ki pou arive avek sa bann sekter ekonomik.

Pa zis mwan ki pou ganny afekte, pa zis mon bann pilot ki pou al dan lakour san en saler.

regard Nou deza transformasyon konmanse pou restriktir sa lakonpannyen par nou bann Seselwa.

devret ki Bokou zefor in ganny mete dan plizyer domenn.
E menm nou kot flight operation, en kantite keksoz in ganny fer, kantite kontra ki nou pa kapab reservi, tousala in ganny re negosye, oubyen nou rod pli bon marse pou nou kapab nou kontinyen loperasyon.

maintain Entrodwir lantrennman pou nou lekipaz lokalman.

Be mon fyer pou dir, nou lekip Seselwa ki antrenn nou bann lekipaz an se moman.

Bann keksoz ki nou kapab fer menm, nou pe fer.

pg.
pg.

39 Verbatim Report NAS Sitting Tuesday 02nd February 2021 Ozordi nou vwar nou prop travayer, parey Ms Pascal in dir, pilot, cabin crew, office staff, tou dimoun pe ede load avyon, met cargo, met bwat pwason dan avyon, pou ede netway en avyon, lav avyon.

Pou kit li prop wi, me pa zis pou lizye dan gete dimoun.

Ler ou kit en avyon prop la, i fer li pli glise dan lezer ki i pa kale anler dan ler pou li konsonm plis karbiran.
Sanmenm sa son purpose, ok. Mon ti a kontan, mon ti a ki eskiz mwan, espere konsiderasyon i ganny pran dan tou laspe nou loperasyon.

Travay kolektif i en rol enportan dan nenport ki devlopman.

Ti a byen si nou antre lo en platform avek Gouvernman, kot kekfwa Minister Transpor i travay avek konzwentman Minister Touris an partenarya avek Air Seychelles pou vwar ki benefis sa airline i anmennen pou pei.

I ti a soulaz nou bann staff e fer Sesel an antye konnen kwa ki vreman nou fer.
Nou ti travay, pa ti a tonm anven.

Mersi Mr Speaker.

MR SPEAKER Mersi Mr Morel.

Bon nou ava aret la pou sa sesyon.

Nou a repran travay 11.

10.

(BREAK) AIR MANAGEMENT STAFF SEYCHELLES MR SPEAKER Nou panel pou sa peryod i konpri Staff Management Air Seychelles.

E avek nou isi nou annan Mr Jean Weeling-Lee Chairman Board Air Seychelles, Mr Michael Berlouis Chief Finance Officer, Mr Herve Morel ki ti avek nou bomaten e Mr Gustave Pragassen ki ansarz Engineering.
Mon a swet zot labyenveni e mon a dir zot mersi pou vin avek nou bomaten pou sa rankont, e mon ava envit bann manm panel ki’n pare avek en prezantasyon pou fer li pou konmanse.

E lezot manm panel fer statement si zot anvi direkteman avan nou konmans kestyon, silvouple fer li annou profit lo letan konmansman, pou fer sir.

E antretan si letan nou pe ale zot santi zot bezwen fer en statement oubyen anmenn en leklersisman lo okenn pwen, silvouple lev lanmen e mon a rekonnet zot.
Alor la mon ava envit Mr Jean Weeling-Lee pou konmanse.

pg.

40 Verbatim Report NAS Sitting Tuesday 02nd February 2021 CHAIRMAN AIR SEYCHELLES BOARD JEAN WEELING-LEE Mr Speaker, Madanm Deputy Clerk, Leader of Government Business, the Leader Opposition e tou bann Manm Onorab prezan e bann dimoun a lekout, bonzour.

Mersi bokou pou sa lenvitasyon pou ganny sans pou kapab vin fer sa konversasyon avek zot.

of devan konman Nou la pou klarifye plito pa pou defann ni refute, ni kontradir personn.
Lo la pou rod konverzans pou nou kapab en bouz konpannyen.

Nou pwen depar ozordi alor e nou la pou rod en solisyon, pou sa problenm Air problenm sa Seychelles international flying ki enteres tou nasyonalman an nou zeneral.

Nou konnen Air Seychelles ozordi i dan problenm.

E son problenm primordyal i sa problenm det ki i annan ozordi.

Sa i en topik tre enportan, me selman mon krwar ki annou fer mannyer bouz en pe pli devan nou a koz lo la lo en lot zour pou ganny diferan konversasyon.
La ozordi nou pe rod solisyon pou focus plito lo problenm ki devan nou international flying.

avek Air lavyasyon mon Seychelles krwar nou tou nou konnen i en topik tre teknik, ou bezwen Problenm specialist knowledge pou kapab konpran pa zis sa biznes, me solman sa ekosistenm dan ki sa bann travayer Air Seychelles i operate ladan.

I konpleks i demanding e mwan mon’n fer 12an dan sa laliny mon ankor en etidyan akoz i annan bokou plis spesyalis dan tou sekter ki pli konnen ki mwan.
Mon bezwen apresye sa konman en pwen depar.

Nou problenm annan defwa i ki nou tou nou annan en lopinyon lo en topik ki telman pre avek mon leker sa i vre.

Mon osi tou.

E nou kapab koz lo en baz emosyonnel.

Selman nou pa oule koz lo lemosyon ozordi, akoz mwan mon kapab dir ou lo baz emosyon mon kapab donn en bon largiman, akoz fodre nou fer tou nou posib pou sov konpannyen Air nou Seychelles.

pti diferan Me sa pa en diskisyon ki nou pou fer ozordi.

I tre emosyonnel.
I tre emosyonnel.

Ou konnen perspektiv annan defwa i donn en ou problenm.

Si ou get en shift nimero 9, perspektiv i 6, we are both right.

Kote nou pe get sa problenm.

Se sa nou annan diverzans lo lopinyon.

larepons Pa akoz nou napa the right answer.

Nou pe get keksoz dan diferan pozisyon diferan pg.

41 Verbatim Report NAS Sitting Tuesday 02nd February 2021 perspektiv.

Se sa mon dir annou rod konverzans.


Annou rod sa problenm Air Seychelles lo en baz otistik pli o ki nou e pou nou kapab pran en bon desizyon.

Mr Speaker se sa ozordi mon krwar ki ti a pli bon ki pou sa 30 minit nou pare nou dir nou reset our mind, nou reboot.

Fer krwar nou pa konn nanryen dan lepase ki’n arive.

Zis pou en moman.

Annou focus lo current apre lefitir, zis pou en moman.
Parey nou dir annan de fwa ler nou lanmok i plen kantmenm ou vid delo ou pa pran plis, annou retir tou delo gard nou lanmok vid, annou konmans sa dyalog lo sa baz.

Dan mon parkour Air Seychelles toultan mon’n ganny dir, Air Seychelles pa dan biznes aeryen li.

I dan biznes la pou siport tourism.

lekonomi Sesel prensipalman lendistri tourism.

I Nou la pou fer sir ki desizyon ki nou pran pa toultan neseserman dan lentere sa pti airline.

Me annou get the bigger picture, nou Lendistri Tourizm.
Se sa en kantite desizyon in ganny pran ki’n benefisye lendistri tourizm e lekonomi, me i met nou konman Air Seychelles, dan en problenm.

business Mon kapab koz en pe lo annou ouver bann market direk, parey Paris, parey China.

case nou Napa konnen, akoz napa biznes case?

Akoz nou konman en Air Seychelles nou pa the carrier pou Sesel.

Nou pa en price setter, nou en price taker.

Pri i ganny donnen marse nou bezwen compete lo sa baz pri ki’n donnen.
Nou pa kapab dir nou cost i en Roupi met nou market 10sou vann ou servis R1.10.

Sa market i sa price kantmenm nou pri i R1, pri i 50 sou.

Si nou fly nou pou perdi larzan.

I annan defwa nou bezwen fly akoz benefis pou pei bokou pli gran.

E se sa ki nou tonm dan sa bann problenm ki nou ladan.

Me plis ki sa lo Polisi Open Sky, Open Sky i bon pou lekonomi i donn ou pli bon kolektivite e ranpli tou nou lasanm.

Nou tou nou prospere.

Me i pa bon pou airline.


i Akoz ou konpetiter bokou pli gran ki ou, i annan bann predatory pricing ki kapab fer, e i pou detri ou.

E se sa ki’n arive dan lepase ki nou’n vwar nou en sityasyon dan en price taker, nou pa kontrol nou larout.

Alor i essentially we became a minority payer, dan en sekter ki primordyalman i pg.

42 Verbatim Report NAS Sitting Tuesday 02nd February 2021 pou nou.

Sa nou bezwen fer kler osi.

ti fer.


Solman mon pa pe koz bokou lo pasyan ankor ki sa en statement mon’n Mr Speaker si ou permet mwan, mon ti a kontan plito koz lo mon parkour vin ler mon Chairman Air Seychelles kan mon ti ganny apwente par Prezidan Faure Novanm 2016.

I ti en fardo lo mwan, akoz ti mon responsabilite mon annan pou pran sa fardo Air Seychelles e mon konnen i ti en sityasyon ase difisil osi.
Mon ti konpran ki pe pase me selman akoz mon’n travay ek mon bann koleg mon’n deside osi pou pran sa challenge pou gete ki nou kapab fer.

Pou nou kapab pti transform reform konpannyen, e fer li sirviv tou sa bann defi ki i ladan.

sa Nou ti dan en sityasyon det, apre nou bann adventures ki nou’n fer pa adventures me nou bann desizyon pou nou fly long haul to open markets like Paris, apre lezot konpetiter in antre, pou sey al China pou sey al open sa market ki nou pa’n succeed in the end.
E nou ti bezwen reget nou sityasyon ki mannyer nou kapab fer sa pti konpannyen vyab aprezan.

Pa konman en lendistri konpannyen en tourizm, me konman dan dan biznes konpannyen lavyasyon.

La nou bezwen get put ourself first konman Air Seychelles.

Se son labaz ki Management Board shareholders kolektivman ti agree pou reposition sa airline back again to original carrier.

Akoz zot ti dir nou fer sa?

Sa lepok Novanm 2017 ler nou ti pe finaliz sa plan, nou ti opsyon annan arete Same flying.
international discussion nou ti annan ozordi ki dan public domain.

fly Me ladministrasyon se zour ti fer kler ek mwan, annou zanmen perdi sa kapasite pou long haul si en kapab moment of need.

Maintain sa kapasite to fly an international airline, akoz i annan serten risk geopolitical si bann airline i boycott nou, zot pull out;- si i annan serten kriz dan Middle East, whatever annou mentenir sa kapasite fly internationally.

E sa fer nou, nou parkour vin difisil.


Si ou dir mon aret international flying, mon garanti ou en profi e nou tou nou al dan lakour.

Me nou problenm i ki nou pa la zis pou generate en profi.

Me pou donn en sense of security e stabilite pei.

E se sa konmsi sa back drop.

to i pg.

43 Verbatim Report NAS Sitting Tuesday 02nd February 2021 E sa dan plan transformasyon ki nou ti’n fer i ti annan 2 konponan mon pou fer kler la.
En konponan nou kapab met dan en bwat, en konponan pou tackle sa det ki nou annan.

E sa napa naryen pou ek ek management.

Ti en keksoz ki shareholders antre zot de ti pou sort out.

Board fer Dan debts nou tire.

Nou konman Board Management nou focus i lo transformasyon operational.

Ou bezwen fer sa konpannyen operationally profitable or variable.

E si i fer en pti loss, i bezwen ant sa lapeti Gouvernman pou siporte.

Ya that was where we were.


E sa transformasyon operasyonnel ki nou ti bezwen fer, ti annan bokou work scripts ouswa linisyativ.

Mon krwar bann koleg in eksplik zot en pe, be mwan mon ava detay tousala an pwen, Premye fer aret linisyativ ki ti bezwen long haul operation.

E sa i demann ki nou exit sa 2 gro avyon wide-bodied Airbus A330 les li ale.

Pou annan en kou ki nou pou bezwen les ale, nou pa kapab siport sa kou, sansan i ti pou asiz ater.

Ti pli bonmarse.
Ti pli bonmarse.

Dezyenm pwen enportan nou pa kapab run sa 2 vye pti avyon Airbus 320 ki nou ti annan i ti pe kas kase i pa ti efikas.

Apre osi deza i ti preski plen 80poursan, load factor lo original network.

Nou ti bezwen sanz sa 2 pti avyon, pran 2 avyon pli nouvo ki ti still of the bann Airbus A320neo.
E nou pti tim ki ti bring sa aircraft into service, e li menm li i difisil, difisil sa prosesis i complex as well, Gustave son tim e lezot dimoun osi Sandy zot in kapab fer less single handling li avek siport avek Etihad.

Me nou’n fer li.

li, more or Nou ti annan osi pou right size nou konpannyen.

Ler ou ptipti ou napa kapasite siport gro sistenm ki tro lour pou ou, ti annan ki laspirasyon fly internationally pou annan pli bon prodiktivite.
la akoz ou pou Alor passenger service system ki nou ti lo la Sabre nou’n bezwen sorti ladan al enn pli bonmarse, pli leze ki apel Hitit.

Sistenm digital ouswa backbone nou sistenm IT, IBM, i ti tro lour pou nou, tro ser.

Bezwen sorti ladan al lo en sistenm pli bonmarse ki pou nou stand alone as oppose to within the Etihad network.

Nou ti annan pou nou koup kou.

E sa bann linisyativ koup kou ti partou dan konpannyen lo catering, lo bann pg.
44 Verbatim Report NAS Sitting Tuesday 02nd February 2021 suppliers, fer li pli bonmarse.

Get rid of all the flap.

Nou ti bezwen fer.

E sa nou bann staff in deliver tou.

Nou ti annan 2 right men, re tyek tou pozisyon dan konpannyen, fer sir ki napa enn ki an plis, e bann kot nou kapab fer bann multitasking combine roles together, nou’n fer.

Pou fer nou leaner, more agile.

E plis ki sa nou ti annan en lot rev.

Sa rev pou retir tou bann fonksyon, ki nou ti pe depan lo Etihad anmenn li tou lokalman.
Upskill nou bann dimoun.

E ozordi mon fyer pou dir laplipar tou fonksyon apart ki en few, i dan lanmen bann zenn koleg Seselwa, ki’n travay dir pou fer sa posib.

Alor nou almost free standing konmela as we speak.

Nou pa depan lo personn as we lo speak.

personn preski.

Nou pa depan E plis ki sa nou kontinyen invest dan dimoun osi, guard them, certify train safety tousala in reste primordyal, e enportan pou nou.

Zanmen nou’n cut corners lo la.


Se sa ozordi ler mon get Air Seychelles mon measure the investment the Human Capital ki annan, me i al dan milyon, Dolar bokou milyon.

En pilot konman Herve ankor 20an pou li kapab fly.

Son human capital i 3, 4 milyon Dolar deza.

Nou annan en bon pe sa bann dimoun.

Bann enzenyer, zenn ki avek nou.

Sa investment dan human ta nou’n kantmenm capital depans larzan i reste dan nou pei.

Si nou get li dan sa konteks koumsa.

Pou mwan pandemic en kote COVID in deray nou en pe.
Se sa ozordi ki nou la.

Operationally nou plan ki nou ti pe fer tre byen pou 2an, trwazyenm lannen nou’n ganny en pti boulversman, Zanvye Fevriye nou ti fer byen, Mars nou deraye ou kapab dir, e la nou problenm.

Me mwan mon vwar sa COVID en problenm tanporer.

We will get out of it.

Good times will follow.

Sa mon napa problenm avek sa.

Sipor Me solman nou bezwen tou dimoun sipor.

kolektivman, akoz i en fe ki napa okenn lendistri ki pa’n ganny touse par COVID.
Nou pa endiferan ek nenport lendistri, sa i vre.

Me solman COVID pou mon mon’n vwar en gro loportinite, en?

E sa loportinite i ed nou adres pli gro problenm Air Seychelles.

E sa problenm i det.

140milyon.

Si ozordi nou fini pandemic det i ganny redwir sorti lo 140milyon, pou petet 50 milyon 45, 50milyon Dolar i pg.

45 Verbatim Report NAS Sitting Tuesday 02nd February 2021 pou retourn means ki ou’n fer en manman progre sa konpannyen back to solvency.
Annefe si apre nou siny nou deal avek Etihad, nou fer nou en benefis $60milyon dan discount nou det, i vin parey en credit note dan nou kont.

Air Seychelles 2021 i pou montre en profi ok?

E si plis nou ganny en sans strike en deal ek bann bondholder det osi i redwir.

en E si nou kapab ganny sa sans ozordi, sa window nou kapab sort out nou det Air Nou problenm Seychelles.

gro i pa operational problenm apre sa.

Me solman fodre nou travay ansanm.

Sezi sa loportinite.


Pou nou kapab restructure get the balance sheet right, ki Air Seychelles i annan en sans pou li kapab anvole, san diplon anba li.

Ki toultan ti dan son problenm tou nou Mr Speaker en keksoz ki kler e ki sa en letan difisil pou lavyasyon lendistri an antye.

Mon’n ganny dir par son expert i annan apepre 700 ki lakonpannyen dan lemonn.

aryen Ladan petet 30 ki pou kapab survive san bail out.

Apre sa pandemic si i kontinyen persiste.


Mon swe ki i annan en tranteen par 30 ki Air Seychelles i sorti dan group, ki pa pou fer international flying i ganny met dan sa group ki pou kontinyen survive.

E se sa nou deba.

Lo sa baz mon krwar mon’n ouver lasal mon krwar mon pou fer mon koleg Michael take over pou fer son prezantasyon, si Mr Speaker i permet.

MR SPEAKER Mersi Mr Weeling-Lee.

Mon ava apel panel pou koz direkteman dan mic sirtou letan zot gard zot mas.
Akoz nou touzour annan en pti problenm son i en pe bourye.

Koz direkteman dan mic silvouple.

E Mr Michael Berlouis.

MR MICHAEL BERLOUIS Bonzour Mr Speaker.

Bonzour bann Manm Onorab Lasanble Nasyonal sorry I am conscious of time so I gonna try shorten this.

Premyerman lo tim on behalf tim Air Seychelles an antye mersi vreman pou tou sa letan ki bann Onorab in spend ek staff lo call avek nou Sanmdi again ozordi en zournen en zournen plen.
Nou konpran poudir sa letan i en letan Bidze e your time is very stretched, so thank you very much pou spending so much time pou konpran sa pg.

46 Verbatim Report NAS Sitting Tuesday 02nd February 2021 problenm e sa sityasyon Air Seychelles an sitan o profon ki zot kapab fer sa desizyon.

Prezidan dan son diskour Leta Lanasyon, in address premyerman det Air Seychelles, e osi ki form Air Seychelles i devret pran pou lefitir.
Kot Air Seychelles nou vwar sa kestyon i breakdown dan 3 statement ouswa 3 kestyon ki Lasanble Nasyonal i bezwen konsidere.

Premyerman ki meyer fason pou fer fas avek sa det ki lo balance sheet Air Seychelles?

eski Air Seychelles i devret kontinyen fly international pou lefitir e pou long term?
Dezyenmman Apre ki mannyer ou pou sorti dan sityasyon ki nou ete la e avek COVID, avek very low tourism arrivals pou nou ariv sityasyon ki Air dan Seychelles pe debout li menm, e pe fer en profi e i self- sustaining?

en lo Lo premye kestyon lo det;- Premye fakter ki bezwen ganny ranforsi, i ki Air Seychelles i en antite legal.

Savedir tou biznes unit Air Seychelles ground handling, launchers, domestic, cargo ek international, i tonm anba sa menm lakonpannyen.
E osi sa det in ganny pran sa menm lakonpannyen.

Savedir si menm si ou ti ou enternasyonal oubyen ou ti domestik tir ouswa planetary ground handling ou still reste ek sa det.

Sa det i toultan reste la, i bezwen ganny de earth ways.

Savedir ou bezwen either negotiate en discount, ouswa ou bezwen peye.

Ozordi det Air Seychelles i about a $149millions - 69.5 i avek Etihad pou bann invoice ki Air Seychelles pa’n kapab peye akoz zot pa pe fer ase larzan.
8 million i pou en shareholder loan pou aste 2 Twin Otter.

71.5 i pou bann Bond, ki ek bann bondholders ki independent of Etihad.

Parey zot ganny dir Etihad in ofer en discount 79% lo tou son bann det.

Including sa shareholder loan.

Savedir apre discount Gouvernman ouswa Air Seychelles, i pou bezwen rod $15.3 milyon pou pey en det 69.5 plus 77 million.

E sa pou pey sa $15.3 milyon Etihad in agree pran $11.7milyon as a front payment ki ti ganny ofer last year.
Sa larestan i pou offset against 2 milyon deposit ki Air Seychelles i annan ek Etihad.

Sa larestan larzan $1.5milyon i pou ganny peye an morso, over 18months.

Savedir $89 thousand per month, ki kapab ganny abzorbe dan cash flow Air Seychelles.

pg.

47 Verbatim Report NAS Sitting Tuesday 02nd February 2021 Savedir vreman pou Gouvernman retire sa debt $69.5million of konmsi of invoices, plis sa loan 8milyon, Gouvernman i bezwen pey sa $11.7million off-front.
Larestan Air Seychelles pou take care of either through sa deposit ki pou ganny offset, ouswa through the payment plan over 18 months.

Vre problenm debt Air Seychelles i vin ek bondholders.

Sa bondholders nou drwa zot 71.5million.

Gouvernman in ofer en 72% discount, savedir en $20milyon.

peyman in ofer en li Bondholders discount 20poursan savedir en peyman $57.2milyon, I don’t need to elaborate pou dir well ni Gouvernman ouswa ni Air Seychelles napa $57.2milyon pou pey sa bann bondholders.
Opsyon pou retire sa det aprezan vreman i annan 3 opsyon.

Premye opsyon i pou Gouvernman pa fer nanryen, which is currently what we are doing.

Pou sa bann bondholders menm si zot annan sa det e sa Debt Agreement pou zot anforsi sa det avek lo Air Seychelles, zot bezwen premyerman al kot en Lakour Londres, letan zot in ganny sa ruling, zot pou bezwen vin kot Supreme Court Sesel pou zot fer sa ruling ganny rekonnet Sesel.
Depending si i appeal sa Air Seychelles process, i pou kapab pran 1an a 3an pou sa bann bondholders kapab ganny access avek asset Air Seychelles.

Apre 3an really zot pa pou kapab recover dan letan COVID ek asset Air Seychelles plis ki $20milyon.

Savedir i fer sans pou zot pran $20milyon ki Gouvernman pe currently ofer zot.
Selman zot envestiser they - well zot pa pou tro annan en lentere lo Sesel zot pa pou annan lentere Air Seychelles, so zot anvi maximize ki kantite larzan zot pou gannyen pou sa bond si zot pran en discount.
Savedir ki zot pe sey fer right now, i zot pe al dan press zot pe dir pou zot pou konmans court action, selman zot pa’n konmans okenn court action, Zot still al dan kot bann newspapers, e sa i en taktik pou met presyon lo Air ek Gouvernman Seychelles poudir si i annan en pe plis larzan ki sa 20, pou sey ganny nou, met sa lof avek zot, pou zot kapab ganny en better return lo zot investment.

So sa i premye opsyon.


Pa fer nanryen esper sa vreman swa bondholders legal, konmans en prosesis kot ouswa Gouvernman ek en lot ki pli bon retourn pg.

48 Verbatim Report NAS Sitting Tuesday 02nd February 2021 ki sa 20% discount ki zot initially offer.

is vedir ou Dezyenm opsyon i pou konmans negosye lanmenm la.

Ki retourn kot bondholders ou dir ok ou pa le pran 20millions si ou kapab pran 25?
Problenm ek sa stratezi the minute that Gouvernman i konmans dir poudir ok i kapab afford en pti git plis ki 20, bondholders pou konnen poudir ou annan en pe plis larzan ki ou pe kit an rezerv, whatever that might be, e ou pou konmans en process basically horse trading, ki ou pou endup avek en nimero ki between sa 57 ki zot pe demande konmela, e sa 20 milyon ki zot pe ki Gouvernman ki pe ofer konmela.
en Insolvency posibilite met Trwazyenm opsyon i ki pli agresiv i pou met Air Seychelles prosesis dan Anba administrasyon.

Act, Seychelles i Board avek Gouvernman en retenir lakonpannyen anba administration, si zot vwar i dan benefis tou bann stakeholders.

E en administrator i kapab lakonpannyen restructure sa sa restructure lakonpannyen, to end up avek en lakonpannyen ki pli strong, ki pli kapab basically keep going as a going concern, ok?
det ki once I annan defi ek sa prosedir en including administrator i en apwente both Board avek Gouvernman, pou perdi sa tou kontrol administrator.

Sa administrator pou basically run Air Seychelles ou pa pou kapab take back sa kontrol si ou pa kontan ki sa administrator pe fer.

lo Bondholders i osi kapab seye pou met zot prop administrator in place instead of sa administrator ki kekfwa Board ouswa Gouvernman in mete.
Ok, pou dezyenm kestyon lo eski Air Seychelles i devret kontinyen ek son bann vol enternasyonal pou long term?

Pou fer sa desizyon nou krwar i enportan ki Gouvernman ek Lasanble Nasyonal i konsider tou benefis e tou kou both direct ek indirect, ki asosye avek vol enternasyonal.

son Air Seychelles lo i admet poudir scale enternasyonal toultan as a i pou perdi business unit, larzan.

Dan en study state, kekfwa 2019 market nou krwar i pou perdi about 1.7milyon.

Domestic i pou perdi about (pwen) .5milyon.


Me sa bann business handling, ground cargo, launch, FedEx i pou fer 7.7 milyon.

Savedir dan sa sityasyon Seychelles, Air pg.

49 Verbatim Report NAS Sitting Tuesday 02nd February 2021 lakonpannyen Air Seychelles pou fer en profi.

Selman si ou get anndan dan Air Seychelles sa bout international flying si ou get li, li tousel i pou still fer en loss.
Now nou admet e nou konpran largiman Minister Finans i dir, well si ou tir sa bout international flying i vedir ki swa ou’n decrease ou loss, ouswa ou pe increase ou profi par $1.7million.

E sa i en largiman ek (en) completely legitimate letan ou en private investor.

En envestiser prive pou gete si ou annan en biznes ou pe vann A, B and C. Byensir pa fer larzan ou koup li ou fer zis A, ou fer plis larzan, right?
Me selman Gouvernman Sesel as en shareholder should really consider bann lot eleman direk ek ki zot pe gannyen from international operations, avan zot fer sa desizyon.

zot As Gouvernman receive tax.

En private investor pa pou zanmen fer son biznes, pou li sey kontribye plis to tax.

I pa pou zanmen konsider sa benefis tax ki pou donn Gouvernman as part lo son business case.

En private entrepreneur pa pou zanmen konpar konsey lenpak son biznes lo lanplwa.

Ki right now mon Right?


konnen poudir avek COVID an employment is an issue.

Ki again Gouvernman i bezwen konsider sa eleman letan i fer son desizyon lo international.

Lastly i also annan bann reveni ek benefis ekonomik ki sa business unit i anmennen pou Sesel.

Ki again si ou en fer en kontrakter ou pe magazen, ou pa pou zanmen konsidere ki kantite profi sa fer sa kont, magazen pou ouswa si ou pou fer sa travay.
Ou pe gete ki kantite larzan ou pou sarz sa dimoun pou fer en magazen, ki ou kou e si ou pe fer profi?

Which is fine, si ou en private individual.

Me selman Gouvernman i annan en direct benefit in terms of VAT and indirect benefit lo size lekonomi Sesel, ki as en Gouvernman ki is one of the things ki i bezwen gete as en fakter pou fer son desizyon.
So letan nou, nou get bann both direct and indirect benefits lo international, nou vwar poudir ferm international, wi Gouvernman pou benefisye through Air Seychelles apepre $1.7milyon once you reached a study state .

si ou Selman ou pou perdi on the same breath zis through PIT avek Pension, (point) .9million.

Savedir sa gap i pa 1.7.

It’s pg.

50 Verbatim Report NAS Sitting Tuesday 02nd February 2021 funds actually less.

It’s probably less to $1 million, ok?


Dezyenmman ou pou perdi en par $4.3milyon ki Air Seychelles i kontribye to SCAA and SEYPEC every year.

Which Government again dividends Lastly ok?

Gouvernman Sesel an antye pou perdi en parti sa bann touris ki Air Seychelles i carry.

Akoz i pa clear ozordi si Air Seychelles i sorti, si larout Sid Afrik / Sesel san en feeder to larout Mumbai pou Maurice/ kontinyen.
Sesel wi ouswa sa en E si ou get sa 41.3mil in touris ki Air Seychelles anmennen, decrease 12poursan lo sa limero, i fini vedir pou sa loss in VAT revenue plus PIT i plis ki $1.7 million.

Ki vedir Government menm si i pe sibvansyon donn international of 1.7 i still annan plis reveni loss by cutting it.

en The that, counter is pa largiman that Air against Seychelles actually kontribye touris Sesel.

Si Air Seychelles pa la i annan en lot laliny ki pou vini ok?
E pou anmenn sa menm touris e zot pa pou zot the net effect i zero ok?

Selman i pa i pa baze lo statistic Gouvernman menm.

Si ou get menm parey Tel Aviv, ki’n la depi 1979.

Airline in la depi 1978, tou sa zan Tel Aviv/ Sesel in konnekte par zis charter.

Sa bann airlines ti la sa.

The market was there.

Personn pa ti anvi grow sa market, personn pa’n anvi take the risk to grow the market san Air Seychelles la.

Ou get peryod -ok Air Seychelles, ti konmans vol Tel Aviv Novanm lafen Novanm 2019.
Ant si ou konpar Novanm Fevriye 2019, versus 2020, 2019 ti annan 1044 is really that came to Seychelles Ou get sa menm peryod after Air Seychelles i met son flight i 2783.

Ou realize poudir tou sa extra touris ki sorti Tel Aviv i akoz Air Seychelles i met sa direct flight.

poudir So i en, en pe difisil pou fer sa largiman Air Seychelles met direct flight i napa okenn lenpak lo tourism Sesel.
E sa lenpak will go away with that international flight, ki bezwen ganny konsidere dan matematik, letan ou pe get sa subsidy.

Ou bezwen get tou son bann benefis ek tou son bann kou ok?

kestyon Dernyen i basically ki kantite larzan, e ki mannyer nou pou get from kot nou ete la dan sa peryod COVID ziska ki Air Seychelles, i kapab pg.

51 Verbatim Report NAS Sitting Tuesday 02nd February 2021 stands on its own two feet, it will be profitable.

Premye keksoz i det, ok?


incurred Air Seychelles Management pou admit, pa kapab servi sa bann det.

Sa bann debt in fer pou ganny In international operations.

ganny letan incurred lakonpannyen ti much, much ptipti E larger.

lakonpannyen menm si i pli efficient, i pa kapab servis det en lakonpannyen ki ti much bigger.

sa So Gouvernman i bezwen fer en desizyon ki i pou fer ek det, e how and if i pou ed Air Seychelles tackle sa problenm det.
i Dezyenmman pou bezwen en led la during COVID pou probably 2021 ek 2022, pou li kapab ariv en pwen ki kapab generate sufficient cash pou sustain son lekor.

Ki kantite larzan Air I Seychelles pou bezwen?

fakter primary.

depan Premye fast recovery i pran?

So how long does a recovery take?

And then once recovery starts, how steep is the recovery?

i how fakter lo 2 Based on Tel Aviv we can see - konmsi nou’n vwar i annan en ta pent up demand.

Ki vedir i pou annan dimoun ki anvi travel.


I annan dimoun Germany ki been stuck in the house for 1an, ki anvi travel, so nou, nou mazinen poudir demanding once si nou pare once sa recovery i konmanse, once L’Allemagne e L’Europe i dir zot citizen i safe pou zot konmans travel, once Sesel i dir ou ok ou kapab travel, i kapab ariv quite fast.
Me dan en scenario ki menm sa lannen ou vwar zis 50poursan touris pe vin Sesel konpare ek 2019, Air Seychelles son cash burns, son cash requirement i anba $10 milyon, ok?

Mon konpran dan Bidze kekfwa i annan en allotment pou salary support about $5 milyon.

Nou kapab negosye ek bann suppliers, primary bann lessors ganny further deferrals ki nou ti gannyen last year.

Nou pa konnen ki zot pou dir be kekfwa nou pou kapab ganny $1 a $2milyon extra from sa.
I pou reste en gap, $3 to $4million, ki to me I would suggest ki Lasanble i donn management as a stretch.

Savedir during year, manager pou bezwen find a way pou save en lot $3 a $4milyon on top of what the budget is.

the Selman Lasanble Nasyonal i bezwen ou konnen ou bezwen konpran poudir, it’s a stretched budget.

Savedir the pg.

52 Verbatim Report NAS Sitting Tuesday 02nd February 2021 team will do their best to achieve it and in the past they have achieved it.
Me selman it might - there is still a risk that it’s not achieved.

Seychelles Apre dezyenmman pou dir si recovery touris Sesel, takes significantly longer that what we expect, right i kapab ki the i funding Air increase.

Obviously si recovery i pli vit, we won’t even need sa salary support ki we are currently talking about.

Me selman i tou depan lo how fast ekonomi li menm i recover.

That’s about it.

Thank you.

MR SPEAKER Mr Berlouis in fini?

Mersi.

Mr Pragassen ou ti a kontan antre?


MR GUSTAVE PRAGASSEN Mersi Mr Speaker.

Mr Speaker Bonzour benn bonzour.

Onorab.

responsab Mon engineering technical.

Mon le zis koz en pti git lo nou nouvo restructure ki’n ganny fer, dan Air Seychelles and nouvo avyon ki nou’n anmennen.

Mon koleg CFO in koz lo bann finans.

E nou ki nou’n fer fer dan kote teknik, nou’n restriktirasyon ki nou’n retourn tou bann etranze e pou lemoman parey mon koleg in dir bomaten, nou tim i zis Seselwa.
Nou’n retourn bann vye avyon CEO, A320CEO ki ti pe kout nou en kantite larzan lo kote maintenance.

Maintenance i even bann biggest cost centre dan airline.

E depi ler nou’n retourn avek ra de CEO nou’n pran 2 NEO nou’n ganny en bon pe saving.

lo bann Zis pou donn ou en quick legzanp cost maintenance cost, ki nou’n incurred dan lepase.

2017 avek sa 2 CEO, 2 pli vye ET20 technical in depans li $42, 302 milyon.

2018 nou’n depans $32, 2019 – $18, 117milyon.

800milyon.
800milyon.

E 2020 nou’n redwir sa pou $13, 500milyon.

E sa lannen nou pe anticipate apepre 9milyon.

Sa i montre ou poudir nou’n fer en bann saving avek nouvo avyon, ki nou’n anmenn dan konpannyen.

E sa nouvo avyon li plus tou bann negosyasyon Kontra maintenance Kontra ki nou’n ki lezot fer avek bann nou’n konpannyen, nou’n nobou ariv en maintenance cost block hour, savedir sak erdtan sa avyon i fly i kout li i kout nou $788.
Konpare avek sa avyon avan ki ti pe kout nou $1270 sa i en big saving ki konpannyen in anmennen, avek en nouvo avyon ki nou’n pran.

E sa nouvo avyon ankor i pli reliable.

I donn nou en pg.

53 Verbatim Report NAS Sitting Tuesday 02nd February 2021 of 99.6poursan reliability konpare avek 97 avek nouvo avyon avek vye avyon ki nou ti annan dan lepase.

E sa tousala i montre nou poudir konpannyen i on the right road, pou fer saving lo kote nou loperasyon, big saving nou kapab dir.
Lo kote fuel i 20poursan saving lo sak vol ki nou’n fer.

E zis mon a fer zot konnen poudir bann vye avyon ki nou ti operate, sak fwa nou ler nou pe retourn zot ti kout nou 1.8 milyon zis pou retourn en vye avyon.

E sa i vedir ki Air Seychelles avek sa nouvo avyon ki zot annan la, we’re on the i right mansyonnen.

For us to get into profitable margin.


track parey CFO E 2 NEO i en avyon ki ou kapab agrandi avek, nou’n Sanmdi nou’n fer deliberasyon ki nou pa anvi grandi avek plis ki de avyon, me selman ou kapab grandi avek kantite pasaze ki ou kapab anmennen.

Si demen nou anvi anvol en pti pe pli lwen, nou kapab sanz sa A320 nou pran en lot A320LR.

I donn en pti pe pli zistans.

Swa si nou anvi mont pli o ankor nou kapab pran an XLR.

E nou pa bezwen sanz enzenyer, okenn pilot, okenn cabin crew.
Sa i bann posibilite ki nou kapab grandi nou airline avek zis 2 avyon.

Mersi.

MR SPEAKER Mersi Mr Pragassen.

Nou a pas lo entervansyon bann Manm.

Onorab Georges.

HON BERNARD GEORGES Mersi Mr Chair.

Mon rekonnet ki annefe nou dan en Komite nou nepli dan Lasanble.

Mr Chair mon ti a kontan demann mon - enn bann keksoz ki mon pe fer si mon pe gather en pe lenformasyon pou nou prepar en dokiman pou anvoy kot Gouvernman.

Mon ti a kontan demann 4 keksoz silvouple avek management pou mon kapab met ladan.
lezot Premyerman nou’n ganny dir ki i annan benefis endirek, ki Air Seychelles i anmennen, e bomaten staff in koz ek nou lo wages tax ki nou peye, Skychef bann lakonpannyen eksetera.

La management in dir nou PIT, Pension 0.9, 4.3milyon SCAA avek SEYPEC eksetera.

Eski zot annan en figure apepre konbyen sa indirect benefit dan lekonomi i vini par loperasyon Air an, atraver Seychelles silvouple dan tou sa bann sekter?

Dezyenm se subsidy ki Gouvernman pe rode.

Si mon konpran zot tre kestyon, pg.


54 Verbatim Report NAS Sitting Tuesday 02nd February 2021 byen, zot pe dir pou lemoman Gouvernman pou bezwen pey sa det.

Setadir sa enn ki’n ganny negosye avek Etihad ek sa enn ki pou ganny negosye avek mon bondholders, mazinen.

Eskiz mwan si mon pa’n konpran, me zot Gouvernman i a bezwen at least peye oubyen find a way of supporting sa det.
E dezyenmman en ongoing subsidy from Government ziska ler Air Seychelles i vin prodiktif, what am looking for is, cost of continuing international or cost of continuing Air Seychelles mannyer i ete, konbyen ki zot pe krwar Gouvernman pou bezwen donnen par an?

E pou konbyen lannen?

Give us the worst case scenario, konbyen par an e pou konbyen lannen zot pou bezwen sa?
Trwazyenm keksoz Minis Finans, Gouvernman presedan ti’n dir nou a en serten moman ki ti annan en line of credit of (R30milyon) ki Gouvernman ti probableman ti negosye e ki zot ti a kapab servi sa pou pay-off bann det, eski sa fasilite i ankor egziste?

E eski i en fasilite soutenab?

$30milyon E finally pou nou eksplor en lot avenue, ki value en share dan Air Seychelles ozordi?

Ki apromatikman son valer en share?

Mersi Mr Speaker.

MR SPEAKER Mersi Onorab.

Weeling-Lee.


Panel Mr BOARD AIR JEAN CHAIRMAN SEYCHELLES WEELING-LEE En bon pe kestyon mon pou demann mon koleg Michael pou ed en pe lo bann figures.

Me solman an term sa bann benefis endirek ki ou’n koz lo la Mr Onorab, Nou estimen baze lo bann chriffres 2019, ki nou’n anmenn dan lekonomi Sesel an total apepre $63.4 milyon baze lo bann chriffres statistik MIST .

$63.4milyon, e lo sa sonm nou estimen Gouvernman nou anmas $6.6milyon konman VAT direkteman.
Sa i bann mon desktop estimate ki nou’n fer.

E nou pa dir bann figure ki’n ganny odite par okenn spesyalis.

Me selman i en figure nou kapab travay avek pou Contra figure parey nou dir.

bann apel lemoman.

An term konbyen i pou kout nou an totalite between now, ziska ler nou siny en recovery dan loperasyon Air Seychelles kot nou apel nou study state, nivo 2019.

I depan en kantite lo ki lasonpsyon nou pou servi.

Si ou dir nou annou servi worst case e sa worst case ki nou, nou krwar i rezonnab pg.
55 Verbatim Report NAS Sitting Tuesday 02nd February 2021 petet i pran nou 2an ou plis pou nou kapab recover back to pre- COVID level.

Definitivman sa chriffre Michael si ou kapab ed mon lo la, i ava donn sa chriffre en moman.

I pa pou telman en shift ekstra ordinerman lour.

Akoz ou bokou pli leze konman en konpannyen an se moman.

Me solman sa problenm i sa det.

Sa solisyon det i avek nou sertennman i pa pou ale.
Nou’n ganny nou 60 ekek milyon Dolar propoz discount avek Etihad, i ed nou en kantite pou redwir det from 135, 150 down to essentially 90.

Sa 90million i la deza dan nou konpannyen, i pa nouvo det.

Annefe sa soulazman nou pe rode ek Gouvernman, annefe i en aksyon pou redwir det.

Pa pou increase det, right?

Si nou kapab raise sa $11.7milyon pou pey Etihad demen, nou ganny en discount $60milyon plis, otomatikman.
Si nou kapab ganny se pa ankor en $30 milyon bann bondholder, nou ganny ankor en $42milyon si mon kapab dir haircut.

Savedir tou problenm i ki nou bezwen sa finansman upfront.

E la i la challenge ki mannyer nou pou raise sa larzan?

Lo Onorab kestyon Georges in demande an term, nou pey eski sa credit line nou ti pe negosye avek to Development Bank i ankor la?

Mon pa pou telman kapab reponn ou ozordi.


Me mon konnen ki i en posibilite ki finans ti pe travay lo la, pou ou asiste nou avan ki nou ti annan sa deal avek Etihad.

Ki prezan i pare pou ti ankor ganny sinyen pa gannyen sa deal nou ti ankor pe negosye.

Bezwen fer resorti osi si ti napa pandemik, ti pou napa discount ki nou pe vwar ozordi.

Ti pou napa en fason pou nou demann sa discount.

Si nou ti kontinyen parey business as usual parey avan, ti napa okenn COVID, sa $150 milyon pou dan sa konpannyen.
mon E sa 2 shareholder ti pou bezwen rod en solisyon pou sort sa out ok?

Akoz parey mon ti dir pti dan avan prezantasyon, sa transformasyon plan ti annan 2 bwat.

En bwat pou deal avek balance sheet, fer konman en solvent tir det lo la, rod en sa lo solisyon fer konpannyen operationally variable koman en composite Ek tou son bann entity.

fonksyon ansanm.

det E konman nou management ek Board, nou annan tou konfyans dan nou kapasite, kapabilite ki nou ti pg.
56 Verbatim Report NAS Sitting Tuesday 02nd February 2021 pou transformasyon operational.

delivre lo sa Me san sa problenm det ganny rezourd i pou en posib pou nou dir nou ti pou survive.

Right?

Akoz nou en complete body nou en risk company, e tou sa det ti pou tro lour.

Si ou mazinen dan lepase agree, Gouvernman ti’n konman part son kontribisyon dan sa plan pou met $6 milyon tou le lannen dan konpannyen.

Ou apel ti part of the budget process.

Nou’n diskit en bon pe lo la.


Sa $6 milyon pa ti pou ed Air Seychelles operationally, i ti pou pey sa final charge, lentere dan sa bann loan.

Se sa nou ti bezwen sa $6 milyon pou 5an.

Pou ou konpannyen kapab kontinyen pey sa loan.

E dan mon sans mon kapab dir dan konviksyon ki pli tar ti pou annan en solisyon lo det.

Ti pou annan en rollover, ouswa ti pou annan en negosyasyon.

Ouswa ti pou annan en recapitalization of the company, pou tir sa det lo konpannyen.

Me la nou’n annan nou n lot dimansyon.


Nou pa pe recapitalize, nou pe annefe rod en rediksyon det to a haircut, bann dimoun ki nou drwa, pe redwir zot det akoz zot pe realize zot pa fer li pa pou kapab pey zot toutfason.

Se sa en loportinite pou nou, rezourd nou det problenm Air Seychelles dan en letan kantmenm e pandemik afekte nou pandemik in operationally, mon krwar globalman nou kapab sorti pli byen, pli for en?

Mon pa konnen si mon’n fini reponn tou ou kestyon Onorab.
MR SPEAKER Eski Mr Berlouis ou anvi azout lo sa ki Mr Weeling-Lee in dir?

MR MICHAEL BERLOUIS Ok Mr Chairman.

Parey mon’n dir pou Bidze 2021 nou vwar nou cash burn base lo sa 15% i vin $10 tourism recovery milyon.

Tou bann forecast ki nou pe gete, i met en full recovery, by 2024.

E nou, nou’n fini montre poudir in 2024 letan nou back to 2019 levels Air Seychelles i fer en profi.

So ou pa kapab 2024 based on lo sa bann forecast, nou pa pou bezwen larzan.
Me selman i en i vin en pwen around 85% production kot Air Seychelles i breakeven.

So nou, nou pe anvizaze tap 85% production in 2023, so nou pa pou fer profi 2023 but hopefully nou pa pou bezwen from additional Government.

funds pg.

57 Verbatim Report NAS Sitting Tuesday 02nd February 2021 E i pou still reste 2022 pou bridge, e we expect ki nou pou sa somewhere 50poursan ki sa lannen e sa 85% recovery 2023 savedir i pou in the region of 5million.
between Savedir larzan pou siport saler ek actual operations regional, i anviron $15milyon over 2 years.

With konmsi the first year obviously being higher 10milyon ek 5milyon next year.

really Pri share Air Seychelles nou kapab fer en analis, me selman shares Air Seychelles napa en gran valer.

Senpleman akoz bann det ki ou annan i plis ki assets.

E i sa ki en rezon akoz Etihad pe agree pou vann sa bann shares ki li in aste $20milyon back to en Dolar.
ti Savedir ou kapab dir poudir 40poursan Air Seychelles i kapab en Dolar ok?

Obviously Gouvernman i sa control element of Air Seychelles i kapab direk, direct Air Seychelles pou fer bann keksoz ki national interest i annan en valer, selman financially the shares of Air Seychelles, is not actually worth a whole lot.

Lot i DB loan, like the Chairman mentioned, i probably i pli bon i ganny adrese avek Minister Finans.
last discussion that we had, i sa The loan i still, la as en facility ki pa ankor ganny draw down.

E en difikilte ki nou ti pe gannyen avek sa loan, i pli difisil sa loan ganny disburse dan de bout.

And obviously en bout i pey Etihad en bout pey pou bann bondholders.

Me selman tan ki ou pa fer tou le de deal fini lo latab, ou pa kapab disburse sa loan an antye.

E DB i kapab dir i kapab pe dir finans well mon pa tro anvi donn ou 10 milyon si mon pa konnen how big sa bill from bondholders are going to be.
Me selman again that’s probably best to Finance.

Wi thank you.

left MR SPEAKER Mersi.

Wi Onorab Georges.

HON BERNARD GEORGES Zis en pti follow up.

Mr Chair mon pa anvi monopolize sa kestyon akoz mon bezwen ganny sa absoliman kler.

So si zot pou kontinyen avek international operations, zot pou bezwen $15milyon lo sa zot 2an ki pe Gouvernman pou ganny sa.

vini, e E lekel…?
vini, e E lekel…?

E assuming ki ou kapab ganny en annou take the best case scenario, ki det Air Seychelles i ganny redwir, 11.7 milyon avek Etihad e i ganny redwir 20milyon avek bann bondholders, sa 31.7milyon pg.

58 Verbatim Report NAS Sitting Tuesday 02nd February 2021 eski Air Seychelles ki pou pey sa overtime, oubyen eski ankor enn fwa zot pou rod lasistans avek Gouvernman, swa atraver en credit facility, swa atraver en one-off payment, la?

Thank you.

MR SPEAKER Mersi.


BOARD AIR JEAN CHAIRMAN SEYCHELLES WEELING-LEE Mersi bokou Onorab.

En bon kestyon.

Nou konman Board Management annefe sa i vin konman shareholder decision ki mannyer i ganny finanse, right?

en grandi network nou reveni i ogmant par 30, 40poursan.

Pou donn nou sa posibilite pou carry sa kalite det.
pa E mwan mon analiz given ki nou en loperasyon ase breakeven pa telman en gro profi, en pti konpannyen aryen ki ou fer small return lo ou capital employed, i enportan nou pti burden konpannyen avek okenn det.

E nou kontinyen zer li dan sa fason as much as possible en?

E osi pou konfor Lasanble e pei zeneral, Air Seychelles nepli pou annan sa posibilite san sipor pou li al fer ouver sa bann nouvo market, kot nou krwar ki i annan risk.
sa E nou pa ankor annan sa diskisyon avek shareholders ki mannyer nou pou tackle sa $30 milyon, $40 milyon ki pou reste dan konpannyen.

clean Me si oule donn Air Seychelles en pli gran sans pou li kapab anvol lo son 2 lezel, i fodre nou tir sa det.

Donn li en nouvo sans sheet.

konman Gouvernman shareholder i prefere ki i pran sa det, tir dan konpannyen.

Akoz sa det pou annan li en kou finans petet 3 milyon $2.5milyon par lannen, ki pou senpleman met en lot fardo lo en pti avyon.
Unless ki nou, dan sa kapasite pli tar pou Ler nou ti al Tel Aviv, nou ti pre-sold - pre-sell laplipar sa bann sez pou fer sir ki tou kou loperasyon i fini ganny kouver.

E sa se en model ki nou bezwen servi going forward pa pran okenn risk unless ki nou annan - en sponsor ki pe peye commercial sponsor.

Ya?
Ya?

Which means ki nou pa pou kapab antre dan en sityasyon, kot nou pou annan nou carry nou en sityasyon kot nou’n pran risk kot nou end up avek bann failed roots development e ki nou pa kapab peye pli tar.

MR SPEAKER pg.

59 Verbatim Report NAS Sitting Tuesday 02nd February 2021 Ok mersi.

Mersi Mr Weeling- Lee.

Mon pou donn en pti preferans bann Manm ki’n lev lanmen dan premye Sitting e osi la konmela zis pou en pti pe lazistis.
Mon pou pas Onorab Pillay e apre Onorab Terence Mondon, letan panel pe reponn met ou pare pou al lo micro.

Onorab Pillay.

HON SEBASTIEN PILLAY Mersi Mr Speaker.

Mr Speaker mon ti a kontan demann panel detrwa kestyon swivan an relasyon avek pozisyon ki nou lo sa kote latab nou krwar nou pou pran.

Premye kestyon i konsern i aret sa si Gouvernman international, konponan konbyen staff ki pou perdi zot lanplwa?
Mon dezyenm kestyon, mon ti a kontan Mr Pragassen i ed nou avek, bann staff ki travay dan sa domenn ki ou ladan e bann dimoun ki'n train dan domenn spesifik.

Prenon kont sityasyon ki pei i ladan, how easy eski i pou ete pou zot kapab reganny en lanplwa o pli vit posib?

tre Mon pe koz ou kad spesifik akoz zot in envesti en kantite dan zot training, dan zot devlopman e dan zot abilite.

How easy is it going to be?

Ou ki konn sa sekter ou a kapab dir nou.


Anski konsern en lot size mon ti a kontan Mr Berlouis i klarifye pou nou, ler ou dir nou poudir zot in fer tou bann cuts possible, Mr Berlouis mon bezwen demann ou sa kestyon, akoz sa kestyon pe sirkile partou.

Sa size pe flote partou.

I annan bann lakaz, size lakaz ki pe ganny lwe pou ou menm, ki pe lwe Eden Island.

Eski ou kapab dir nou ki lorganizasyon pe fer pou redwir sa bann det sa bann kou?

Akoz i menm annan travayer dan Air Seychelles ki pe koz lo la.
Ki i annan en bon pe konfizyon ki zot pa konpran.

E Sanmdi ou’n koz lo bann keksoz ki zot menm dan Air Seychelles zot in fer, ki mwan mon vreman apresye ki zot in sey fer pou zot redwir bann kou.

So sey eksplik nou en pti pe lo sa size.

Apre Mr Speaker, lo en dernyen pwen petet Mr Weeling i kapab eksplik nou.

Apre Mr Berlouis in dir poudir pri nou bann shares i ba.

Ok?

I pa zis ba i, me son valer i vreman akoz pozisyon ki minim, lakonpannyen i ladan.
Me eski zot in fer en analiz ki si baze lo in restructuring ki zot sa propoze.

pg.

60 Verbatim Report NAS Sitting Tuesday 02nd February 2021 E sa progranm ki zot in propoze kot nou, nou'n war poudir kantmenm la dan letan COVID Air Seychelles in fly pou plis destinasyon.

E zot in kapab etablir en nouvo business model kot Air Seychelles i vin Sesel.

Me i transport pasaze, rod bann lezot larout, bann lezot avenue.

neseserman pa Ki mannyer sa i kapab sanz valer bann shares dan Air Seychelles?
E ki mannyer going forward prezan nou kapab ankouraz Seselwa ki annan larzan pou fer li, pou envestir dan Air Seychelles e form parti en nouvo revolisyon dan nou relasyon avek nou konpannyen aeryen?

E mon dernyen kestyon Mr Speaker, petet Mr Morel i a kapab ed nou pou eksplik sa.

Regarding sa Open Sky Policy, eski tou pei i pratik li parey, an relasyon avek bann pei ki annan bann laliny aeryen Nasyonal?

zot Nou konnen i annan pei ki siport aeryen laliny Nasyonal.
Eski i annan bann lezot pei ki practice serten eleman protectionism?

E eski Sesel osi nou devret komans eksplor sa posibilite pou fer ki Air Seychelles e sa lot zanfan ki zwe dan sa menm sand box, SCAA, i kapab zwe pli byen ek kanmarad?

E ki parfwa nou tann tro bokou problenm kot sa enn in pran mon zouzou, sa enn pa oule pret mwan son zouzou.

So just clarify sa bann pwen pou mwan.

Mersi Mr Speaker.

MR SPEAKER Mersi Onorab.

Nou annan plizyer kestyon, Mr Berlouis ou ti a kontan komanse?
Oubyen Mr Weeling?

BOARD AIR JEAN CHAIRMAN SEYCHELLES WEELING-LEE Mersi Mr Speaker.

Zis mwan mon pou tous lo enn de pwen ki Mr Pillay in demande.

Premye kestyon mon krwar ki mon pou koz lo la apre mon ava donn laparol mon bann koleg, se lo kestyon Air Seychelles.

share pri Ou konnen ler ou value en konpannyen, ou value li baze pa lo konbyen, ki groser son asset base i ete.

Me selman plito lo ki son rantabilite, en?

E problenm laplipar avek konpanni aeryen konmela avek letan COVID, even before COVID.
Ou pou war zis en few, gro en ekosistenm, ki ti vreman annan serten valer, valer materyel.

detrwa dan sa Akoz flying capital intensive, ou servi manman lekipman, manman kapital.

Me i pg.

61 Verbatim Report NAS Sitting Tuesday 02nd February 2021 selman ou ti ganny en pti return enn de poursan, konmsi ou devret happy.

E toultan i ti annan bokou plis investment avenue ki pli rantab dan lemonn.

E rezon ki dimoun i kontan envestir dan lavyasyon, mon krwar i annan en pe la osi.
lemosyon atase Bokou, akoz risk i very high.

lo An term ki valer shares Air Seychelles.

Si en konpanni pe fer en loss, napa personn ki pou enterese invest.

Napa dividend flow out.

Ya?

Alor i annan, si ou valer li lo en market value, i pou napa valer.

Si ou value li inessentially lo en net asset value, i kapab annan en valer.

Me selman akfer pou invest dan en konpannyen ki napa en return?

Alor i pou vin en problenm.


en Se sa pou lemoman mon krwar ki by structure sityasyon, Air Seychelles pou kontinyen konpannyen reste Gouvernman.

Akoz mon krwar pa essentially okenn bann sa envestiser pou annan kapasite pou invest ladan.

Met sa kalite investment, ouswa pou ou ganny okenn en return si i met larzan ladan.

Sa i enn.

Dezyenm pwen avan ki petet mon bann koleg i a ed mwan pou reponn sa.

Lo kestyon Open Sky Policy.


Mon'n dir pli boner, Open Sky Policy i pa neseserman the best thing pou en National Airline.

Ok?

Akoz i met ou an konpetisyon avek bann konpetiter ki annan diferan fason operate an term pricing.

Right?

better fason, Alor osi ki la pou lemoman nou konnen ki nou napa kapasite fly lo en wide network.

E laplipar bann operater i pli gro ki nou, bokou pli efikas dan serten skill economy.

E toultan i pou donn nou en hard time dan sa game.


Be solman, eski nou ti'n kapab manage nou Open Sky Policy dan en fason striktire ki ti pou benefis co-existence nou airline avek konpetisyon?

Mon krwar ki sa en dimoun ti a pli bon etidye, pou kapab fer en bon analis, apre sorti avek en repons.

Fransman mon pa pou kapab reponn sa, at this point in time.

Eksepte pou dir ki si nou ti kapab fer pli byen an-term managing Open Sky Policy, pou co-exist avek National Airline aspiration.
Wi, toultan i annan en posibilite, be solman mon pa pou kapab reponn sa kestyon direkteman.

Whether what we have done is the best thing.

Solman mon kapab dir Open Sky i bon pou tourism.

Sa mon kapab dir.

I bon pou nou tourizm.

E pou pg.

62 Verbatim Report NAS Sitting Tuesday 02nd February 2021 nou lekonomi an zeneral.

Mersi Mr Speaker.

MR SPEAKER Mersi.

Mr Berlouis.

MR MICHAEL BERLOUIS Mr Chairman.

Lo kote Eden housing.

Wi nou annan 2 lakaz ki nou still ganny bill Eden.

Sa i pou CEO ek CCO.


Pou mwan menm avek CCO, pou mwan menm CFO avek CCO nou Etihad secondees.

Savedir nou pa ganny sa lapey direkteman sorti Air Seychelles, nou ganny from Etihad.

Selman Air Seychelles i incur sa cost housing.

As part of nou salary cut nou'n deside nou pou tir sa housing.

Pou mwan menm mwan, nou ti serve notice le 16 Mars, 2020. i Pou CEO in still reste dan sa landrwa Eden.

Akoz son kontra lo Air Seychelles.

Savedir Air Seychelles i pey sa lakaz.


E through en laranzman ek HR, Air Seychelles i then bill li, aprezan i pey Air li Seychelles.

I donn sa refund.

of Pou CCO, son housing allowance son i part Employment Contract.

I part of sa kalkilasyon ki HR in fer, pou fer sa salary cut.

E mon konnen lo son in ganny discount housing ki mon krwar i ti in desann komans $4000 $3000.

E sa, sa kalkilasyon i form part of son salary cut.

Ok?

E mon krwar this is, it is an important point.


Ki Air Seychelles letan i fer son bann larout, letan i fer son desizyon, toultan in fer desizyon ki dan lentere lekonomi Sesel an antye.

So i pa'n always met son lentere komersyal avan tou bann lot konsiderasyon, akoz in konpran poudir nou, nou pe operate pou Sesel.

E nou bezwen benefis balance komersyal Air Seychelles ek benefis pei an zeneral.

E parey Chairman in mansyonnen.


That is why annan de ler ou fer sa bann desizyon pou rod pli gro avyon ki ou marse, ki ou konnen ou kapab gannyen.

I bezwen.

E ou sey devlop sa bann marse, me selman ou kapab fer pert.

Now, in terms of kote nou ete ozordi, we have a more focus.

Sa bann commercial charters ki nou pe fer i en ta, i pa tous Sesel ditou.

Nou pran, par egzanp nou pran par egzanp nou’n pran cricket team Sid Afrik, nou anmenn zot Pakistan.
E lo value Air Seychelles si i napa det, e i allow osi pou compete in the open market, nou war poudir nou kapab Air i efficient Seychelles ozordi pg.

63 Verbatim Report NAS Sitting Tuesday 02nd February 2021 enough, pou li kapab fer larzan lo en charter, i kouver tou son bann kou including son cost of crew ek aircraft.

E ganny sorti Maurice pou charter Reunion, ki Air Mauritius i pli ser.

Nou ganny charter sorti Sid Afrik pou al Pakistan kan i annan airline Sid Afrik ki kapab fer.
Selman nou prodwir e nou price i competitive enough pou nou kapab gannyen.

Selman annan de ler ou war nou ganny charters sorti Nairobi pou al Reunion, bann lotorite i dir nou be non i annan en … Menm Si ou pli bon marse, i annan en carrier Nairobi.

I annan en carrier Reunion, ki kapab fer sa.

Menm si zot pli ser.

E zot pou deny nou sa right pou nou fer sa charter.

Menm si nou pli bon marse.

So i annan eleman in the region, ki tou sa bann zil i annan zot prop airline.
Zot lotorite pou sey to a certain degree protez zot, e protez sa bann jobs.

Selman nou, nou war Air Seychelles ozordi i efficient enough pou … Vre nou pa pou kapab compete avek Emirates.

Nou napa en 777 nou napa en 380s.

Be selman dan en marse rezyonal, we are competitive completive enough, enough pou nou tir en avyon li Maurice, al Sesel anvoy e nou Reunion for a better price than Air Mauritius i kapab fer from Mauritius.

Right?

MR SPEAKER Mersi Mr Berlouis.


Ti annan en bout kestyon ki ti'n ganny adrese avek Mr Morel.

Eski ou le azout keksoz lo la?

Oubyen?

Wi Mr Morel.

MR HERVE MOREL Mersi Mr Speaker.

Mon pou refer lo sa kestyon ki Onorab Pillay in demande.

Mon krwar Mr Weeling in eksplik byen poudir Open Sky Policy i pa … annefe mon pa pou kapab devwal antyerman si vreman Sesel i annan en full Open Sky Policy.

Mon garanti ki i annan serten limitasyon ki vin avek.

E i pa en keksoz ki zot in desid overnight.


Me selman refer plis dan ou size kot ou pe demande 2 lenfrastriktir, Air Seychelles avek SCAA.

Ki mannyer pa partner avek kanmarad.

Agree disagree.

to Resaman la dan bann letan difisil, nou'n vwar poudir in annan en kolaborasyon enorm ant SCAA avek Air Seychelles kot zot in ed nou en kantite, manti pa bon.

E bann profesyonnel ki travay dan SCAA, zot a bon kolaborasyon avek nou.

Sirtou pg.
Sirtou pg.

64 Verbatim Report NAS Sitting Tuesday 02nd February 2021 flight operations, kot kot technical.

E ou toultan war sa lakor kot nou avanse pou fer keksoz pase.

Me wi, i annan en kestyon pertinan ki ou’n demande.

Akoz ki nou pa kapab travay avek kanmarad?

Bout ki mon pou disagree, i se ki SCAA li i annan son keksoz kote dan son biro pou li bezwen veye.

Mannyer li i fer son larzan.

I konsern li.

Ok?


Me par kont, vi ki ou’n demann sa, mon krwar ki in lentere pei antye tou dimoun, ki kekfwa nou devret regarde ki mannyer SCAA wi, i devret kapab ed son National Airline Air Seychelles.

E parey Mr Berlouis in fer resorti, ler nou sey pran charter avek bann lezot pei, bann lezot lakonpannyen ki code nou.

Akoz nou servis parey bomaten mon'n dir, zot vreman an faver pou Air Seychelles, charter Air Seychelles.
I pa toultan fasil, ok. Otomatikman parey La Reunion i defann son pei, i pou dir be non, be ou, ou pa pou kapab sorti Nairobi, Sesel, al pran kargo Nairobi pou anmenn La reunion, kan mon annan mon Air Austral la.

Kekfwa nou ti devret komans regarde, e mon pe enplor bann Manm Lasanble pou regard lo nivo pei, zot ki SCAA vreman i kapab fer.

Eski nou konmans met en limitasyon prezan lo bann keksoz koumsa?

Akoz ki nou pa kapab prezant sa menm kalite sans avek Air Seychelles.
Pou ler zot bann gro, gro airline i antre i pe vin pran avek nou.

Konpran?

Si sa i a reponn ou kestyon Onorab Pillay.

Mon a dir ou mersi.

MR SPEAKER Onorab Mondon.

Les nou a kontinyen.

Apre mon a revin lo ou.

Lekel Mr Pragassen?

Wi ale Mr Pragassen.

MR GUSTAVE PRAGASSEN Mersi Mr Speaker.

Onorab bon kestyon.

Si ou get dan la rezyon tou bann airline dan la rezyon pe downsize.

And i annan ki deza control administration.

Si nou bouz en pti pe pli lwen kote Middle East.


Tou bann airline Middle East pe downsize zot osi.

E nou al pli lwen dan lemonn, Lerop partou, tou le semenn ou pe war either en airline pe downsize, ouswa en airline pe fermen.

And pou reponn ou kestyon it is very, very slim pou enzenyer, apre 7an ki zot in etidye, zot in kalifye pou vin en enzenyer, pou ganny en the moment, very, very slim.

lanplwa at pg.

65 Verbatim Report NAS Sitting Tuesday 02nd February 2021 MR SPEAKER Mersi Mr Pragassen.
Onorab Mondon.

HON TERENCE MONDON Meri Mr Speaker.

Mr Speaker mon kestyon i al swivan.

Panel in dir nou ki zot espekte baze lo sa prozeksyon ver en full recovery 2024.

Be si demen Gouvernman i dir zot ki i donn zot 2an pou turn around lakonpannyen, eski baze lo zot senaryo zot pou kapab fer li?

Mon dezyenm kestyon i tous size lakantite staff Air Seychelles.

2017 ler zot ti pe komans transformasyon, zot ti fer redundancy.

Apre pli tar nou ti war ki zot ti recruit ankor en bon pe travayer.
Si ou kapab dir nou ki pozisyon zot ete la avek lakantite travayer par rapor avek avan 2017?

administrasyon E ki lespas zot annan pou zot kapab redwir ankor kou staff, Air Seychelles?

E mon dernyen kestyon Mr Speaker, se bann lezot reveni ansiler, ancillary revenues.

Eski zot in regarde lezot landrwa ankor ki zot kapab ogmant zot reveni?

En fason ki i kapab ede anmenn sa breakeven en pe pli vit ki olye dan sa 4an parey zot in prozekte.

Mersi Mr Speaker.

MR SPEAKER Meri Onorab.

Panel.


MR MICHAEL BERLOUIS Thank you for the question.

En kestyon ki nou pa ti'n reponn depi avan, ferm international apart roughly 193, so anviron 200 staff nou pou bezwen fer redundant.

E sa i lo en total count of 684 staff currently.

i si ou Pli gro problenm pou reponn kestyon, how long i pou pran pou turn around Air Seychelles?

E konpare avek 2017 nou pa pe vreman fer en turnaround plan.
I pa konmsi marse i stab, selman nou konnen kou i tro o, oubyen sa bann marse kot nou pe ale pa pe marse.

E nou bezwen fer ki bann keksoz internal ki nou konnen ki nou kapab sanze.

Be selman i pou pran 2an pou fer.

Right now, pli gro fakter ki afekte Air profitability Seychelles, i how fast recovery tourism i pran.

E right now IATA pe dir nou i 4an, until 2024.


Si nou ganny sipor pou 2an, mwan mon fairly confident pou dir nou kapab fer Air Seychelles, menm si nou pa pe tou sa bann meet target economic growth, breakeven.

Ki nou pa bezwen lasistans Gouvernman, as long ki napa det apre 2an.

pg.

66 Verbatim Report NAS Sitting Tuesday 02nd February 2021 Selman sa ki Gouvernman i osi bezwen osi konsidere, I letan donn swa sa 5, swa sa 10 milyon sipor especially si i salary support, ki other strings ki attached.
Par egzanp letan nou'n ganny FA4JR last year, FA4JR in ganny donnen on the basis ki ou pa pe fer dimoun redundant.

Right?

So letan Gouvernman, let’s say nou ganny sa approval for at least $5 or $10 million this year.

Ki Gouvernman pe also dir nou?

Normalman i pou dir ou pa kapab fer redundancy.

Akoz mon pe donn ou larzan pou mon try and stabilize my labour market.

Ok?

Savedir bann keksoz ki nou kapab konsidere ki pou redwir kou Air Seychelles, i limited redundancy.
So kekfwa nou fer 5 a 10 poursan dimoun redundant.

Try and fit sa organization the current to production level.

Nou kapab get Scheme par egzanp ki mon konnen in deza ganny fer, early retirement.

Si i kapab siport Gouvernman nou, pou dir 55 to 63 potentially nou kapab absorb dan Pension Fund.

E sa bann dimoun i remold from the labour market nou kapab get sa.

konsider kapab furlough.

E i en enportan pou note sa, I think it is R109 million Nou i parey ki nou ti gannyen last year for FA4JR.
I kouver 9 mwan.

Right?

E i ti kouver saler up to 30 thousand.

Obviously, this year nou pou bezwen stretch sa.

Nou pa kapab vin fer 9 mwan.

Nou bezwen fer li ariv 12 mwan.

E dan en sirkonstans ki nou war sa recovery pa pe tap 50 poursan.

Eski Air Seychelles i kapab dir tou staff, gete nou pou kapab bezwen koup saler, pa zis 30 thousand and above.

I kapab vin 20 thousand and above.

I kapab ki nou pou bezwen kekfwa pran en mwan unpaid leave tou staff.

Ok?
Ok?

lo sosyal, E tousala i annan en eleman right?

Ki obviously Gouvernman i annan la.

Ok?

So en view Gouvernman li osi i bezwen deside letan i donn sa sipor, ki kalite keksoz ki Air Seychelles i still kapab fer si i pran sa sipor.

Verses ki keksoz i pa kapab fer.

Because pou mwan si ou get sa bann figures.

50 poursan recovery ozordi, hopefully 85 percent by 2023.

100 percent by 2024.


Si i pa arive, pou Air Seychelles kapab pa depann lo i pou Gouvernman bezwen change son bann fixed cost, fer li vin pli variable.

sitan, Savedir par egzanp parey letan nou'n koup saler nou'n dir poudir si reveni i antre, saler pg.

67 Verbatim Report NAS Sitting Tuesday 02nd February 2021 pou remonte.

Me i pou fer sa bann Scheme pli lonterm.

Ki kekfwa plis staff i annan en eleman variable lo zot saler.

Ki letan lakonpannyen i fer byen, zot benefisye.


Me selman si vre avyon pa pe anvole, nou bezwen redwir sa fixed cost.

E kekfwa nou get bann lot suppliers pou gete poudir ki kantite eleman zot kapab fer zot Kontra vin, ki fixed ozordi, vin variable.

MR SPEAKER Mr Pragassen.

MR GUSTAVE PRAGASSEN Mersi Mr Speaker.

Onorab pou reponn, enn bann defi ki nou'n gannyen dan Air Seychelles dan lepase, management stability.
Mon krwar ou ti osi dan Air Seychelles ou’n vwar poudir nou bann CEO, CFO in sanze souvan.

Vwar?

se E depi 2010 nou'n sanz 7 CEO, 7 CFO e sa stabilite in manke dan Air Seychelles bokou.

E si ou get around the world tou bann airline ki pe fer profi, i bann airline ki zot bann CEO, top management i la for years and years.

Ou war?

bann CFO, E sa nou’n manke bokou dan Air Seychelles.

E enn bann request ki nou pou met ek shareholders.

E going forward fer sir nou annan en bon management stability.
Pou fer sir poudir kit sa kontinyasyon dan process.

Mersi.

MR SPEAKER Mersi.

Mersi Mr Pragassen.

Mon pou extend nou sesyon ziskan 1er mwen en kar.

Avek risk ki nou perdi lantenn SBC, mon pa konnen ki zot pou soz.

Mon a apel Onorab Phillip Arissol.

E apre sa mon ava annan Onorab Michel Roucou.

So ou a met ou pare pou al laba.

Onorab Arissol.

HON PHILLIP ARISSOL Mersi Mr Speaker.

Bonzour tou dimoun.

Mr Speaker nou konnen ki safety i primordyal dan lavyasyon, e i koute.
Vi ki Air Seychelles pe pas dan sa problenm finansyel, ki plan zot annan pou asire ki safety Air Seychelles pa ganny neglize si Air Seychelles i kontinyen anvole la an se moman?

Mersi.

MR SPEAKER Mersi Onorab.

Panel.

Wi Mr Pragassen ale.

MR GUSTAVE PRAGASSEN Mersi Onorab.

Lo kote safety nou enn bann lorganizasyon Sesel ki ganny pli audited.

Ok?

Nou ganny odite par tou sa bann airline ki vin Sesel pg.

68 Verbatim Report NAS Sitting Tuesday 02nd February 2021 Aviation toulezan.
Nou ganny odite par sa ki nou apel sa EISA, European Safety Agency, toulezan.

SCAA i odit nou lorganizasyon, i plus i odit tou nou bann avyon ki nou operate ladan.

E pou garanti ou pou ki nou airline, despite nou loss, nou airline nou fer sir poudir safety is always first.

Mersi.

MR SPEAKER Mersi.

Onorab Roucou.

HON MICHEL ROUCOU Mersi Mr Speaker.

Bonzour tou Manm Onorab.

Bonzour tou zabitan Mont Fleuri.

Tou bann ki a lekout.


Mr Speaker, mon kestyon i se ki, eski panel i lekel bann kapab dir nou shareholder Air Seychelles?

Mon premye kestyon.

Apre si zot kapab dir nou, konbyen sa allowance, sa housing allowance ki zot pe gannyen la, ki zot dir konbyen i arive?

E vi ki zot in koz bokou lo sakrifis, lo kote redwir kou.

Eski zot pa krwar poudir la i en ler pou CEO Air Seychelles sorti Eden Island petet al rod en lot landrwa en pti pe pli meyer marse?

Mersi.

MR SPEAKER Mersi Onorab.

Panel.


HON MICHEL ROUCOU Sorry Mr Speaker.

Bondholders en.

MR SPEAKER Wi ale Mr Berlouis.

MR MICHAEL BERLOUIS Bann, lekel ki own sa bond, nou pa konnen.

Akoz i en publicly traded security, i vin parey Microsoft.

Sa ki nou konnen, nou det i avek 2 lakonpannyen ki apel EA Partners Bond B.V., i dan Netherlands - EA Partners II B.V. EA being short for Etihad Airways.

Li in issue sa Bond lo en stock exchange.


Savedir menm si ou, ou ti anvi own sa Bond ou ti pou kapab al lo stock exchange aste en pe sa Bond.

Ou al dan en central register.

Nou'n deza demande pou ganny akse ek sa register pou nou kapab kominik ek bondholders direkteman.

Selman Lalwa laba i prohibit nou.

Nou'n ganny dir nou pa kapab ganny akse direkteman.
Nou konnen sa bann dimoun ki nou, nou pe negosye avek sa Steering Committee, zot own at least 15poursan, e zot annan ase sipor avek 25 poursan Bondholders pou zot pas en rezolisyon.

E sa 3 funds ki nou pe dil avek i own some of sa Bond, nou'n fer en pe resers pg.

69 Verbatim Report NAS Sitting Tuesday 02nd February 2021 lo zot.

Zot bann Distress Debt Manager.

Savedir zot, zot ale zot aste bann Bond ki'n fini default, zot pa pey tro bokou pou li.

Apre zot, zot ale zot try and recover sa larzan.


Lo kou Eden Island, again akoz CEO i refund sa larzan Air Seychelles.

Menm si i ti pou move somewhere else i pou kapab kekfwa i pou save li larzan.

Selman Air Seychelles akoz i peye apre i ganny sa larzan back once it is billed, and he pays.

I pa vreman fer en gran diferans.

MR SPEAKER Mersi.

Onorab Roucou mon anvi move on avek lezot kestyon.

HON MICHEL ROUCOU Non, Mr Speaker, i pa'n reponn enn mon kestyon.
An term sakrifis ki tou staff pe fer, eski zot pa krwar poudir la i sa letan ki petet CEO i al lwe en lakaz Eden Island, e rod lezot landrwa ki petet i a kout zot en pti pe meyer marse.

MR SPEAKER Ale Mr Berlouis oubyen Mr Weeling-Lee.

Yes, adres li vitman silvouple.

BOARD AIR JEAN CHAIRMAN SEYCHELLES WEELING-LEE Mr Speaker, mersi pou sa kestyon Mr Onorab.

Parey nou'n dir ki tou bann Air Management Seychelles in fer sakrifis deza.

Including Senior management.


Problenm i ki nou'n koup son package, in deside li kontinyen reste kot i ete par servi en pe son larzan saler, pou subsidize son housing ki nou, nou pe donn li.

Staff e In other words, ki kantmenm ou dir li demen, son swa, si ou donn li en housing allowance ki bokou pli ba.

Si $2000, €2000 whatever it is, li anvi reste dan enn $4000, i vin son swa personnel.

Be solman i save less, ou war?

Se sa ki'n arive dan nou ka.


Ou bezwen get li an-term son total package ki hair cut in take, parey nenport staff management, akoz nou dan letan COVID.

Si mon'n kapab reponn ou kestyon Mr Onorab.

Mersi.

MR SPEAKER Mersi.

Mon a bezwen pas Onorab Cosgrow kote laba.

Akoz mon napa bokou zot lo lalis.

Onorab.

HON WALLACE COSGROW pg.

70 Verbatim Report NAS Sitting Tuesday 02nd February 2021 Mersi Mr Speaker.

Bonzour tou Manm Onorab.

Bonzour Mr Speaker.


Mr Speaker, problenm or sityasyon ki nou pe dil avek ozordi la se profitabilite Air Seychelles, Air Seychelles an relasyon avek sityasyon ekonomik ki nou ladan ozordi.

kou lo Zot in elabor en bon pe lo bann cost savings ki zot in fer partou, partou.

E Mr Gustave in elabor en pti pe lo bann masin ki zot pe servi teknik.

E i montre ki zot in koup en bon pe cost.

Or en kantite cost i kapab ganny redwir lo la kalite masin ki zot pe servi.
Be mwan mon kestyon i en pti pe dan laliny, ki mannyer zot grow the business from thereon?

Akoz dizon demen bomaten Gouvernman i dir nou pou afford Air Seychelles sa pti larzan pou kapab clear son bann det.

Or i annan en plan.

Me Air Seychelles i bezwen montre nou osi ki mannyer i grow the business.

Pou ki i pa vin depandan lo Gouvernman, tax payers money pou lo leternite.

So koz en ti pe lo atraver loportinite grow the business atraver cargo, atraver charter, atraver pa zis point to point traffic.
Me osi transit traffic, parey zot ti pe fer en pti pe lo Sid Afrik/ Sesel, Sesel/ Lenn.

E osi en pti pe Mr Speaker, ki reperkisyon i kapab annan lo Sekter Touris e Air Seychelles sirtou la ki nou konnen poudir Air Mauritius pa pe operate ankor Sesel.

Or posibleman Air Mauritius operate Sesel dan near future i vreman slim.

E lefe ki South African Airway osi i en laliny aeryen ki dan problenm e ki pa pou kapab petet si nou, nou aret al Sid Afrik, pa pou kapab vin Sesel.
Ki posibilite la si nou, nou osi nou arete dan sa 2 market, ki posibilite ki kapab met Air Seychelles plis dan problenm ankor?

So en pti pe dan sa laliny, grow in the business Mr Speaker.

MR SPEAKER Mersi Onorab.

Wi Mr Weeling- Lee.

BOARD AIR JEAN CHAIRMAN SEYCHELLES WEELING-LEE Mersi.

Onorab mersi bokou.

I think ou bann kestyon i pertinan.

Annou rekomans sa pti zistwar lo akoz nou ti swazir pou nou sanz sa bann vye avyon ki nou apel Airbus 320 ceo to bann new Airbus 320neo.
Primordyalman, akoz nou konnen ki i bokou pli efikas pou operate.

Sa i enn.

Me osi dan sa fuselage, dan sa fuselage avyon pg.

71 Verbatim Report NAS Sitting Tuesday 02nd February 2021 i annan bokou plis kapasite.

Nou pe anmenn nou, nou pe ogmant nou syez par avyon sorti lo 136 ziskan 168.

Korek?

Wi.

sa Me increase dan fly capacity, when you operationally, actually i plis.

Akoz vye avyon si ou pe kit Joburg high altitude ou bezwen carry bann extra fuel pou diversion.
Nou pa ti kapab mete 136 dimoun dan avyon.

Annefe ou ti pe carry an mwayenn 115, 120.

Ya?

Which means ki sa 2 avyon operationally i donn nou 50 poursan plis kapasite.

Savedir 20poursan mwens kou.

50poursan plis potansyel pou grow dan ou menm fuselage.

Ki parey konmsi ou ti annan 3 avyon, vye avyon.

Sa i donn nou sa winding edge pou kapab fer sa konpannyen en pe bokou pli rantab.

In other words on a lower cost ou kapab grow within the same fuselage 2 avyon.

Lo kestyon loportinite ki outside network.


I depan ki recover.

Si mannyer nou vreman nou network pe ganny servi lede intensively.

Tou avyon pe ganny servi 10 a 12 son erdtan maintenance.

napa kapasite pou nou fer bokou bann charter flights.

Ya?

zour, Nou par E se sa defayans.

Ler nou recover fully pou difisil, en swa difisil akoz napa kapasite, napa ase lekipman pou fer tou.

Me solman lefe ozordi ki nou napa okenn network ki nou pe fly, i disponib.
Alor nou avyon kapab fer tou sa bann, parey mon pe dir sa bann vol ki nou pe fer an deor nou teritwar.

Right?

Be solman sa pa nou model.

Nou pa en charter operater per se.

Nou'n vin en default charter operator, akoz dan letan COVID ou kapab koup lo kou, ganny en pti reveni pou koup nou kou.

Parey nou dir nou fixed overhead.

E sa akoz konmsi ki primordyalman nou ti a prefere ki nou restore nou network flying.

Kot nou kapab optimize lo nou growth.

Nou kapab grow to revenue base.


Pran lavantaz lo cost of operations.

Si sa i kler Onorab Cosgrow.

MR SPEAKER Mersi.

Silvouple les mon kontinyen akoz letan pe kit nou.

Mon annan en dimoun ki’n lev son lanmen 2 fwa tre boner.

E sa se Onorab Kelly Samynadin.

Alor mon a donn li laparol.

HON KELLY SAMYNADIN pg.

72 Verbatim Report NAS Sitting Tuesday 02nd February 2021 Mersi Mr Speaker.

Bonzour tou bann koleg Onorab e tou dimoun a lekout.
Mon premye kestyon, vi ki in ganny dir bomaten ki zot pa pe konsider ferm loperasyon enternasyonal, mon ti a kontan konnen ki degre seksyon domestik ek ground handling pou ete, an ka si loperasyon enternasyonal ki fermen?

profitab Mon dezyenm kestyon i al pou Mr Weeling.

Ou’n afirmen ki Air Seychelles pa dan biznes aeryen, be plito dan biznes ti a kontan tourizm.

Mon konnen ki poursantaz touris ki Air Seychelles in anmennen dan Sesel an 2018 e an 2019?
ti pou E given zot fleet, si Air Seychelles ganny lavantaz lo bann lezot airlines.

Prenon kont sityasyon aktyel, eski i pou kapab supply pei avek maximum kantite touris par lannen?

Mersi.

MR SPEAKER Mersi Onorab.

Mr Berlouis.

MR MICHEAL BERLOUIS Right, so ground handling lo li tousel i dan study state, savedir tou bann dan 2019 avek sanzman ki nou’n fer.

I kapab generate $7.7million annually.

Domestik letan ou met li lo sa bout ground handling i perdi half a million dollars.
Savedir i profi basically redwir lakonpannyen Air Seychelles an antye.

From about 7.7 to 7.1 million.

MR SPEAKER Mersi.

Mr Weeling-Lee.

BOARD AIR JEAN CHAIRMAN SEYCHELLES WEELING-LEE Lo ou dezyenm kestyon Mrs Onorab.

Air Seychelles 2019 ti anmenn apepre 41mil touris Sesel.

Korek Michael?

41mil.

Sertennman avek 2 pti avyon ki fly regional, ki napa okenn kapasite reach major market Lerop ouswa Lazi, obviously ki nou pa dominant carrier ki deservi Sesel an se moman.

A zanmen nou pou ete.


Annefe parey mon ti pe dir pli boner, dan lepase nou ti'n ganny dir ki nou devret fly long haul anmenn bann touris Lerop.

Ouswa even from China akoz nou pa ti dan sa biznes aeryen, nou to dan sa biznes tourism pou ed Sesel.

Larealite 2017, in montre nou, nou pa kapab deservi sa prensip.

Akoz si nou fer sa pei pa kapab siport sa loss.

Ki mon'n repete ankor ki nou nepli dominant carrier.

We don’t set the fare out of Europe, out of any stations outside the region kot pg.
73 Verbatim Report NAS Sitting Tuesday 02nd February 2021 pri nou annan en kontrol lo sa sector.

Parey Sid Afrik, Maurice.

It means ki nou bezwen ki nenport aksepte konpetisyon pe sarze.

E fer mannyer operate anba sa pri.

Si mon a donn zot en legzanp, pou anvol en gro avyon Charles De Gaulle Paris, 10 erdtan, 10 erdtan, i kout nou apepre $200 mil koman en, ler nou ti annan sa gro avyon.

E kantmenm nou ranpli sa avyon preske plen, maximum revenue ki ou anmennen par sa avyon se $100 ekek mil.
Savedir sak rotation ou perdi larzan akoz sa pri ki nou bezwen sarze lo market, i bokou pli ba ki sa kou zis pou anvol sa gro avyon.

Ki kout $10mil par block hour of flying.

E se sa akoz i enposib pou Air Seychelles ozordi compete avek sa bann legacy carrier, ouswa bann fee freedom carrier parey Emirates, Qatar, lo bann long haul route.

Zot business model ek pricing i diferan.

Right?

Nou, nou pe fly direct nou bezwen bear tou sa cost.

Nou pa kapab compete.

I enposib konmela.


MR SPEAKER Mersi Mr Weeling-Lee.

E avek sa mon pou bezwen aret sa sesyon.

Mon vreman regrete ki pa tou Manm ki'n ganny sans poz zot kestyon.

Me selman mon pe mazin zot, mon anvi komans nou apre midi 2er.

E si nou al pli lontan ki sa zot pa pou ganny letan dezennen.

So alor nou a poz la, e nou a rezwenn 2er.

Mersi bokou e mon a remersye panel pou zot prezans e zot partisipasyon.
E mon swet zot tou de bon dan zot kontinyasyon dan sa bann problenm ki zot pe fer fas avek.

Mersi.

(BREAK) MINISTRY OF FINANCE & PEMC MR SPEAKER Bonn apre midi tou dimoun e pou sa sesyon nou annan delegasyon Minister Finans.

Sekreter D’Eta, Patrick Payet.

Sekreter Prensipal, Damien Thesee e Mr Georges Tirant, Sef Egzekitiv Public Enterprise Monitoring Board.

Byenveni dan lasal e mersi pou partaz sa letan avek nou.
Panel nou a okenn komans avek prezantasyon, statement prepare e mon sipoze Sekreter D’Eta ou a lead the way.

SS PATRICK PAYET Thank you Mr Chair.

Leader Government Business, Leader pg.

74 Verbatim Report NAS Sitting Tuesday 02nd February 2021 Lopozisyon tou Manm Onorab, tou dimoun a lekout bonn apre midi.

Mr Chair, nou pou komans avek en prezantasyon, apre nou ava antre dan kestyon si bann Manm Onorab i annan.

Nou prezantasyon ozordi nou pou cover en pe restructuring plan 2017 avek Air Seychelles.
Apre viability assessment ki ti fer an 2019 e osi larzan ki Gouvernman in inject dan Air Seychelles depi 2012.

E osi nou pou kouver en pe lo kote fiskal, en pe nou macroeconomic forecast ki nou pe fer in the next 3 to middium, over the medium term.

the osi ti komans The Board So pou komanse Mr Chair, parey zot okouran, diskisyon avek Air Seychelles, an 2017 nou ti annan en restructuring plan ki nou ti diskite avek Air ti Seychelles.
aprouve, the Board of Directors ti aprouve e sa restructuring loperasyon plan 2018.

E dan forecast ki zot ti fer pou fiscal year 2018, zot ti pou fini avek en net loss $43.5 milyon loss, ki zot ti espekte akoz ti en 5 year forecast.

Zot ti espekte letan zot konplet 2022 fini avek en net loss $2.5milyon.

Sa travay ki ti ganny fer baze lo zot restructuring plan.

Lo kote cash flow, next slide.

Lo kote zot cash flow.

Fiscal year 2018 ti pou annan en defisit dan zot cash flow ekivalan $16.1 milyon.
Me se pandan pou zot fiscal year letan zot pou fini 2022, baze lo sa travay ki nou ti fer 5an, zot ti pou fini avek en cash flow pozitiv $2.2milyon.

Lo kote zot balance sheet.

Parey zot okouran 2017 letan nou a pas en pe kekfwa zot bann actual performans, zot pou vwar ki nou annan en negative equity e parey zot kapab vwar lo sa slide sa in in kontinyelman, menm si redwir.

A lafen 2022 sa ti pou reste.


Me se pandan sa i akoz Gouvernman ti pe inject apepre $6milyon par lannen baze lo negosyasyon ki nou ti ganny fer avek zot.

Lo kote zot liabilities, sa i ti pou still reste o.

Total equity, liabilities, fiscal year 2018 zot ti komans en forcast $102.5 milyon e zot ti pou fini avek $99.5milyon.

Liability i bann loan, senmen sa ki enkli sa bond ladan.

Dan negosyasyon ki nou ti fer avek Etihad, se en Put Option Agreement ki ti sinyen le 17 Novanm 2019.
Sa Lagreman pa ti ganny sinyen menm si nou ti annan en restructuring plan dan loperasyon.

Sa i akoz ti annan bann lezot eleman ;- par egzanp zot konnen ki Lasanble pg.

75 Verbatim Report NAS Sitting Tuesday 02nd February 2021 ti pe demann kestyon regarding ground handing, si nou ti pou pran li koman en garanti.

to Etihad Me parey zot okouran, nou ti go back e Government ki ti pou donn sa garanti.
E dan diskisyon avek Etihad, en eleman se si annan negative devyasyon dan zot profi ki nou ti’n fer forecast, 25 poursan e zot ti pou call sa put option.

Savedir nou ti pou bezwen pey zot sa $30milyon.

le Tou En lot eleman ki nou ti diskite 2018. komansman Gouvernman ti bezwen eject $6milyon tou le lannen pou 5an.
lannen, Gouvernman i bezwen fer sir ki i inject sa kapital, pou fer sir ki at least i met … Savedir menm lo sa si mon’n mansyonn positive profit baze lo zot restriktirasyon ki zot ti fer, sa i en assumption ki zot ti servi i se Gouvernman i bezwen inject $6 milyon lannen, komansman 2018 ziska 2022 - pou 5an.

tou le En lot eleman se sa 30 milyon.

Parey ki zot ti konnen ki si i annan $34milyon ki Etihad ti write-off pou lannen 2017.

Sa i bann liabilities ki Air Seychelles ti’n accumulate over the years.
Me Etihad ti agree pou right of sa dan son financial 2017.

Me se pandan ti annan en lot liabilities ki ekivalan $30 sa lagreman.

milyon.

Dan sa $30 milyon Etihad sanmenm sa ki nou ti siny Pou komansman 2022 apre 2022 pou Air Seychelles komans re pey li sa sonm tou le lannen pou en peryod 5 a 6an.

Sanmenm sa ki i ti tret sa $30 milyon koman preferential shares.

E pran.

En lot eleman se 25 million capital injection.


Sa i en loan ki i en capital facility ki Air Seychelles ti bezwen al negosye pou ladan Gouvernman pou garanti$12.

5 milyon e osi Etihad pou garanti $12.5milyon.

Akoz letan nou ti regard son cash flow i ti pou bezwen annan plis kapital ki ganny enzekte dan son cash flow.

So, Gouvernman ti agree ki, konnen pou guarantee by Gouvernman ki annan 60 poursan shares e osi Etihad ki annan 40poursan e sa ti en total $25 milyon.
Me sepandan letan nou negosye, baze lo sirkonstans lekonomi, Akoz sa exercise nou ti konplet li le 17 Novanm 2019, zot ti pe negosye avek bann labank e pou nou assess bann term and facility.

En labank lokal ki zot ti pran, me letan in regard en pe bann opsyon mon krwar ki sa labank pa ti antre ladan.

Sanmenm sa ki nou ti pe al antre en pe avek bann pg.

76 Verbatim Report NAS Sitting Tuesday 02nd February 2021 lezot labank enternasyonal pou regarde si zot kapab donn sa $25milyon working capital facility.
Nimero 6.

MR SPEAKER 6, mersi bokou.

The one, se next Gouvernman ti pou garanti $2milyon pou financing of the A320neo sa deposit Gouvernman ti pou garanti li purely.

e sa Lagreman E osi parey zot konnen Air Seychelles pa pey business tax e en Lagreman ki nou ti agree avek Etihad se pou napa okenn increase dan tax rate letan nou dan siny restructuring plan.
Sa pou anpese ki i annan okenn lenpak si Gouvernman demen i deside annan en business tax rate lo Air Seychelles ki i detri li en pe plis, konpare avek son bann asanpsyon ki i ti servi letan i ti pe fer son restructuring plan.

Finally se the Exclusivity Lagreman, espesyalman for ground handling.

Pou nou finalize e sa ti ganny finalize between SCAA avek Departman Lavyasyon avek Air Seychelles.

Next Slide.

MR SPEAKER Stop, Mr Payet.


Zis dir mwan ki nimero slide ou’n arive please akoz mon pe ganny en pe difikilte swiv lo sa screen.

SS PATRICK PAYET SS PATRICK PAYET Yes, son actual performans letan nou’n konpare, 2014 ziska 2019, letan ou pe regarde 2014 i ti annan en profi apepre $3.1milyon.

Me sa in decrease slightly.

2015, 2016.

2017 nou pou vwar in al dan defisit, en loss e 2018 nou ti vwar sa huge loss apepre $42milyon.

2019 sa ti redwir pou vin zis en loss $4.1milyon.


Letan ou regarde se 2018 ek 2019 i ankor still zot accounts pa ankor ganny sinyen, akoz i ankor unaudited.

In konplete me se akoz sa bann Lagreman avek between Gouvernman ki pa ankor konplete ki sanmenm sa ki sa financial pa ankor kapab ganny sinyen.

Etihad total Letan ou regard equity, konpare 2014 e 2019 ou pou vwar ki i ti komans li pozitiv 9.3, me selman 2019 dan zot unaudited accounts i apepre defisit $55.4milyon.
Total liabilities 2014 i ti koman $76 milyon e 2019 i ti’n ariv $204 milyon.

Total liabilities ki annan.

Long term avek short term.

pg.

77 Verbatim Report NAS Sitting Tuesday 02nd February 2021 Parey zot okouran an 2019 letan Air Seychelles ti apros nou pou rod en pe ti komans finansman, nou diskisyon pou nou vwar bann opsyon financing ki kapab arive.

E en opsyon se why not kekfwa World Bank i kapab asiste the financing.
E letan nou ti apros World Bank, World Bank ti dir nou koumsa ok, i kapab get sa opsyon, me en i bezwen selman variability assessment lo Air Seychelles, avan i kapab inject kapital ladan.

Menm si i pou annan Government guarantee ki pe servi.

fer en Me sa ti ganny konplete Out 2019.

Ki nou’n vwar dan sa assessment ki’n ganny share the National Assembly with Members, larout Maurice i pe prodwi good results, me tandis ki Joburg avek Mumbai li i pe prodwi negativ results.
Savedir dan zot L3 contribution zot ti vwar ki revenue pa ti kapab pe kouver zot cost of the aircraft and crew cost, an menm tan the airplane as well.

Prey zot vwar lo sa slide, Joburg on average i, 2017 i ti annan $1milyon loss lo L3 e 2019 as at August i ti apepre $1 milyon.

Maurice i ti pozitiv me tandis ki Mumbai, Bombay, sa i ti ankor still negativ.

Ti’n ariv, ti annan en slight negativ.

Lot fakter, 2018 letan i ti fer assessment Maurice ti apepre 74poursan.

Joburg 78 percent, Mumbai 73poursan.


ki passengers lo domestik E en lot eleman ki ti ganny vwar dan sa rapor se the volume sorti of international network.

Savedir bann passengers ki sorti lo Air Seychelles, enternasyonal ki pe al low konpare avek bann lezot airline.

So, sa assessment i demontre ou ki okenn eleman lo kote international i pa pou afekte domestic significantly, akoz sa mazorite son volume pe sorti kot bann lezot airline.
i very Parey mon’n mansyonnen pli boner, i annan en return of equity ki negativ, almost 16 percent e i ti annan li en negativ death ratio of almost 42 percent.

E dan sa rapor osi ki’n ganny mansyonnen.

Dan sa rapor letan zot in assess ki menm si ou assume ki tou sa touris, si tou sa touris ki sorti Maurice, India, Joburg lo Air Seychelles, i montre ou ki the tourism market ki Air Seychelles pe anmennen Sesel baze lo 11poursan zis statistic konpare avek bann lezot airline.
Sa rapor osi in demontre ki vre akoz dan nouvo neo ki’n arive A320, i pou lower cost of lopresyon by almost li osi e i pou anmenn 28 poursan more fly i i pg.

78 Verbatim Report NAS Sitting Tuesday 02nd February 2021 seat capacity dan son bann larout.

lo la Konklizyon sa rapor in montre ki at least i annan 3 opsyon ki Gouvernman i kapab konsidere.

Premye opsyon ki ti se fer assessment international flights.
Savedir sa si Air Seychelles i kontinyen al lo son bann larout parey kot i ti pe ale avan dan Lerop.

La Franse, Germany, bann lezot landrwa, I montre ou sa it’s not profitable at all.

Savedir sa i pa pe advise pou Air Seychelles al international.

The second option, si Air Seychelles i al domestic.

I al zis rezyonal, wi i pou bezwen en capital injection tou le an sorti kot Gouvernman.

I montre ou e baze lo sa rapor in assume menm si Air Seychelles intake lo zot larout.
Zot passenger i increase by almost 30 percent.

I montre ou still regional pa profitab baze lo son bann assumption ki in servi.

son charter Model nimero 3 ki vwar ki profitab se sa segment domestic si Air avek Seychelles i kouver domestic, ground handling avek charter.

E sa pou li son advice ki profitability i egziste.

En lot eleman parey zot okouran nou annan sa project box bond ki egziste ozordi, 21.5 almost $71.5million.

premye facility, sa in fini mature me selman i pa ankor ganny peye.
I ti ganny mature le 28 Septanm.

Sa ki ekivalan $21.5 milyon.

Dezyenm fasilite i lavaler $50milyon e li i pou ganny mature le 01 Zen 2021.

Parey zot okouran sa box bonds i ti ganny pran dan en SPV, Special Post Vehicle ki Etihad ti pran.

Premye ti ekivalan $700milyon an 2015 e dezyenm ti lavaler $500milyon an 2016.

Etihad in pran, letan ou gete total $1.2 bilyon.


Air Seychelles li ladan son ekivalan ti zis $71.5 milyon konpare avek bann lezot airline par egzanp Air Italia avek Air Berlin apre pou Etihad osi.

an sinyen Letan ou regard ki kantite ki Gouvernman in inject dan Air Seychelles depi 2012 ziska 2020, premye parey zot okouran, letan Lagreman an Etihad avek Gouvernman ti ganny 2012, Gouvernman ti pran tou sa liabilities ki ti egziste dan box Air Seychelles an 2012.
So, Gouvernman in siny lagreman avek Etihad, in dir be ok, mon ava donn en clean sheet ki ou pou napa liabilities ditou.

Ki en ki lekivalan ekivalan $48milyon sa Gouvernman in peye depi 2012 ziska 2018.

R593milyon e pg.

79 Verbatim Report NAS Sitting Tuesday 02nd February 2021 En lot eleman parey zot vwar lo sa slide, Gouvernman in kontinyen inject capital through loperasyon ouswa new son nouvo kapital, ki nou’n donnen ki ekivalan apepre R492.1 total milyon ki apepre en $29.75milyon.
So, an total depi 2012 ek 2020 letan ou regard ki kantite ki Gouvernman in inject apre ki kantite ki Gouvernman in take over as liabilities i en total apepre $77.7milyon ki almost R1 billion.

E tousala in bezwen ganny mete dan Bidze tou le lannen pou nou fer sir ki nou kapab clear the books of Air Seychelles.

Letan ou konpar kwa ki Air Seychelles, ki Etihad li in inject avek konpare Premye dan Gouvernman.
lagreman ki ti ganny sinyen Etihad li i ti bezwen inject $20 milyon apre dan sa $30 milyon ki mon’n koz lo la earlier, ki sa lo bann Put mon’n lendikater ki mansyonnen.

Apre parey mon’n mansyonnen an 2017 ti annan write-off of invoices almost $34milyon.

option baze ek Letan ou konpar Gouvernman i annan bann, parey zot okouran, parey Air Seychelles in mansyonnen.
I annan sa bann total invoices ki ankor outstanding avek Etihad ki en ekivalan $65milyon, apre $57.3milyon i annan en loan $8milyon ki write-off sorti kot Etihad ki ekivalan e Gouvernman li sa injection i 15.3.

E ladan nou pe dir 11.7 Gouvernman peye direkteman an 2022.

Apre sa balans i pou pe ganny peye over the medium term, baze dan Lagreman ki nou pou annan avek Etihad.

pou the Apre letan parey dan capital previous slide, injection ki ti annan 2012 ziska 2020, Gouvernman in inject $77.7milyon.
E negosyasyon ki nou pe koze avek the bond holders nou espekte pey zis sa $20milyon konpare avek sa R71.5 milyon.

So, Etihad li endirekteman in inject almost $141.3milyon konpare ek Gouvernman letan ou regarde letan sa whole exercise pou konplete.

Li i pou’n inject $113 milyon dan Air Seychelles.

Bidze 2021 Air Seychelles in soumet kot PEMC.

Air Seychelles pe demann Gouvernman pou lannen 2021 parey zot in kapab vwar dan budget book ki’n ganny circulate avek zot.

Almost $15.2 milyon from Government.


Me selman avek sirkonstans ki PS pou pas lo la apre, zot pou vwar ki nou napa sa kantite larzan pou nou ki pg.

80 Verbatim Report NAS Sitting Tuesday 02nd February 2021 kapab further.

inject Air Seychelles kapab Mr Chair next slide, e mon pou kapab pas laparol avek PS ki en prozeksyon nou Government lannen fiscal pozisyon pou medium term.

Mersi.

donn zot MR SPEAKER Mersi SS Payet.

PS.

petet PS DAMIEN THESEE Bonn apre midi Mr Chair, tou Manm Onorab.
Nou pe donn ki fiskal pozisyon enportan pou nou apresye presyon bann lantrepriz piblik ki pa lo Central Government i annan lo Bidze, e akoz sa i tre enportan ler nou konsider nou pozisyon fiskal.

Savedir ler nou get nou reveni ek nou depans kwa ki nou annan pou en Ler nou get nou lannen.

loperasyon terms of ki mannyer nou finans sa Bidze.

Savedir nou likidite, nou cash.

E apre trwazyenmman lefe ki tre annan nou enportan soustenabilite pei.
lo nou det ki pou in So si nou get 2020, provizyerman nou pe espekte termin 2020 avek en fiscal defisit 15.3poursan.

Sa i nou fiskal primer.

Me overall i enkli tou nou bann lentere.

I pou fer en defisit 18.5poursan ki ekivalan R3.9bilyon defisit ki vedir sa R3.9bilyon defisit nou’n li partikilyerman avek bowerings nou kapab dir.

bezwen finans en pou avek Pou lannen 2021, parey soumet Bidze avek nou’n Lasanble.
Nou pe prezant en Bidze defisit 11.8poursan e son overall deficit si ou enkli son bann lentere se 15.3poursan ki vedir en deficit, en financing gap R3.4bilyon ki nou bezwen rod finansman pour sa.
Konpare bann lannen avan, nou pe met plis lanfaz bann lannen ki pe vini la avek nou overall deficit konpare avek the primary balance ki tou kou nou met lanfaz lo la akoz bezwen plizoumwen konsider sa bann lentere ki nou annan pou peye e ki nou bezwen borrow pou peye, an vi ki Gouvernman pa pe zer ase reveni pou li kapab finans son fer ki prop depans.

sanmenm sa sityasyon i pli kritik pou nou.


Ki nou E ler nou get bann prozeksyon mwayen term pou lo nou current 2022, baze si nou kit establishment, keksoz parey i ete la, nou’n fer en serten rediksyon kot i posib.

Nou pe vwar nou pou still annan en deficit 10.5 poursan overall an 2022 e 2023 en deficit pg.

81 Verbatim Report NAS Sitting Tuesday 02nd February 2021 4.5 poursan.

E sa nou pe estimen nou pou kontinyen fer en deficit posibleman ziska lannen 2025.
E petet nou a vwar en recovery 2026 kot la nou ava komans ganny en tre ba fiscal surplus.

Prezan ki mannyer basically nou finans sa defisit ki nou pe fer.

Si nou get lafen Desanm 2020, nou ti termin avek en kont balans dan nou 1401, mwens ki R15milyon.

E se sa ki Prezidan ti met lanfaz lo la ler i ti dir koumsa i annan sok.

Sete nou pa’n zanmen termin ek en tel cash position ever depi reform ekonomik.
R600milyon E an 2020 an Desanm kot nou ti ganny difikilte pou ganny likidite, nou’n bezwen pret avek apepre Labank Santral koman davans pou kapab komit bann depans Gouvernman ki nou ti annan an Desanm.

Sa nou’n fini re peye.

Nou ti osi rapel nou ti bezwen issue en bond R1.5 bilyon an 2020 pou kapab soutyen sa deficit ki nou’n fer an 2020.

E pou 2021 nou’n komans lannen e so far pandan Zanvye li menm, nou’n pret R2.1bilyon Labank Santral zis pou kapab finans bann depans Gouvernman an Zanvye ki ti annan.
Me selman avek sa nou’n kapab antyerman an Zanvye so far.

re pey E la nou’n retourn dan en positive cash position e nou’n fek lans treasury bonds last week, semenn pase.

Ki nou’n issue pou en valer R1.5 bilyon e as of yer nou ti ganny nou apepre R461 milyon in terms for siskripsyon, bann dimoun ki’n donnen.

So, savedir sa pe ed nou pou nou kapab annan sa positive cash balance ki nou annan.
Ki mannyer nou pou finans sa defisit R3.3bilyon an 2020 e pou sa treasury bonds, nou pou bezwen kontinyelman borrow lo en short term basis atraver treasury bills.

Kot nou al kot market tou le semenn, pou plizoumwen pou bann sort term securities.

E osi nou pou bezwen angaze avek nou bann partner miltilateral, pou nou kapab rod sa ki nou apel bann foreign budget support.

i sa Me baze lo achievements serten target.


Savedir Labank Mondyal, Fon Monneter Enternasyonal avek Labank Devlopman Afriken i pare pou pret nou serten i pou Me selman larzan.

ranforsi ki Sesel i fer serten reform makroekonomik avek serten target.

E ler nou atenn sa bann target, la kot i disburse sa larzan.

pg.

82 Verbatim Report NAS Sitting Tuesday 02nd February 2021 Savedir pou 2021, even if nou annan sa, sa bann larzan avek nou bann foreign budget support pou antre pli tar dan lannen.
Ki vedir nou annan presyon plizoumwen sa premye 9 mwan pou kapab soutyen sa bidze atraver rod finansman avek short term securities pou kapab fer depans Gouvernman.

So avek kontrent Air Seychelles ki vini e deza menm san Air Seychelles nou touzour konnen ki Gouvernman i annan li challenge tou le lannen, pou li priyoritiz son bann proze ek son bann progranm dan Bidze.

Nou annan sa ki nou apel en budget constraint.


la pa get So, ankor finanse, avek sityasyon Air Seychelles nou si prezan bezwen Gouvernman i deside pou li soutyen Air Seychelles.

Kwa ki kalite nou lenfrastriktir nou pa finanse, kalite progranm nou pa fer pou nou kapab donn sa finansman Air Seychelles.

Sa ki enportan note, ki sa det Air Seychelles ki pe ganny me relevans avek, si Air Seychelles ti pou napa li nou ti pou fer en profi.

I pa en keksoz korek ki nou petet apresye.


Akoz still det Air Seychelles e se Gouvernman ki bezwen vini pou finans li.

Pou lannen 2021, si nou al lo lot slide, so far nou pa’n mete okenn finansman adisyonnel pou kouver sa bann det Air Seychelles ki annan avek Etihad ek bondholders.

I ankor an deor.

Nou’n zis provide R104 milyon in terms of lasistans saler.

Lot slide nou pou vwar an 2021 nou annan nou lavaler R5.7bilyon det ki nou bezwen re peye sa lannen e ladan 4.9 bilyon i bann det domestik.
Savedir bann treasury bills ki pou mature, ki nou pou bezwen re peye.

Sa natirelman prezan ou bezwen borrow plis pou ou kapab petet sa ki nou apel roll over.

E ou vwar si nou konpar 2017 ek 2020, si nou get kou pou nou borrow on average, an 2019 nou external debt ti pe kout nou on average 3.2 pour sa.

E nou’n vwar 2020 avek sityasyon COVID nou bann det eksteryer in monte, savedir on average la in ariv 4.5 poursan, en logmantasyon 40 poursan dan nou bann pri det eksteryer.
Nou ava rapel ki nou’n pran bokou budget support lannen pase avek IMF, World Bank, avek Labank Devlopman.

E pour det domestik an 2019 on average ti kout 1.6 poursan, pou nou borrow lokalman e 2020 ki nou’n vwar ki nou det domestik in monte pou ariv 262 poursan ki sa 5.8 pg.

83 Verbatim Report NAS Sitting Tuesday 02nd February 2021 poursan pou nou kapab finans bann det domestik.

borrow Savedir plis, Gouvernman plis.


i bezwen Natirelman marse li prezan li i aziste, i vwar ou nesesite li pou sarz ou plis, pou fer en return lo la.

Se koumsa ki nou vwar prezan nou overall balance pe shoot up quite alarman.

Nou lot slide.

Sa i montre en pe nou soustenabilite date.

Sa premye latab anler i montre nou prozeksyon e sa enn anba i sa ki IMF in fer e soumet ek nou.

2020 nou pou termin nou avek en det to GDP 99.4 poursan.

Nou ava rapel target sete 50poursan debt to GDP by lannen 2021.
Me parkont nou pou vwar ki lannen 2021 nou en pou prozeksyon 108.4 poursan debt to GDP e sa i pa enkli sa loan ki nou pe swadizan rely lo la avek TDB, $41milyon ki ekivalan 7poursan GDP si nou azout lo la.

Pou plizoumwen re pey sa bann loan Air Seychelles.

avek petet fini Savedir si i annan zot 7 poursan avek 108, nou pou ganny nou 115 det to GDP pou 2021.

Anba i montre IMF son bann prozeksyon ki in fer e in partaz avek nou.

Bann diskisyon i annan sa bout kot i met son sustainability scenario.
Sa sustainability scenario i plizoumwen ki mannyer nou asire ki nou redwir nou det dan mwayen term, pou nou tourn back lo en sitasyon kot prezan nou nepli pe depans plis ki nou pe zere.

Savedir kantmenm nou 2021 nou pe dir nou pou fini avek 108.4 poursan debt to GDP i deza pli o avek sa nouvo least soutenab ki sipoze at 100.8poursan.

Nou deza zot sa baz soustenabilite.


So, pou bezwen annan plis zefor ki Gouvernman i bezwen fer, pou redwir depans lo son li menm pou kapab Bidze anmenn nou sa nivo lo soustenabilite.

E si prezan nou azout sa bann presyon ki Air Seychelles pe demande an plis.

Bomaten mon’n tann $15 milyon pou lannen 2021 e 2022 natirelman sa i vin en presyon lo nou.

Lot slide.
Lot slide.

Tre brefman parey in ganny dir avan, nou vwar dapre rapor ki’n ganny fer ki lo larout enternasyonal ankor ki nou’n vwar, i pa en larout ki ou vwar pou fer okenn lo kote rezyonal profi.

prediksyon sete in vwar ki i pou en loperasyon ki pou kontinyen fer bann rezilta negativ, ler ou met an zwe son bann kou ladministratif avek son bann kou marketing E E pour konklir in ganny dir dan sa rapor ki si nou get pg.
84 Verbatim Report NAS Sitting Tuesday 02nd February 2021 loperasyon Air Seychelles son international flight lo en kote endividyel, san okenn bann lezot segment kot i anmenn li reveni oubyen lasistans avek Gouvernman, Government Grants, sa loperasyon ki Air Seychelles pe propoze, savedir son international segment, pa pou petet zanmen ariv en nivo profitabilite even if nou annan bann senaryo optimistik ki pe ganny donnen.

So, posibleman i pou annan sa loss.


E ler prezan nou pe get sitasyon COVID kot nou pe vwar recovery i dan 3an a 5an, sa prezan i met nou Gouvernman an pli gran risk in terms of suitability debt e osi dezyenmman nou challenge fiskal.

Savedir ki mannyer nou presyon finans adisyonnel pou donn en subvention en parastatal kan nou central Government i deza dan problenm li menm.

bann sa Menm si i pou fer tou son posib pou li streamline, cut cost, tir koripsyon, fer tou sa ki fodre.
Mon annan sa gro challenge ki nou bezwen al dan market, borrow e ler nou borrow, akoz nou pa pe ganny sa kantite reveni pou nou kapab meet depans dan Gouvernman, then i fer ou kou loperasyon pli ser, akoz ou pe ganny bann lentere pli ser ankor.

So, pou sey donn serten stabilite dan market, Minister Finans avek Labank Santral in bezwen osi fer diskisyon avek bann Labank Komersyal pou donn lasirans ki sa Gouvernman despise sa bann challenge, nou pa pou default lo okenn det domestik ki nou annan.
zot Akoz dernyen keksoz ki nou anvi se si nou pa kapab oner nou bann det domestik ki nou pe go on a market every week pou rod treasury bills pou depans bann finans Gouvernman, plizoumwen lo en short term basis.

E son kou pe monte.

Me nou bezwen at the same time kontinyen fer sa e donn langazman bann labank oubyen bann envestiser pou kontinyen donn nou sa larzan.

Mersi, Mr Chair.

MR SPEAKER Mersi PS.

SS Payet.

SS PATRICK PAYET Yes, mersi Mr Chair.


Mr Chair, kekfwa dernyen slide mon krwar enn de kestyon ki nou as Gouvernman, nou ankor pe demande, diskite pou vwar soustenabilite of Air Seychelles premyerman premye keksoz ki se nou bezwen demande konbyen Bidze i kapab afford, pou fer sir ki sa bout eleman pg.

85 Verbatim Report NAS Sitting Tuesday 02nd February 2021 konbyen international segment i reste sa Insurance Policy.
Savedir the Insurance Policy at this current climate i pou kout pei par lannen, in the next 5 years.

in parey Currently mansyonnen dan Bidze, nou annan zis loperasyon pou pey zis saler pou lannen 2021.

PS Secondly, the debt ki nou’n koz lo la pli boner.

Sa 11.

7 avek sa $20 milyon ki kantite ki nou kapab factor anndan Bidze.

Mon konnen diskisyon avek for Government to take over those debt.

Me selman tousala nou bezwen enkli li dan nou macro framework.
Seychelles Air Thirdly, avek tou keksoz, sityasyon lekonomi ki pe arive enternasyonalman, eski Sid Afrique as en market i pou pick up?

E tousala i bann analiz ki nou bezwen fer baze lo bann prozeksyon ki available out there.

eski Thirdly, si nou kontinyen avek bann lezot larout rezyonal e Tel Aviv nou konnen Desanm in fer vreman byen.

Eski i pou kapab annan ase reveni ki pou antre ki pou compensate the other losses ant kekfwa Mumbai avek Sid Afrik.
Sa i bann lezot kestyon ki nou bezwen analiz, base analysis lo la.

E osi nou konnen par egzanp si Gouvernman demen i deside pou zis al lo sa domestic avek ground handling, i annan lenpak lo bann kontra, bann leases ki’n sinyen existingly lo sa bann segment enternasyonal.

So, tousala nou bezwen kapab cost li pou vwar son eleman negosyasyon osi.

ganny E en lot eleman, nou konnen par egzanp si i demen i deside an menm tan pran en lot desizyon pa kontinyen avek the international segment.
Parey mon’n mansyonnen si sa 11 poursan ki pe vini par Air Seychelles, eski bann lezot airline pou take onboard?

Eski bann touris pou divert dan bann lezot airline ?

Sa i bann kestyon, osi bann analiz ki nou bezwen fer.

negosyasyon, Me selman mon konnen i annan 3 keksoz devan nou as Gouvernman.

Premye ki nou pe finaliz se Lagreman ki nou’n sinyen avek Etihad e sa i almost on the completing phase.
Etihad in sinyen, me Gouvernman Sesel pa ankor sinyen, akoz zis pou nou, nou pe met sa eleman kan ki nou peye.

Akoz letan nou pe regarde, pou sa lannen nou pa pe kapab pey sa $11.7 milyon e nou, nou’n mete pou lannen.

Nou pe prozekte pou nou pey li pou lannen 2022. pg.

86 Verbatim Report NAS Sitting Tuesday 02nd February 2021 konplet So, nou sa legzersis avek Etihad e Air Seychelles i vin 100 percent the Government of own by Seychelles.
E dezyenmman pou nou finaliz negosyasyon avek bondholders pou zot agree pou sa $20milyon ki nou anvi compensate lo sa $71.5 milyon.

E trwazyenm mwan pou Gouvernman pran en desizyon si nou pa kapab afford sa other capital injection, ki arive avek striktir Air Seychelles?

Ki mannyer i pou look like.

So, i sa 3 eleman ki mon krwar nou bezwen al sequential.

Fini enn, me selman nou pou bezwen sa lannen kapab pran en desizyon pou re striktir Air Seychelles.

Mersi Mr Chair.

MR SPEAKER Mersi SS.


Wi, Onorab Churchill Gill.

HON CHURCHILL GILL Mersi, Mr Chair.

Mr Chair, ler mon’n ekout Management Air Seychelles bomaten ek zot bann statistik ki zot in donn nou.

Departman Mon’n Minister bann lenformasyon ki zot in donn nou.

Mon krwar en konklizyon ki kler se ki tou sa bann letan ki sa bann det ti pe ganny pran, sa bann loan ki ti pe ganny pran Finans, ekout i ti kler poudir Air Seychelles pa ti pou kapab peye sa.
I ti kler akoz bann lenformasyon ki zot in donn nou, toultan ler sa bann det i pe vin due, nou, nou dan en problenm kot nou pa kapab peye.

Savedir i ti kler poudir donnen larout ki larout ki Air Seychelles pe fer, rezilta ki pe gannyen.

Tou sa bann det nou ti pou zis pa kapab peye.

Nou bezwen aksepte.

fer E prezan sa i napa naryen pou avek staff Air Seychelles.

I annan keksoz pou fer ki Management Air Seychelles in pran avek bann shareholders.

Akoz zot ki’n met sa bann komitman lo Air Seychelles.
desizyon avek An menm tan konnen osi ki nou pa pou kapab soutenir sa bann det.

Mwan mon krwar i ti zis en matter kot nou ti pe pous sa pli lwen e la prezan nou’n ariv sa staz kot nou bezwen fer fas avek sa det.

So, a lafen dizour mon krwar nou bezwen seryezman konpran poudir wi i ti en sityasyon ki nou ti pou fer fas avek.

Ti zis en matter ki son letan pa ti ankor arive.


Alors mon ti a demann shareholder ki Gouvernman e Minister Finans acknowledge ki sa ti le ka, nou ti konnen sa letan ler nou ti pe pran sa bann pg.

87 Verbatim Report NAS Sitting Tuesday 02nd February 2021 dakor baze komitman.

E prezan annou tonm lo nou sityasyon ekonomik ki vre, i serye.

Me selman annou gete ki fason an term en sonm ki Bidze i kapab soutenir apre ki zot eksplor tou bann posibilite e prezan sa i ava ede pou en desizyon kapab ganny pran.
Mersi, Mr Speaker.

MR SPEAKER Mersi Onorab Gill.

Panel.

Yes SS Payet.

parey Chair, SS PATRICK PAYET Mersi Mr Chair.

Mersi Onorab.

Mr nou prezantasyon nou’n met lanfaz lo la.

Parey PS in dir, okenn desizyon ki ganny pran pou nou lo Air inject plis kapital Seychelles, si en desizyon demen Gouvernman i pran ki soutenir Air nou bezwen Seychelles lo sa international segment, nou pou bezwen lekel progranm kapab vwar ouswa depans Gouvernman ki bezwen ganny redwir.
Akoz letan nou regard nou total lanvlop ki nou annan, soustenabilite over the medium term of the fiscal, e parey PS in mansyonnen, ki kante larzan ki available lo market pou nou kapab borrow.

Nou bezwen kapab pran en desizyon as a country, yes.
Si Air Seychelles i sa reste as international segment, ki kante injection of capital ki i pou bezwen tou le lannen e progranm lekel Gouvernman, oubyen depans Gouvernman ki nou bezwen retire ouswa si Gouvernman i deside pa fer sa, i bezwen kapab inject en lot kalite tax ki pou kapab raise more revenue.

So, this is the desizyon as en Gouvernman ki nou bezwen assess, vwar ki lenpak tou sa bann desizyon ki nou pran e ki en the bigger picture as term macroeconomic medium forecast ki nou pe fer.
So definitivman en i desizyon parey nou’n dir bezwen ganny pran sa lannen e pou nou kapab travay.

E en keksoz ki par egzanp letan nou’n meet avek Air Seychelles yesterday.

Ki nou pe diskit avek li, annou regard en pe sa bann model.

Vre, zot in vin $15 milyon sa lannen ki zot pe demande baze lo Bidze ki zot in soumet avek PEMC.

Me si par egzanp bann assumption ki nou pe servi si touris i pick up, ki level ki i pick up, ki lenpak sa i pou arive lo zot financials.
So, tou sa bann model ki nou pe diskit avek zot ki nou espekte in the next 2 weeks pou zot kapab prezant something avek nou.

Me selman nou letan nou, nou’n fer nou assessment pg.

88 Verbatim Report NAS Sitting Tuesday 02nd February 2021 international nou’n vwar definitivman avek sa segment Gouvernman i bezwen inject more capital.

Thank you.

MR SPEAKER Mersi SS.

Onorab Gervais Henrie.

HON GERVAIS HENRIE Mersi Mr Chair.

Bonn apre midi tou dimoun.


Mon premye kestyon mon oule en senp wi ouswa non, selman mon rekonforte lo zot dernyen slid mon vwar i annan en bann kestyon ki pe ganny demande.

Savedir mon kestyon ki mon oule larepons wi ouswa non.

A sa moman ki nou pe koze, en desizyon ferm malgre serten lakizasyon, poudir desizyon pa ankor ganny fer pou ferm Air Seychelles.

Wi ouswa non, sa i mon premye kestyon.


Mon dezyenm kestyon, i vin larzan ki lo kantite Gouvernman in met dan Air Seychelles depi 2012 e en sonm apepre R1bilyon in ganny quote depi 2012 ziska 2019.

E vizavi lakantite li Air Seychelles i dir i anmennen dan lekonomi direk ou endirek?

larzan ki Letan nou balans le de eski nou kapab dir nou a kapab pran en kote dan sa deba baze lo depi 2012 ziska 2019 nou’n kontribye 1bilyon.

Me li i pe dir pa lannen i pe anmenn 66 milyon.


So, si nou ti pou fer en kalkilasyon, si nou balans sa 2.

Eski alors nou kapab dir be ok, nou kapab take a chance ankor lo Air Seychelles.

E finalman Mr Speaker, letan nou’n get, mon pe get worse and best case scenario.

Air Seychelles nou konnen poudir i annan $11.7milyon ki i bezwen pey Etihad.
Bond holders i kapab 20, zot kapab dir non, nou pa oule 20, nou oule 30. li Apre i annan sa capital i pe dir ek injection ki Gouvernman mete, la pou ozordi mon’n tann nonm 15, me selman Sanmdi zot ti pe dir nou i kapab ant 6 a 10 par an.

So, a good scenario i tonm apepre $26.7milyon, the worst case scenario i kapab tonm 51.7.
Mon kestyon i se ki kote nou pou ganny sa larzan, e eski koman en pei nou kapab afford sa larzan san ki parey SS in eksplik nou byen, i bezwen annan 1, 2 ou 3 ou menm bokou plis progranm, servis e travay Seselwa i sibir en konsekans.

Sa i en kestyon fran irespektiv ki degre fermal i fermal pou nou aksepte, me i pou bezwen leka.

So, sa i mon Mersi Mr 3 soumisyon.

Speaker.

pg.

89 Verbatim Report NAS Sitting Tuesday 02nd February 2021 MR SPEAKER Mersi Onorab.

Panel.

SS PATRICK PAYET Mersi, Mr Chair.


Mersi Onorab pou sa kestyon.

Onorab en premye kestyon non, desizyon pa ankor ganny pran.

Analis pe ganny fer.

Lo dezyenm kestyon, vre Gouvernman in inject almost R1 billion lo Air Seychelles, me en keksoz ki nou bezwen assess.

Mon konnen Air Seychelles in vin avek en prezantasyon in dir kekfwa endirekteman konbyen par egzanp sa bann touris ki zot pe anmennen, endirekteman konbyen sa bann touris pe al servi Guest Houses, Lotel.
So i annan VAT, i annan landrwa ki zot pe peye.

Me selman en kestyon ki nou demande, si sa bann touris ozordi ki pe vin via Air Seychelles, si demen en desizyon i ganny pran pou Air Seychelles arete vin dan sa international segment, eski sa 41mil touris ki Air Seychelles i anmennen pou arete vin Sesel?

the oportinite kekfwa, Air Seychelles vre in dir pour lemoman i kontribye so much.

Me selman eski sa bann touris baze lo sa marse ki egziste pou arete vini?
So si i pou kontinyen vini, so nou pou kontinyen ganny sa quantum, pou mwan sa mon ti is where this So, i ti pe viziter, pou tire dan sa formula letan fer prozeksyon mon kantite Air Seychelles i anmennen dan lekonomi Sesel.

So, pou nou definitivman, vre Air Seychelles i anmenn son annan kantite kontribisyon dan lekonomi Sesel.

Me selman letan ou regard the kou ki nou pe peye ozordi, kot nou pe vwar li ki pe outweigh zot kontribisyon baze lo assumption ki nou pe servi.
Nou, nou pe assume ki vre i pou annan en tonbe si par egzanp sa international segment i arive.

Si tou bann dimoun ki pe fly direk, me selman touris dan sa find en bann marse pou solisyon pou zot ariv Sesel baze lo nou marketing campaign ki STB i servi.

En lot eleman kekfwa nou kapab mansyonnen se sa eleman par egzanp letan ou get sa trafik Joburg to Mumbai.

Zot vwar ki sa marse bokou Sid Afriken ouswa Endyen ki servi sa larout akoz i annan ki zis transit Sesel.
So, Air Seychelles i kapab kekfwa pe benefisye li, me selman endirekteman it’s not Sesel ki pe benefisye.

Akoz i annan sa bann touris ki sorti Joburg, i transit Mahe, apre i al direk Mumbai.

Me en kestyon, nou konnen ozordi South African Airways ti dan problenm, me si pg.
90 Verbatim Report NAS Sitting Tuesday 02nd February 2021 demen South African Airways kekfwa son Gouvernen i deside pou eject plis capital ouswa demen i vwar en partner pou pran striktir sa Airline, si demen Joburg i annan en flight direk from Joburg to Mumbai, ki lenpak sa i arive lo sa flight ki ti pe vin Sesel ki sorti Joburg, Mahe i al Mumbai.

So tousala i bann analiz ki nou bezwen fer pou vwar the probability of sa sekter.

So, i en pe bann analiz.


Par egzanp, secondly parey avek nou segment Maurice ki ozordi pe donn nou plis larzan lo sa international segment.

Me selman si i arive ki Air Mauritius i beef up, zot retourn Sesel, ki lenpak sa lo Air Seychelles.

So, i annan bann assumption ki nou bezwen servi letan nou pe fer en pe nou bann analiz.

i arive Lo kote trwazyenm kestyon, vre pour lemoman nou napa sa larzan pou nou kapab inject plis dan Air Seychelles.
Me ki arive, Gouvernman vre i nou’n annan diskisyon avek Trade Development Bank, depi ler senaryo, par egzanp World Bank li in dir nou i pa pou kapab soutenir, akoz li World son Bank assessment, in dir li i pa kapab donn larzan Gouvernman pou ed Air Seychelles baze lo son letan fer in assessment ki in fer, modeling ki lo Air fer, viability in Seychelles.

apre Me sa Me nou pe diskite avek Trade Bank.


Development Tarde Development Bank in dir nou non i pa pou kapab donn larzan Air Seychelles, me i pou bezwen larzan donn li Gouvernman Gouvernman i ava inject dan Air i en Seychelles.

diskisyon ki nou pe ganny kontinyelman, akoz pou TDB kapab anmenn sa lo son Board pou regarde si vre i kapab ganny son capital nou bezwen kapab finaliz tou sa bann negosyasyon between Etihad ek pour bondholders.

lemoman i outstanding.


So TDB pa ankor kapab anmenn sa lo son board.

Me selman letan nou’n larzan regarde, adisyonnel ki nou bezwen invest, inject dan Air Seychelles, nou bezwen forgo additional striktir dan Gouvernman ,ouswa bann progranm, bann proze ki currently dan Bidze medium term.

Mersi.

Me bondholders any vre MR SPEAKER Mersi SS.

Woodcock.

Onorab Wavel HON WAVEL WOODCOCK pg.

91 Verbatim Report NAS Sitting Tuesday 02nd February 2021 gannyen Mersi Mr Speaker.

Bonn apre midi SS avek ou lekip.


SS, dapre bann lenformasyon ki avek Air nou’n Seychelles ouswa avek ou, ok, Etihad in pare pou donn nou en discount 79 poursan ki nou pou pey selman $11.7milyon.

Me bann bondholders zot pe hold out pou 56.4 ou R57.2milyon me ki Gouvernman pe sey negosye sa det pou fer desann pou vin R20milyon.

Me selman i napa okenn garanti ki sa bann bondholders pou aksepte pou desann pou vin $20milyon.
Now, si in the event ki bann bondholders i still ensiste ki Gouvernman i pey sa 56 an montan milyon Dolar, ki opsyon ki Gouvernman i annan?

pa Eski antre dan ladministrasyon, i pa pou save Gouvernman bokou plis larzan ki nou, olye nou bezwen pey tou sa bann gran det ki nou annan.
E SS ou’n osi mansyonn en keksoz vreman enteresan, akoz Air Seychelles zot, zot pe dir ok lo kote bann long haul flight dan lepase nou pa’n profitab, e ou’n eksplik nou klerman ki bann long haul flight pa’n profitab lepase, ki ozordi Air dan Seychelles pe konsantre lo rezyonal.

Me an menm tan nou bezwen demann nou lekor sa kestyon, eski an vi sa pandemik vi an eski COVID-19 ki nou pe fas avek, eski sa bann larout rezyonal pou profitab?

Sid Afrique nou annan sa issue sa nouvo strain.


E sityasyon pandemik, eski sa bann larout i pou open up pou nou?

Eski i pou vreman profitab pou nou?

Eski lezot i annan bann alternativ?

Gouvernman koman bann shareholders, based lo bann analiz ki zot fer, eski pou profitab?

Finalman i annan sa largiman ki’n ganny anmennen pli boner lo Open Sky Polisi ki largiman ki Air Seychelles in anmennen, pou ed zot pou en pe sirmont bann konpetisyon, bann konpetiter ki annan la deor.
Se ki nou bezwen restrikte lakantite bann vol ki bann lakonpannyen airline i fer Sesel.

Eski sa ou krwar i pou fer sans?

E eski i pa pou annan en lenpak ekonomik lo nou pei an term lakantite viziter ki pou antre Sesel, si nou restriktir lakantite bann vol bann lezot airline ki fer Sesel?

Mersi.

lezot MR SPEAKER Mersi Onorab.

Panel, SS.

SS PATRICK PAYET Mersi Mr Chair.

Mersi Onorab.

Onorab premye kestyon, ki opsyon ki nou annan lo kote pg.
92 Verbatim Report NAS Sitting Tuesday 02nd February 2021 e administration.

bondholders?

Si i arive ki i annan sa presyon avek bond holders pou nou pey zot sa total nou $71.5milyon Gouvernman ki nou’n dir zot nou annan zis $20milyon, so, definitivman en opsyon se go Air into Seychelles pou bezwen al go into administration.

Sanmenm sa ki nou, nou pe negosye avek Etihad finaliz lagreman.

Savedir tou sa bann det ki Etihad ozordi i annan, sa i pou onboard by take Gouvernman.
nou pou Savedir Gouvernman pou dir be ok, nou’n negosye, nou’n pran det Etihad.

So, nou pou kapab nou osi negosye dan sa letan nou al dan package sa administrasyon.

lobzektif ki nou pe fer finaliz avek Etihad, apre al lager avek bondholders.

So, Once ki nou out go into administrasyon, nou’n vwar ki the maksimonm ki nou kapab pey liabilities ki egziste i apepre $20milyon.
tou bann So, bondholders pou nou letan nou regard li e diskisyon avek Air Seychelles, pou zot i lavantaz pou zot dan zot aksepte sa $20milyon ozordi, konpare si nou al dan administrasyon, Gouvernman pou annan en say dan sa $20 letan nou’n milyon.

Akoz follow zis $20 milyon, regarde, liquidator i a vini.

Prosedir pou ganny dan ladministrasyon e zis $20 milyon ki pou ganny peye pou bann liabilities ki Air Seychelles e Gouvernman i kapab annan en bigger say akoz in take over.
So, sa i en last huddles ki nou bezwen al ladan si i arive al lo la.

Nou letan nou’n regard bann assessment ki nou’n fer baze, lo en pe bann pei kot Air Seychelles i al ladan, baze lo zot bann market rezyonal, nou’n i annan bokou vwar ki assumption ki nou bezwen servi me en marse mon krwar ki’n ganny afekte se Sid Afrik.

Me en lot marse se, yes India kekfwa ou kapab penetrate the market me selman already zot ti pe fer loss making in the past 2 years.
Me selman en argument ki Air Seychelles i servi avek nou se zot neo ki zot in vini i pli cost i bann So sa effective.

assessment ki Air Seychelles i bezwen fer.

Yes, si par egzanp avek 28poursan adisyonnel capacity ki zot kapab pran, si i arive i annan plis Indian touris ki pou vin Sesel, sa market ki son lenpak i annan dan sa probability.

Me selman enn ki nou’n vwar ki dan problenm se Sid Afrik.

Maurice se en eleman ki pg.

93 Verbatim Report NAS Sitting Tuesday 02nd February 2021 nou’n fer assessment.
I kapab, me selman profi i kapab diminyen.

So lo son totalite baze lo sa viability modeling ki ti ganny fer ki’n pran prenon kont en pe bann assumption menm si ou ti pou annan increase lot fakter.

Sa regional segment pou still run at a loss.

So, tousala sa madanm letan in fer son assessment, sa aviation expert in vwar ki i pa profitab over the medium term.

Trwazyenmman lo Open Sky Polisi, mon krwar kestyon osi mon krwar PS Renaud letan i vini pli boner i kapab reponn en pe lo la.
Me selman en keksoz letan nou regarde, nou bezwen regard keksoz pou pei.

Vre nou bezwen regard en pe nou SOPs.

Me selman nou bezwen pran an kont pei as a whole.

Benefis ki annan pou pei e benefis pou touris ki vin Sesel.

Nou pa kapab get li dan izolasyon.

Letan ou regard par egzanp letan ou ti konman bann marse 2012/2013.

I ti still, menm si i pa ti tro open, 2009 ou ti kapab dir bann letan previously, i ti loss making.

So, Gouvernman in pran tou sa liabilities 2012.


So menm si kekfwa sa Open Sky Policy kekfwa ti en pe pli fermen pandan sa bann letan, nou ti vwar ki Air Seychelles ti still pe fer at a loss, menm si i ti pe subsidies avek par ground handling avek domestik.

Thank you.

MR SPEAKER Wi PS.

Mersi SS.

PS DAMIEN THESEE Mersi Mr Chair.

Lo trwazyenm kestyon, ki nou’n comes across osi, se ki nou bezwen realize ki sa bann lezot airline i deza annan en prodwi pli siperyer ki sa ki pou nou.
E konmela nou annan bann hubs, sa bann gulf carriers i kree bann hubs e zot kapab zot networks basically pou kapab anmenn plis, plizoumwen touris kot nou, ki nou napa sa lavantaz.

servi over totalman So mon krwar sa i en keksoz ki nou bezwen tre konsyan parski even if nou annan Open Skies, still ou bezwen demann permisyon avan sa bann carriers i ogmant lakantite vol ki zot fer isi.

So zot pa e Air Seychelles li annan zis 11 poursan viziter ki kontribye dan tou sa bann viziter ki arive dan en lannen.
E sa i kapab annan petet en lefe en pe advers lo lekonomi ler nou pou perdi sa bann hubs oubyen sa bann landrwa, ki li i kapab servi son lavantaz pou market plis.

E even parey nou konnen avek pg.

94 Verbatim Report NAS Sitting Tuesday 02nd February 2021 serten airline, even if son larout i loss making.

Even if i fer 2 vol par zour pou li petet sa i pe subsidize avek lezot son bann market.

So nou, nou napa okenn lezot market pou subsidize sa larout ki nou pe fer.
Nou pe servi ground handling me selman i pase lo li menm.

Mersi.

MR SPEAKER Mersi.

Onorab Clifford Andre.

HON CLIFFORD ANDRE Mersi Mr Speaker.

Bonn apre midi SS avek ou delegasyon.

SS premye kestyon ki mon ti a kontan demande si sa aviation expert ki ou'n dir la.

In fer sa resers prenon konsiderasyon sa model neo ki Sesel in gannyen an 2019?

Akoz lenformasyon ki mwan mon annan PS i dir poudir ki sa 3 larout ki ou’n dir pa profitable, i lekontrer.

Prenon kont sa nouvo avyon.


Annefe Joburg in fer profi anviron $185mil, Maurice in fer en profi $701mil.

E Tel Aviv in fer $232mil.

So in montre ki sa neo avek sa model i annan sa profitabilite ki Air Seychelles i kapab pas atraver.

Sa i premye kestyon.

So kan, lekel ki'n fer, ki konpannyen ki'n in pran konsiderasyon sa bann fakter.
fer sa, si Dezyenm dokiman ki nou, nou'n gannyen sorti kot Air Seychelles, in montre ki Air en fer in Seychelles kontribisyon dan lekonomi Sesel, dan lekonomi Sesel annually of 93.3million US Dollars.

E sa ti an 2019, ok.

So eski Gouvernman letan i gete, Minister Finans i pa balans sa ki Air Seychelles i fer, i anmennen?

Akoz i annan dan Airport Tax, PIP, VAT, Pension Fund e diferan milyon Dolar sa en.

sa zot eski So letan ou pe pran en get desizyon, bann holistically kontribisyon ki sa Airline?
Sa i nou national pride sa.

Bokou nou, mon pa krwar i annan enn isi anndan.

Menm ou nou menm Mr Speaker ki pa'n deza voyaz lo Air Seychelles.

E mwan mon pou toultan dir ki sa servis ki mon'n gannyen lo Air Seychelles i ekselan.

Kekfwa annandler ler i apoze, letan i pez fren ou santi sa tapaz ki i pe fer, ou dir be kekfwa i annan en pti keksoz pa bon.

Me selman apard sa tou son staff was welcoming ekselan servis.
Alors mon krwar mwan koman en Seselwa mon pou lager ziska mon dernyen gout disan pou mon sey ede, pou fer kontinyen Air Seychelles pg.

95 Verbatim Report NAS Sitting Tuesday 02nd February 2021 anvole.

E mon krwar i kapab fer sa.

Nou bezwen donn li sa loportinite avek sa bann nouvo cuts ki in fer, nouvo airline ki in fer, e i kapab survive.

Mersi.

MR SPEAKER Mersi Onorab.

Wi panel.

SS PATRICK PAYET Mersi Mr Chair.

Mr Chair kekfwa nou a komans lo sa aviation expert.
Aviation expert ti ganny outsource parey mon'n dir pli boner.

Nou ti demann i kapab World Bank lo Air finansman en Seychelles.

E definitivman parey ou konnen ler ou al kot en labank, en labank i bezwen fer sonm due diligence process.

si loan I bezwen regarde par egzanp demen mon annan en biznes mon dir avek sa labank, mon kapab ganny en loan avek ou.

Labank pou dir ou donn mon ou business plan e fer en assessment.
bann E lenformasyon nou'n mansyonnen ozordi i dan sa rapor, e mazorite baze i pa bann lenformasyon 2019.

Me selman avan baze lenformasyon ki ti available at that time.

E tou sa bann lenformasyon in ganny donnen par Air Seychelles.

sa ki tou So sa madanm ti vin isi Sesel e osi i ti pe kontinyen ganny lenformasyon i ti fer en desktop review parey nou apel li.

So Air Seychelles ti soumet tou son lenformasyon avek li online, e Gouvernman ti soumet tou son lenformasyon.
E apre i ti desann Sesel pou diskit en pe bann assessment ki in fer, e si pou kapab allow Air Seychelles kapab fer get en pe zot bann model online ki bann model ki zot fer.

Me en keksoz ki'n fer sorti dan rapor, yes sa madanm in rekonnet ki definitivman neo yes pou annan sa cost element ki pou redwir kou.

Me menm i pou redwir sa kou, li i pa pe war li i pou pli profitab dan sa larout letan i fer son assessment.

So in fer en pe sa bann assessment.


Si i annan en pe sa bann lenformasyon kekfwa Onorab ou'n gannyen sorti kot Air Seychelles, nou ti a kontan ganny sa bann lenformasyon ki nou ti kapab diskit ankor avek Air Seychelles, pou nou vwar en pe sa bann asonpsyon ki zot in servi.

pou Akoz tou nou lenformasyon, menm Air Seychelles in soumet menm 2020.

Zis 2 mwan kekfwa an 2020 ki zot in kapab servi sa avan COVID.

Mon avyon konnen kekfwa 2020 avek sa assumption ki nou pe servi akoz pg.
96 Verbatim Report NAS Sitting Tuesday 02nd February 2021 ti annan COVID, e kekfwa load fakter ti diferan.

Me nou kapab kekfwa ganny en pe lenformasyon avek ou, baze lo bann lenformasyon ki Air Seychelles in soumet pou nou kapab diskit avek zot, pou vwar en pe bann assumptions ki zot in servi.

in through in soumet Me selman nou letan nou regarde bann diferan senaryo.

letan nou dir bann senaryo ki soumet Air Seychelles through the Board of Directors.
Zot the i pa of Directors Board lenformasyon ki nou Minister Finans nou'n baze en pe lo zot lenformasyon ki zot in soumet.

Secondly lo sa holistic definitivman approach letan Gouvernman espesyalman Minister Finans letan i regard keksoz, i regard li dan son evantyalite.

So kekfwa la en pe plis detay lo la.

Definitivman Air Seychelles in dir direkteman zot in kontribye either through Income Tax, VAT Payment, Government Pension, Enterprise, ouswa Airport Taxes almost $9.5million.
So definitivman i annan sa eleman.

Si i arive demen son bout international segment i sorti, eski sa bann travayer ki ozordi pe travay Air Seychelles nou pe assume ki i pa pou travay demen?

en ganny Savedir i pa pou anploye elsewhere ki i pou kontinyen pey income tax ek pension?

So tousala i bann balans ki ler ou pe fer en desizyon ou fer ou bann balanse.

Ou assumption ou dir i kapab arive kekfwa zot saler i redwir.
Ouswa si demen sa travayer demen i anvi al en biznes, kekfwa i pou pey business tax I don’t know.

So bann tousala assumptions ki nou bezwen asize analize, baze lo kekfwa keksoz ki kapab per dir se sa Government Enterprise.

i Selman SEYPEC avek SCAA, letan ou regarde fuel, domestic i pou kontinyen annan sa bout enternasyonal i redwir.

So i bann assessment ki pou ganny fer.

Letan ou regard endirekteman parey Onorab Henrie in demann sa kestyon taler, endirekteman in dir ki i kontribye $83.8milyon.
Eski en assessment ki letan nou pou fer, sa bann touris ki pe vin via Air Seychelles i pa pou vini lo son bann lezot airline?

Si sa touris i lezot airlines, kontinyen vin savedir definitivman nou pa kapab sa endirekteman as en eleman.

Akoz definitivman sa pou kontinyen.

I pour balanse, i pronons pg.

97 Verbatim Report NAS Sitting Tuesday 02nd February 2021 pour annan en net effect.

So tousala i ban assessment ki letan nou diskit avek Air Seychelles nou fer.
Nou vwar nou the cost pou le moman i outweigh reveni ki nou ekspekte gannyen dan lefitir.

Mersi.

MR SPEAKER Wi Mr Tirant.

CEO PEMC GEORGE TIRANT Mersi Mr Chair.

Mon krwar zis pou azoute Onorab.

Bonn apre midi bann Manm.

Wi letan sa madanm sa eksper ti vini, akoz i ti travay tre pros avek nou neo pa ti ankor ariv dan pei, me i ti'n fini fer bann negosyasyon, bann Lagreman.
Me selman i ti pran, akoz i travay definitivman avek ti airbus osi pou ganny bann lenformasyon i ti assess plizyer fakter e menm neo, pou kapab kontribye parey ou war i pou redwir en pe lo fuel cost.

Me selman li osi i ti pe poz kestyon lo desizyon the Board for that type of neo.

Par egzanp sa neo si mon pa tronpe i ariv apepre son flight hours i apepre 5erdtan edmi.

Prezan si prezan ou pe dir nou ou lasirans pou nou pei demen, kot nou bann main market ou pou bezwen stopover avan ou ariv Lerop.
I enn bann kestyon ki i ti pe met devan.

Apre osi en i ti posib osi kestyon ki demande sa lease ki zot ion sinyen.

Son timeframe menm si ou pe benefisye lo fuel, selman ou annan en long timeframe, ki dan market enternasyonal normalman ou siny en pe pli kourt.

Akoz demen God forbid, nou konnen ki sityasyon, me en desizyon pe ganny fer ou pa pou ganny fer, me si i arive, i pou annan ankor en det lo pei pou bann liabilities sa lease pou anmennen.

Sa i bann keksoz ki i enportan.

Mon krwar ou'n byen dir.


Mon krwar i napa personn dan sa lasal, dan Lasanble isi ozordi e bokou nou bann frer ek ser Seselwa ki pa kontan Air i Seychelles.

Tou dimoun kontan war sa avyon, me at the end of the day menm si this is beyond my duties.

Air Seychelles i belong to pep Seselwa e Gouvernman is the owner, majority owner on behalf of the people.
Mon krwar desizyon ki pou devan tou dimoun, se ou annan en enterprise ki malerezman, ok ou kapab dir i pe viv dan en erezman competitive market, ok. ozordi E ou konn byen letan nou dan en competitive market bann ki pli efektiv petet i pou elimin bann ki pli feb. Prezan se ki si pg.

98 Verbatim Report NAS Sitting Tuesday 02nd February 2021 nou anvi kit li, nou pou bezwen bear, Gouvernman pou bezwen trouv sa larzan, sakrifye lezot landrwa.
Akoz ozordi dapre mon bann figures ki nou annan, an 2019 i ti pe anploy 727 travayer.

Lenformasyon E mon krwar osi i en bon kestyon ki si Gouvernman i pran desizyon pou kit li se ki son Board i vin accountable, nou pran bann desizyon i enportan.

ganny donnen letan in ganny demande.

E apre avan nou fer bann gran investment i annan bann proper analysis, ki pou evite ki nou retourn ankor.

Par egzanp letan ou pe dir nou refer restructuring, en pe letan apre ou war nou pran ankor staff.
Nou'n depanse pou compensate bann redundancy apre nou’n repran.

So i bann e keksoz ki mon krwar Gouvernman as shareholder i bezwen plis.

Pa zis anver li me atraver lezot public enterprises.

Annan bann directors bann Board Members ki zwe zot rol e ki osi donn resours son monitoring entity, pou kapab ensure ki bann desizyon ki ganny pran i pa bann desizyon ki pi afekte national budget a lonterm.
E ou a krwar i enportan osi letan ou regard byen letan nou ti pe fer sa rapor enn ki sa eksper ti dir se ki si i ariv e i annan en lepidemi.

E ti an 2019, nou pa ti konnen ki dan en pe mwan apre nou ti pou al fer fas ek en lepidemi ki ti pou afekte nou lekonomi an antye.

E sa mon krwar i enportan note.

MR SPEAKER Mersi Mr Tirant.

Onorab Georges.

HON BERNARD GEORGES Mersi Mr Chair.


Mr Chairman mon krwar i kler ki si ozordi deba sete eski Sesel i devret annan en laliny aeryen, nou ti pou pe dir non, nou pa krwar ki letan i apropriye.

Me se pa sa deba.

Sa pti fiy i ansent li, pa vo lapenn nou regard deryer pou demande akoz nou'n fer li ansent, akoz lekel ki, ou konpran?

I ansent li e ou bezwen dil avek.

Pti baba pou ne byento, en nou bezwen dil avek.

E se la kot nou ete.

E donk mon krwar ki nou devret regard sa keksoz dan sa konteks.
Mwan mon pa pou, mon pa partizan retourn an aryer e regard bann move desizyon ki'n ganny pran.

Akoz in annan en kantite move desizyon ki'n ganny pran.

Mon pa krwar ki nou pou ariv okenn par ler nou regard larzan ki nou'n depanse pg.

99 Verbatim Report NAS Sitting Tuesday 02nd February 2021 depi 2012 ziska ozordi, apard zis pou nou reflesir ki ou'n depans en kantite larzan ki'n kekfwa nou ti ava’n kapab fer en lot keksoz avek.

to Sa in ganny fer, and we it.


Nou live with have problenm ozordi se, ki mannyer nou pou handle sa sityasyon ki nou trouv nou lekor ladan?

E obviously ozordi Air Seychelles bomaten in argiye en pwen basically.

Apard sa bann tou problenm depi 2017, nou'n restriktir lakonpannyen.

Give us another chance e nou ava fer li profitab.

E apre midi la mon, parey nou ti ekspekte, Minister Finans in vin devan nou pou dir tousala i byen.

Me i pa profitab, i pa rantab e nou pa kapab afford.
Se la kot Prezidan avek son Cabinet i trouv zot lekor ozordi, zot bezwen pran en desizyon ki ekstrememan difisil e ki napa en laliny direk.

Mon pa partizan, eskiz mwan pou dir SS Payet ek Mr Thesee, mon pa partizan enn sa bann largiman ki pe trouv tou keksoz ki negativ avek Air Seychelles.

Wi i posib ki lezot laliny aeryen i ava anmenn sa bann touris sa 11poursan, me i posib ki zot pa pou anmennen.

Nou pa kapab dir kategorikman yes or no.


I posib ki tou bann staff Air Air Seychelles si Air Seychelles i fermen, Seychelles International pou fermen pou ganny en lanplwa.

Me i osi posib ki en bon pe zot pa pou ganny en lanplwa.

Air Alor nou pa kapab dir dan en fason kategorik ki si nou ferm Seychelles International, pa pou annan okenn tonbe negativ lo nou pei.

Pou annan.

Mon krwar ki nou bezwen aksepte sa.

E donk lo sa baz prezan nou kapab bouz devan e regarde kisisa vreman ki devan nou.
Mon kontan sa ki Mr Tirant fek dir, ki avek en Board ki ganny byen sipervize.

For goodness sake, eski tou bann Board ganny sipervize?

Eski nou pe ozordi ki nou fek leve bomaten e find out ki bann Board i bezwen travay konsyansyezman e pa pran risk ki pa neseser?
devret pa anmenn Sa ki fodre arive, sa ki fodre arive se annan, si Minis Finans pe ganny demande pou zot larzan Gouvernman e met dan en airline ki pou ganny restriktire, zot bezwen annan enn zot dimoun lo sa Board ki pa pe zis asiz lo en Board pou dir ki i pe asiz lo en Board, me ki pou leve latet 3er bomaten avek en fermal akoz i responsab avek en pg.

100 Verbatim Report NAS Sitting Tuesday 02nd February 2021 gran desizyon.

Mon krwar se sa, you’ve got to own the problem!


E kekfwa danm lepase when the going was good, nou pa ti own the problem.

Nou ti konnen ki si i fer en profi fair and fine, e si i pa fer en profi Gouvernman ava trouv en larzan.

Menm i ava al UAE i ava al rod son finansman kot i ete.

Nou pei in sanze.

E donk mon vin Mr Speaker, Mr Chair lo pwen ki Onorab Gervais Henrie ti fer, i annan, avek Onorab Andre in fer.

I annan serten keksoz ki nou konnen ki Air Seychelles i kontribye dan lekonomi.
I kontribye lanplwa, son anplwaye i pey taks, i pey SCAA en gro sonm larzan 4.3milyon, en ou'n aprann bomaten e li pli gro kontribiter avek SCAA.

Tousala nou konnen se bann keksoz ki pe arive.

Me issue se sa, ozordi Air Seychelles i drwa li $1.7milyon avek Etihad, apre ki zot in aranz zot haircut.

Annou assume akoz mwan, mon ki aksepte bondholders 20milyon.

financially partizan pou Donk i dwa 20milyon.

E si nou ferm international sector nou bezwen rann sa 2 avyon.
E nou'n ganny dir bomaten ki i pou kout nou apepre 10milyon ankor.

ferm Air Donk Gouvernman si i pou Seychelles International demen i pou war li avek en det apepre $50milyon ki i pou bezwen trouve.

Without en Air Seychelles International ki pe amenn okenn reveni.

Si on the other hand i pou kontinyen avek, ou pou still annan 11.7milyon avek Etihad.
still Ou pou annan 20milyon avek bondholders e ou pou annan en sibvansyon ki ou pou bezwen fer avek Air Seychelles to keep it operational, so zot, zot in dir nou zot bezwen 15milyon pou sa 2 lannen ki pe vini, ki pou fer apepre menm sonm.

So si ou pou depans sa larzan in any event, e rezilta enn se ki ou pa pou annan en airline, e rezilta lot se ki ou pou annan selon mwan, selon mwan.

E kekfwa mon bet e ou a eskiz mwan Mr Speaker si mon i annan en keksoz ki mon pa pe war.
Be reste avek sa ki ou annan nou pa pe al rod enn, nou pa pe al rod en airline la nou.

Nou pe rod sov enn ki nou annan ki pou kout nou menm kantite larzan ki si nou pou ferm, sa ki nou annan, for me it’s a no brainer.

Mon ti a kontan donk met sa devan panel e regarde kote mon'n al mal dan mon pg.

101 Verbatim Report NAS Sitting Tuesday 02nd February 2021 konklizyon.

Akoz mon krwar ki avek sa ki Mr Tirant in dir, avek en lenzeksyon ki nou pou bezwen fer in any event.
E avek bann posibilite ki HM in met devan nou bomaten, i annan en posibilite reel ki Gouvernman pou son depans ki i pou al fer.

Mon konpran ki i napa larzan lo bezwen fer sir kote nou met nou larzan.

Me i annan en posibilite reel ki nou kapab end up san bezwen down close international pou menm pri ki i pou kout nou si nou fer li.

Eski i annan okenn lespwar ki Air Seychelles i ava kapab kontribye pou re-pey sa lo en peryod letan?

Mersi.

MR SPEAKER Mersi Onorab.

SS Payet.


SS PATRICK PAYET Thank you Mr Chair.

E mersi Onorab.

Onorab mon krwar en keksoz ki devan nou ozordi i pa zis Gouvernman Sesel.

Me selman Gouvernman mondyal, i sa lensertitid ki egziste dan lemonn ozordi.

for zot.

avek dakor Si international ti pou kout nou en sonm 6milyon a toulezan 10milyon the foreseeable future.

La mon ti ava I konpletman ensoutenab e nou pa kapab kontinyelman depans larzan.
E la nou ti a bezwen fer en balans ant sa ki Air Seychelles i anmennen ek sa ki nou kout Air Seychelles e gete lekel ki si enn i balans lot or not.

Me as it is ozordi, koriz mwan si mon'n fer en fot, e pandan ki ou pe fer sa SS Payet kekfwa eksplik nou en pti pe si sa $30milyon line of credit ki TBA, TDB par egzanp, TDB ti'n propoze pou ed nou pey sa det?

Eski sa i still available?

And if so, ki mannyer nou pou re-pey Ki mannyer Gouvernman pou re-pey sa?

sa?
sa?

Vre letan nou, nou pe fer nou bann assessment, nou met bokou bann asonpsyon en pe pou nou vwar ki mannyer bann forecast for the next three to five years i ete.

I kapab arive ki baze lo sa forecast par egzanp ki nou'n fer sa lannen ki i dir nou pe ekspekte 115mil viziter pou sa lannen 2021.

Nou kapab arive pou ganny 200mil viziter ouswa i kapab arive worst case scenario nou ganny zis 60mil viziter, baze lo sirkonstans ki tou ban pei pei mondyal, mondyal pe fer fas avek.
i bann lensertitid ki devan nou ki bann unknown ki nou kapab apel li.

anler ki nou pa ankor konn the worse scenario ouswa the best scenario.

Par egzanp letan nou ti diskit avek Air Seychelles yer, bokou So pg.

102 Verbatim Report NAS Sitting Tuesday 02nd February 2021 zot ti pe dir nou ki the worst scenario, i kapab arive ki zot bezwen $19milyon konpare avek sa $15milyon.

I kapab en pe plis.
I kapab en pe plis.

apepre I kapab arive vre en asonpsyon dan analiz ki nou pe fer, dan lemonn touris i kapab arive vre ou annan ou en more lannen, intake of touris sa because tou dimoun in anvi sorti dan lemonn antye akoz zot in dan lockdown.

Me selman ariv 2022, 2023 because of the purchasing power ki bann endividi i annan dan lemonn, ki kekfwa bokou zot ion perdi zot louvraz, ki zot pou napa sa likidite pou zot travel parey zot ti ete avan.
So tousala i bann assumption ki vre, i kapab en big shoot up en sel kou sa lannen.

Apre 2022 i redwir akoz likidite ki endividi ki pou annan dan lemonn pou zot kapab travel.

Akoz as en endividi ou pou regard ou bann basic necessity, kwa ki ou annan pou depanse akoz travel i en luxury.

So i en desizyon ki bann endividi pou pran.

E nou, nou bezwen revwar en pe bann endikater kwa ki pe dir nou e bokou unknown i ladan.
Me selman letan nou, nou assess bokou bann unknown, nou vwar vre i kapab arive ki in the next 2 years, Air Seychelles i ok, i pa pou bezwen larzan ek Gouvernman.

Be i kapab arive sa kantite larzan ki nou'n prozekte i bezwen plis.

E nou, nou regarde kwa ki nou annan e kwa ki ou kapab le tire dan ou Bidze pou moman.

Kwa ki ou kapab donn Air Seychelles.

So tousala i bann desizyon ki Gouvernman i kapab balanse.

Si vre demen i deside yes Air Seychelles annou inject ankor pou 2an regarde ki sityasyon i ete.
Me selman kote sa larzan i vini sa lannen?

Vre ou kapab al negosye avek TDB pou ganny larzan.

Me selman i bezwen annan en eleman dan ou Bidze, en expenditure ki ou bezwen retire pou ou kapab ed Air Seychelles.

i as tousala ki bann So assessment en Gouvernman nou bezwen fer.

E at the end of the day pran en desizyon pou benefis Sesel.

Not just, nou pa promet ozordi ouswa demen, me selman medium term baze lo lensertitid ki egziste.
Lo kote TDB zot pa ankor kapab donn nou en endikasyon zot bann terms, akoz zot pa ankor kapab soumet sa devan zot Komite.

Pou le moman zot in ganny dokiman sorti kot Etihad, the Lagreman ki Etihad in sinyen, nou'n soumet avek zot.

pg.

103 Verbatim Report NAS Sitting Tuesday 02nd February 2021 en lendikasyon Be selman si zot pa ankor ganny si bondholders pou aksepte, so zot pa ankor kapab soumet en whole package, akoz kekfwa mon kapab konpran zot koman en labank.
Zot bezwen tir son totalite ki lenpak sa i pou annan demen letan zot pe demann en loan avek, letan Gouvernman pe demann zot en loan.

So hopefully letan nou'n analiz kekfwa negosyasyon, kekfwa nou'n preski finalize, zot en nou kapab donn lendikasyon the bondholders pe aksepte lala bann dokiman.

Prezan zot kapab soumet ek lo Board e definitivman nou, nou pou bon bezwen package.
negosye vre, en Me selman i still available me selman tou le 2 semenn nou bezwen kapab advice zot, kote negosyasyon i ete, ki pe arive avek Air Seychelles.

So i bann lendikasyon ki nou donn zot every 2 weeks.

Mersi Mr Chair.

MR SPEAKER Mersi.

Onorab Pillay.

HON SEBASTIEN PILLAY Mersi Mr Speaker.

Mr Speaker depi bomaten nou pe fer en dyalog vreman enteresan.

E parfwa lenformasyon i vin en pri pe conflicting from bann diferan sours, e i enportan ki nou met en lord e etablir egzakteman kot nou pe ale.
Mwan mon konsern primordyal i pour tou sa bann travayer, ki si nou pran en desizyon dan en fason, lefe ki Gouvernman pe retir URS.

E Gouvernman pe retir FA4JR Gouvernman pe ozordi demann avek graduates pou al dan bann areas parey teaching pou zot ganny en lapey R16mil ki nou konnen i pa straight forward.

I pa zis R16mil.Ki nou pou fer ek sa bann dimoun ankor ki perdi zot lanplwa ler sa i arive?

Sa i mon konsern primordyal mwan.


Prezan mon pran bann lenformasyon ki mwan mon annan, pou mwan sey ganny en konpran.

Dan Bidze ki devan (ou pou war Onorab nou, Henrie mon pe al dir ou kot mon'n ou Gouvernman ki'n donn mwan me i pa'n donn ou, gannyen la) Dan Bidze ki devan nou R133milyon, R330 in ganny bidzete pou Air Seychelles.

And then Prezidan in fer en ladres dan Lasanble Bidze in vini.

E mon pa oule preempt deba, me i paret poudir nou pou aprouv sa Bidze ek sa larzan ki ladan.
Which means ki sa larzan pou al pour Air Seychelles.

pg.

104 Verbatim Report NAS Sitting Tuesday 02nd February 2021 So mon kestyon pou ou san ki mon preempt deba.

Eski sa larzan pe al ver zisteman siport sa restriktirasyon ki management Air Seychelles in prezant nou, ki ava fer ki okenn bann travayer ki travay dan sa sekter seksyon spesifik, spesifik, pa pe perdi zot lanplwa la pou 2021, akoz mon war ou’n forecast 2022, 262milyon.

Me mon pa pe koz 2022 nou pou koz la.


So eski sa pou al ver siport sa lakonpannyen sa lannen?

Eski i annan sa siport sa lannen?

Si sa i leka alors, then parey Mr Tirant ki en gran zanmi depi lanfans in dir, i ava annan monitoring lo Board e la Air Seychelles i ava stick to the game plan ki in prepare.

So PS e SS, i annan en kantite travayer Air Seychelles la ki pe anvoy mesaz pou mwan, pe anvoy mesaz pou bann manm lo lot kote.
Menm serten zot pa oule dil ek sa bann mesaz byen, oubyen demann sa bann kestyon, me lo zot par mon ava demann sa bann kestyon.

Annou fer tou pou nou protez lanplwa, sa lanplwa sa bann travayer e reasir nou ki Gouvernman i pa'n pran en desizyon.

E ki relman i annan en salve sityasyon.

loportinite pou E parey Onorab Georges trouv en in dir pou nou solisyon, going forward la ki nou pe apros en ler oubyen en moman ki nou pou al pran en desizyon byento.

Mersi Mr Speaker.

MR SPEAKER Mersi Onorab.

SS Payet.


pou SS PATRICK PAYET Mersi Mr Chair.

Mr Chair parey Onorab in dir dan Bidze ki'n ganny soumet e pibliye.

I annan R133.3milyon Air Seychelles.

E sa ki dan Bidze, dan Budget Book ozordi, ladan i annan en sonm ki parey zot konnen in the past 5 years ki ki annan Gouvernman ti take onboard liability, almost $1.1milyon, ki ti annan liability Ki nou ti bezwen peye toulezan.

lagreman en E sa in forecast sa eleman.

Apre secondly zot saler pou bann travayer.


Par egzanp pou mwan Zanvye Air Seychelles payroll ki zot in soumet kot Gouvernman, ki en total apepre 716 staff, i pou en total R14.4 milyon.

E Gouvernman in pey R11.7milyon akoz i annan sa capping, 30mil.

E Air Seychelles li i find sa solisyon, sa diferans.

So i annan sa eleman ki nou'n peye pou mwan Zanvye.

Me however i annan diskisyon par egzanp yer letan nou'n diskite pg.
105 Verbatim Report NAS Sitting Tuesday 02nd February 2021 avek the Board, diferan senaryo ki zot pe travay lo la pou soumet avek nou pou nou vwar lenpak.

Si i arive ki Gouvernman i pran en desizyon, ki kantite travayer ki zot bezwen layoff e kote sa bann travayer dan ki seksyon i sorti?

E menm par egzanp en keksoz ki zot in met en konsern devan nou ozordi, yesterday letan nou ti pe diskite, se, letan zot in regard baze lo lekonomi ki mannyer pe recover, i pa zis enternasyonal ki pe ganny afekte la.
I annan domestik avek ground handling, akoz parey avan sa kantite airline ki pe vini.

lenpak baze Sa i en diskisyon ki nou ti pe diskite avek zot ki at least zot fer en total assessment pou regard ki lo endikater ekonomi e osi the number of passengers ki pe vin Sesel, sa bann airline ki pe vin Sesel, ki lenpak i ete the whole network.

I pa zis kekfwa international ki pou ganny lo prozeksyon afekte, baze nou'n vwar ki definitivman zot lekonomi dan domestic avek ground handling in redwir.
Me however zis pou direkteman reponn ou kestyon, i annan 2 eleman dan Bidze, saler avek sa Lagreman ki nou'n sinyen.

Mersi.

MR SPEAKER Vitman silvouple.

HON SEBASTIEN PILLAY Ok, mersi bokou Mr Speaker.

So mon oule zis konfirmen avek SS ki sa prezantasyon ki nou, nou'n gannyen.

E progranm restriktirasyon ki Board in koz lo la, Minister Finans in osi sitting lo sa bann miting e zot in ganny appraise sa sityasyon dan laliny ki Onorab Georges ti pe anmennen taler?

Zis pou konfirm sa.

MR SPEAKER SS.


SS PATRICK PAYET Non, Mr Chair kekfwa i annan 2.

Mon konnen bomaten kekfwa Minister Finans nou'n vreman dan miting kekfwa nou pa'n ekout deba as a whole.

Nou ti pou dan miting pou preparasyon Mardi.

Bidze diskour Me selman n eleman ki nou ti diskite yesterday avek tourism, Lavyasyon between Department, Minister Finans avek Air Seychelles.

Nou ti pe diskit avek zot baze lo edikater ki nou pe gannyen avek, dan en European market.
Si par egzanp European market, sityasyon ki mannyer i pg.

106 Verbatim Report NAS Sitting Tuesday 02nd February 2021 ete Lerop still the, dan bann touris i still redwir baze lo lockdown ki pe arive.

Ki mannyer zot kapab beef up the original network ki ava anmenn touris isi in the next six months, pandan sa 6 mwan?

Kekfwa avek endikater, kekfwa European Market pour vin plis dan second half of the year, so pandan sa 3 mwan ki nou fer, pandan sa 6 mwan.
E i en assessment ki Air Seychelles ti pe al fer par egzanp Tel Aviv pou regarde par egzanp.

Si zot pou fly zot pou price zot product kekfwa at en level si zot pou kapab atrakte sa avek market vaksinasyon ki pe arive Sesel, e osi Tel Aviv.

So sa i diskisyon ki nou ti gannyen avek zot.

baze lo fer Me however diskisyon lo kote medium term, lo kote son profitabilite, nou'n dir avek Air Seychelles son pou assessment e nou ekspekte in the next 2 weeks kekfwa.
Baze, akoz nou nou'n donn li en tel endikater fason nou micro framework ki kantite touris ki nou'n mete ki nou ekspekte in the next 5 years.

So li i pou bezwen re vin avek nou baze lo son bann i pou servi, assumption ki son konbyen international segment, kote son profitabilite pou ete.

So sa i bann travay ki zot bezwen al fer retourn back.

Selman en desizyon pa ti'n ganny fer yesterday dan sa diskisyon.

Mersi.

MR SPEAKER Mersi SS.


Nou pou prolonz sa entervansyon ankor 15minit, vi ki sa i en size telman kritik.

Me selman mon bezwen fer kler ki nou pa pou arive tou dimoun ki lo mon lalis.

pou Bon mon pou pran ankor enn de e mon pe esey reste dan lord ki zot in lev zot lanmen.

Mon a demann Onorab Aglae, e apre mon a demann Onorab Richard Labrosse pou met li pare pou ler i fini avek sa.

Onorab Aglae.

HON EGBERT AGLAE Mersi Mr Speaker.

Mon krwar nou'n, bokou in ganny dir bomaten.


E mon pe ekout Finans osi dan sa bann senaryo ki zot on prezante.

Mwan mon annan en senp kestyon ki mon a kontan premyerman ti demann Minister Finans li menm li, an vi, delegasyon Finans.

An vi ki mon war poudir zot in preske fini kondann Air Seychelles finansyerman zot, ok?

Dizon Air Seychelles li menm parey dan lepase in annan bann Lakonpannyen Paraetatik, parey SEYPEC kot pg.
107 Verbatim Report NAS Sitting Tuesday 02nd February 2021 zot in bezwen antre pou ede pour tir, pou met zot alaflot.

Si Air Seychelles ti enn nou pilye kot nou pa ti pe kapab ekonomikman viv san li, ki ou koman Departman Finans zot ti pou sey fer pou sey sov Air i enn.

E Seychelles?

Sa bomaten Air Seychelles in prezant bann senaryo ok, bann figures, bann data.

E bokou bann data ki'n montre nou poudir zot ti pe fer konparezon lo sa vye model avyon, lo sa non-economic ki zot ti pe ganny servi.
E ki disi la 2an pase ki zot ti ganny bann nouvo fer loperasyon, zot ti pe montre bann siny parey lo kote maintenance pe desann, kou loperasyon in desann.

avyon, pou E zot ti pe antre lo bann larout profitab.

Alors akoz zot pa pou donn li en peryod letan la pou dir be ok zot in prezant bann senaryo ziska mon krwar 2024 ziska 2025 pos-COVID.

Espere ki keksoz i a vin byen.

Akoz, zot pa pou donn li sa letan osi poudir be vwala nou pou donn ou ankor 3 an sepa 4an, avek sa nouvo rezim ki zot pe vin avek.
Sa restructuring ki zot pe vin avek.

Nou pe war poudir nouvo laliny parey Tel Aviv zot ti antre pe vin profitab, zot pe menm mazin al Maldiv, Maurice pe fer byen.

E petet kennsel Mumbai ki pa ti pe fer byen avek nouvo avyon.

Akoz zot pa sey donn li sa letan pou li kapab petet vini, vwar, prouv son lekor, Board fer son travay parey in ganny dir, e la nou ava dir si pa marse by 2025, la nou ava dir be ok mon krwar nou’n donn ou ase letan la nou bezwen ferm ou?
Mon ti kontan en pti pe zot lopinyon lo sa 2 kestyon.

Mersi.

MR SPEAKER Mersi Onorab.

SS, or PS yes.

PS DAMIEN THESEE Mersi Mr Chair.

Mr Chair mon krwar i fer katriyenm fwa nou fer sa konversasyon avek Air Seychelles lo issue soustenabilite.

I annan 2012 kot i ti collapse, ler i ti bezwen write-off sa det ki i ti dwa.

An plan 2017 restructuring e la 2021 avek challenge COVID-19.

avek son son So nou pou touzour la, si nou pou kontinyen annan sa santiman petet esey sov Air Seychelles.
San ki nou pe pran kont en pe pli serye, dilenm finansyel ki pei i ladan, e ki opportunity cost ki nou pe les ale ler nou pe kontinyelman donn larzan Air Seychelles.

Onorab Government Business in dir ou bezwen own the problem, e akoz pa nou pa pg.

108 Verbatim Report NAS Sitting Tuesday 02nd February 2021 donn Air Seychelles sa larzan e kontinyen, dan plas zis donn li i fermen.

Ler nou pe donn li larzan, nou bezwen napa swa an vi ki pei son souvrennte nou dwa en lakonpannyen.
Nou bezwen antere pou sov lentegrite.

nou bezwen peye sa det lo son par, nou napa swa.

dimoun, en Me selman apre ler nou pou fini pey sa det, eski nou pou kontinyelman mon kapab dir bril larzan, kot nou pou kontinyen donn li larzan pou li kapab soutenir son lekor.

Kot kantmenm ou pou donn li, i pa pou fer sa profi ki nou pe dir 2025.

I pou fer senkyenm fwa.

Si nou bann sikseser le 25 i vin la, i ava gete si i pou demann ankor en larzan, oubyen si vre i pou'n soutenir sa.
Akoz ki nou kapab realize, se ki tou sa bann larzan ki Air Seychelles in demande, nou bezwen fer sakrifis lo Bidze.

Nou ava apel en letan nou ti annan strike ek ners pou zot Scheme.

Petet si nou kontinyen donn larzan Air Seychelles, nou ti kapab donn sa bann ners en R15milyon an plis Minister Lasante, pou finans Scheme Ners ki petet ozordi ners ti ava pli satisfe.

So nou bezwen struggle pou contain sa bann spendings essentially, pou nou kapab finans Air Seychelles.
So nou in mind pou bezwen bear ekonomikman ek finansyerman.

I kler ki bann lezot airline i kapab antre e bous sa trou ki Air Seychelles pou koze, akoz i pa pou ale kot nou main market.

Air Seychelles pe kouver plis Seselwa ki al Maurice e plis endyen e Sid Afrik ki servi li pou transit from Sid Afrik, Sesel pou al dan L’Inde.

So nou napa vreman en market ek Morisyen ki vin Sesel.

Son lenpak i parkont ki nou konsyan sanmenm sa ki'n en dilenm pou Gouvernman.
in Akoz Gouvernman touzour konnen sa problenm zot, i pa en keksoz nouvo.

Son lenpak sosyal, son lenpak kot nou pou perdi louvraz.

Nou pou bezwen fer tranzisyon kote nou pou met sa bann dimoun.

E petet si nou bezwen retrain zot.

Akoz i pa pou zis dir zot al rod en lot louvraz, i annan bokou zot ou pou bezwen retrain.

So son social impact i for ki sanmenm sa ki mon krwar desizyon i pe rely lo la.

Me solman the bottom line, nou napa sa larzan pou nou kapab kontinyelman donnen.
Me selman si desizyon in pran, then konnen pou bezwen annan bann gro, gro sakrifis lo Central Government e deza lo pg.

109 Verbatim Report NAS Sitting Tuesday 02nd February 2021 Bidze ler nou pou vini nou pou anonse, par egzanp en serten kad kot en peryod letan personn pa pou al ganny okenn logmantasyon saler.

Savedir nou pou bezwen fer li pli pir prezan, kot si nou pare pou tenir Air Seychelles, son laliny enternasyonal, then nou tou nou pou bezwen pey pou sa.

Mersi.

MR SPEAKER Mersi.

Onorab Labrosse.


HON RICHARD LABROSSE Bonn apre midi Mr Speaker.

Bonn apre midi tou dimoun ki a lekout.

Minis, I mean Finans ozordi nou pe koz lo lavenir Air Seychelles.

Me selman mon ti a kontan osi fer resorti ki i annan menm bann staff ki laba ozordi ki annan bann serten dout, bann serten kestyon ki napa larepons parey zot pe dir.

Par egzanp la mon’n vwar dan Bidze 2021 ki’n kouver lamazorite lapey travayer pou sa lannen.
Me selman bann ki'n kekfwa ki annan en pti pe plis letan servis laba, zot pe demann en pe kestyon lo zot tann servis ki pou arive.

Kekfwa la ou ti a kapab donn en pe lenformasyon kot zot ti ava tande.

in Apre osi bomaten annan serten keksoz ki'n fer sorti, sa mon ti a kontan SS Payet ti ava kapab reponn sa, akoz mon konnen i en pti pe sharp lo bann zafer regilater.

Nou ti pe koz lo SCAA pou vin ed Air Seychelles.

Nou tou nou konnen ki SCAA i en regilater anba Lalwa son prop Act.
So ki ou advice lo sa laliny?

Eski ou krwar ki sa i en bon nide pou Gouvernman ankouraz zot?

Mon ti a kontan tann ou pwennvi lo la.

ladan.

angaze E apre osi i annan bokou dimoun deor pe koz lo sa bond ki Etihad ek Air Seychelles zot E in lenformasyon kekfwa si zot ti annan ti ava bon pou Lepep Seselwa konnen lekel sa bann dimoun ki'n involve dan sa bann bond, lekel zot?

E sirtou konmela nou konnen ki nou koz for Sesel lo KYC, mon krwar sa osi ti ava enportan pou dimoun konnen.
osi zot E apre en lot keksoz osi ki mon ti a kontan vi ki zot ti lo koman Board reprezantan Minister Finans.

E en keksoz ki bokou dimoun in demann kestyon lo la, i sa Lagreman Air Seychelles avek Etihad.

Me selman ki bokou dimoun ti pe vwar se ki Etihad ti an konpetisyon avek Air Seychelles.

Sa nou ti vwar ti vin toulezour, si Etihad pg.

110 Verbatim Report NAS Sitting Tuesday 02nd February 2021 bomaten, Air Seychelles ti vin apre midi.
Me sa ki sagrinan avek sa konpetisyon, Etihad ti vin ek en avyon byen plen e Air Seychelles laplipar di tan nou ti travayer vwar Gouvernman sa letan, ki ti pe aste servi Air Seychelles.

tiket pou bann for So la kekfwa ou ti kapab donn nou en pe plis, zot, ki desizyon zot ti pran la ler zot ti lo Board eksetera?

E apre lot kestyon osi ki sa enn … MR SPEAKER … Onorab mersi, mon krwar ou'n ase kestyon.

HON RICHARD LABROSSE Mr Speaker dernyen sa enn silvouple.

Dernyen sa enn please.


Mr Speaker sa mon bezwen demande akoz bann travayer menm dan mon distrik in met devan mwan.

Ankor mon pou adres bann reprezantan Minis Finans ankor, lo ki zot bann ground, ki bann desizyon ki zot pran ler zot lo Board konsernan redundancy ki nou'n vwar sa in vin parey en yoyo parey nou'n dir.

ti Kot en ler redundancy apre souvandfwa letan eleksyon pres pou vini ou war zot re advertise ankor bann gro, gro post.

So kekfwa nou ti ganny en pe plis lenformasyon.

Mersi Mr Speaker.
Mersi Mr Speaker.

MR SPEAKER Mersi Onorab.

Wi panel.

SS Payet, wi.

SS PATRICK PAYET Mr Chair mersi.

Mersi Onorab.

Wi Mr Chair mon konnen nou tou lede nou de PS Thesee lo Board Air nou'n deza Seychelles.

E mon konnen mwan mon ti lo Board 2008/ 2009 mon pa ti fer bokou letan.

En desizyon ti ganny pran pou nou sorti.

PS ti lo Board apre mwan, e i ti ganny tire lo Board zis apre ki letan zot ti pe pran desizyon pou met Etihad.

So it was just en short time frame ki nou ti ganny mete lo Board.
Me selman pandan sa bann lannen 2012 an montan nou pa'n antre, nou pa ti lo Board Air Seychelles.

Lo kote premye kestyon dan Bidze ki nou'n mete nou se saler.

Akoz desizyon pa ankor ganny pran ki nou pou fer avek sa international segment.

Me se pandan nou fer assessment si i arive par egzanp i annan redundancy.

bezwen Konbyen pou koute, si i demen annan, Gouvernman i deside i annan sa international segment pou petet si pg.
111 Verbatim Report NAS Sitting Tuesday 02nd February 2021 fermen, ki pou arive, ki kantite konpansasyon bann eleman tousala i bezwen cost.

E apre nou bezwen regarde ki mannyer nou pou finance tou sa bann cost.

So sa i en second phase of the exercise.

Letan nou konplet, sa i en third phase, letan nou i en konplet premye siny lagreman avek Etihad.
lo baze Dezyenm finaliz bann bondholders apre la nou ava regard, bann assessment ki nou pe fer avek Air Seychelles pran en desizyon, lo ki bann additional cost si Air Seychelles ek additional segment i reste.

Konbyen Gouvernman i bezwen inject ankor dan Bidze.

Lekel bann lezot eleman ki bezwen sorti pou kapab meet Air Seychelles.

Si desizyon i ganny pran ki gouvernman pa pou soutenir Air Seychelles, si i arive i annan redundancy konbyen sa pou koute.
E tousala i bezwen cost li properly once ki sa 2 senaryo i ganny fer assessment.

kapab Secondly to in regards SCAA.

SCAA osi baze lo endikater touris ki pe antre, kantite vol ki pe antre, definitivman son rezerv ki i ti annan pe ganny depleted.

Mazorite bann SOEs ki dil avek pou sa lannen ki parey zot pou vwar, baze lo assessment ki zot in soumet zot Bidze.

Mazorite zot pou dan en loss, sa lannen.

Eksepte kekfwa ou pou ganny SEYPEC financial service authority, enn de zot SFA.
Me selman mazorite bann lezot SOEs bann big one zot pou rent a loss this year baze lo kantite endikater ki nou'n forecast for tourism arrival.

So definitivman SCAA pa pou kapab kekfwa subsidize Air Seychelles baze lo other current rezerv ki pe ganny depleted.

Mon konnen dan negosyasyon letan SCAA lannen pase, during dan COVID letan, i ti ofer detrwa discount son bann dimoun ki ti pe servi en pe son bann services.

Par egzanp mon konnen bann dimoun ki ti pe rent, i ti don detrwa discount.
Me nou konnen par egzanp, en keksoz ki ou ti kapab fer, se during the restructuring plan ki nou ti annan pou lannen 2017, nou ti lagreman of kapab between avek Air Seychelles.

finaliz SCAA the Akoz avan ti napa en Lagreman ki ti egziste ki pou fer ki handling ground operation, i bezwen annan bann target.

Akoz si par egzanp ou pe operate.

Me selman ou napa bann performance target.

pg.


112 Verbatim Report NAS Sitting Tuesday 02nd February 2021 ki lendikasyon E tousala nou'n fer sir ki dan Lagreman at least in annan en bann performans oriented ki egziste.

E sa nou'n kapab fer ki at the end of the day ou bann kliyan, i pa zis Air Seychelles pe donn servis bann lezot airline, ki bann lezot airline osi i satisfe avek sa servis ki ground handling pe donnen.

So sa nou'n kapab finalize 2019.


Ou'n koz lo kote bond KYC, nou pa konnen lekel sa bondholders.

Me selman en keksoz ki nou konnen se la mazorite zot potansyelman i kapab bann UAE residents.

Sa i endikater ki nou'n gannyen, me selman nou pa konn an detay lekel ki own.

Akoz parey mon'n mansyonnen previously, i ti en total bond of $1.2billion.

E Air Seychelles li i ti ganny zis sa $71.5milyon.

An total ti 1.2, e i ti al pou bann lezot airline ki enkli Etihad, apre pou Air Seychelles ti zis sa eleman.
So kekfwa i pou en pe difisil, me selman nou ava sey regarde letan nou pe diskite.

Akoz parey mon konnen i annan 3 endividi ki pe dapre zot, zot sipoze pe reprezant dan dan bondholders negosyasyon Air Seychelles.

ki avek Me selman totalite nou pa konnen lekel bann lezot.

E ki kantite poursantaz sa bann endividi ki dan negosyasyon, total zot overall dan portfolyo.

napa lenformasyon, be en diskisyon nou kapab kontinyen avek Air Seychelles pou rod en pe.
nou zot Sa Mon pa konnen kekfwa mon mank en pe bann kestyon, ti sitan bokou.

Mon pa konnen si mon'n mank ankor en pe.

MR SPEAKER Mersi.

SCAA?

SS PATRICK PAYET SCAA?

Lo kote SCAA parey mon'n mansyonnen regulator i pou en pe difisil avek zot cash flow issue ki zot annan zot osi.

Non, par egzanp si ou pe regard kekfwa lo parey sa eleman ki nou'n diskite Open Sky Policy.

Sa i lo kote kekfwa desizyon at the Policy level i bann reveni ki kekfwa letan ou regard li dan son totalite.
Be selman letan ou regard zis direkteman avek SCAA, ki mannyer SCAA i kapab ed Air Seychelles.

Parey mon'n dir i dan sa eleman ki nou'n siny sa Lagreman between SCAA, at least i fer sir ki the ground handling services, i pour Air Seychelles ki Air Seychelles i ofer.

pg.

113 Verbatim Report NAS Sitting Tuesday 02nd February 2021 Me tandis kekfwa napa bann lezot eleman ki kekfwa anyway, nou a demann Air ki Seychelles endirekteman ki zot ti pe mansyonnen.
Ki kekfwa PS Renaud i kapab kekfwa diskite, revwar si SCAA i kapab assist adisyonnel.

kwa Sa i bann diskisyon ki nou kapab avek Air Seychelles dan next meeting ki nou annan avek zot.

Mersi.

gannyen MR SPEAKER Mersi SS.

Mon vreman regrete bann Manm ki pa'n ganny sans entervenir, poz zot kestyon oubyen fer zot komanter.

Me nou annan en lot delegasyon pe atann nou, e nou bezwen donn zot en pe latansyon.
Alor mon a dir zot mersi bokou, e mersi bokou panel, SS Payet, PS Thesee e Mr Tirant pou zot partisipasyon avek nou.

E mon a swet zot bonn rantre.

Mon konnen zot annan en kantite pou kontinyen avek lo Bidze.

Alor nou a repran 4.30.

Mersi.

travay osi (BREAK) MINISTRY TRANSPORT MR SPEAKER OF Nou annan Bonn apre midi nou nouvo panel.

en delegasyon sorti Minister Transpor, spesifikman Minister Civil Aviation Ports and Marine.
E avek nou annan Mr Alan Renaud, son Sekreter Prensipal e osi madanm Magallie Essack, Direkter Polisi.

Byenveni e mersi pou zwenn nou sa apre midi.

Mon ava envit panel pou fer okenn oubyen statement prezantasyon, ki zot ti ava kontan demar avek.

Mr Renaud ou ava komanse.

PS ALAN RENAUD the Mr Speaker, Leader of Government Business, Leader of the Opposition.

Honorable Members, members of the public watching us today, thank you.
My colleagues and I are today representing the Ministry of Transport and we are the parent ministry Air Seychelles.

And we are here to talk about our plans for Air Seychelles and our support for our national airline, the wonder that is Air Seychelles.

of As Mr Speaker mentioned, we will begin first with my colleague, The Director of Policy and Strategy who have an following opening statement, which I will do a presentation talking about the 2021. pg.
114 Verbatim Report NAS Sitting Tuesday 02nd February 2021 (Interruption) MR SPEAKER Mr Renaud, ah sorry I am not hearing you well, can you speak closer to the micro, and straight into it, because of the mask.

You have to make a little bit more of a voice effort.

PS ALAN RENAUD Ok, Is this better?

Uhm I could but I think your public maybe more confused, if i do it in Creole in English.
versus saying Unfortunately, I’m one of those people that find it difficult to left languages and learn Seychelles when I was three years old.

it I I’ve always loved my country and my parents taught us to speak English at home they’re afraid, we because wouldn’t learn English, so they spoke English.

But I’ve always had a never ending love for Seychelles which is why I am back.

I am contributing to our country and I do apologize for being one of these individuals.
MR SPEAKER Thank you, please, please proceed.

PS ALAN RENAUD Ok, and so I will start with a statement from my colleagues Magallie, the position of our ministry.

in Creole on MR SPEAKER Thank you.

Madanm Essack.

MRS MAGALLIE ESSACK Mr Speaker, Leader of the Government Business, Leader of the Opposition.

Manm Onorab e piblik a lekout, bonn apre midi.

Parey PS in fer resorti nou pe reprezant Minister Transport.
E statement ki nou anvi dir ozordi, se ki Air Seychelles pou sa lannen 2021 anba nou Minister, nou rekonnet poudir ki i annan en rol enportan pou li zwe.

i en lakonpannyen Gouvernman, Gouvernman i annan plis stake ladan.

E i en lakonpannyen ki raport direkteman avek nou Minister Transpor i tonm anba nou Departman.
Air Seychelles, demontre, Sa manda ki nou’n donn Air Seychelles pou lannen 2021, se ki Air Seychelles li menm i pou bezwen demontre avek Gouvernman, e espesyalman avek Minister konmkwa i kapab fer en biznes profitab.

i E okenn desizyon ki pou ganny pran lo ki pou arive ek Air Seychelles, i pou reste en pg.

115 Verbatim Report NAS Sitting Tuesday 02nd February 2021 desizyon ki nou Minis pou pran.
Minis pou Transpor, Minis Anthony Derjacques e sa i pou ganny pran par en Cabinet decision, ki pou anmenn devan manm Cabinet pou met lo nou analis ki nou pe fer entern.

E parey nou'n fer resorti i annan sa plan biznes sa business plan, ki nou pe demann Air Seychelles pou vini, pour prezant avek Minister pou nou kapab aprouve e donn li en direktiv, lo kote i pou ale.
Sa model, parey mon’n eksplike oparavan, i bezwen montre poudir ki i pou en loperasyon ki pou vyab, e en loperasyon ki pou soutenab pou li menm as en biznes.

I vre ki lavyasyon pandan sa letan ki nou ete, i pa vreman serten.

It is very uncertain, sityasyon COVID i pa pe, ed li menm koman en laliny aeryen.
Me parkont bann progranm vaksinasyon ki pe ganny met an plas par bann pei e osi par Sesel, nou pe prezimen poudir ki Air Seychelles i pou kapab tap dan bann market parey i ti pe fer dan lepase, sirtou avek Izrael ki'n fer li vreman byen dan mwan Desanm.

Parey Minister Finans in vin devan zot in vin zistifye, Air Seychelles in ganny li en Bidze R133milyon, ki'n ganny mete e sa i vedir ki saler bann staff Air Seychelles pou sa lannen i asire.

Pou sa lannen 2021 provided zot aprouv sa Bidze.


Savedir lo nou kote Minister nou pa pe prevwar poudir ki pou annan okenn staff kekfwa ki pou perdi zot lanplwa direkteman.

Me parkont parey mon’n fer resorti, se performans sa laliny aeryen ki pou annan sa desizyon lo kwa ki pou arive.

i sa E parey zot in tann bokou koze i annan bann negosyasyon avek bann bondholders, bann shareholders en e negosyasyon ki ankor ongoing.

I annan en lekip teknik ki involve, ki enkli Minister Finans.
Nou Minister nou menm, Attorney Zeneral, kot sa bann diskisyon i ankor pe deroule.

Mon anvi fer resorti ankor poudir ki, lo kote Minister nou pa ankor aprouv okenn plan, biznes Air Seychelles.

Okenn sa plan ki kekfwa ki zot pe panse in ganny aprouve, nou pa ankor donn en final aprouvasyon.

I en keksoz ki'n vin devan nou e Minister lo kote Minister i pou asize ansanm avek bann teknisyen.

E Minis, nou Minis pou lead sa.

E pandan lannen apre again letan nou reouver fully apre le 15 Mars, nou pou pg.
116 Verbatim Report NAS Sitting Tuesday 02nd February 2021 ekspekte ki Air Seychelles pou I pou demontre son vyab.

kapasite koman en laliny aeryen.

Me again, mon anvi fer resorti poudir lo kote Minister okenn desizyon final pa ankor ganny pran, e sa i pou ganny pran par nou Minis ki pou anmenn sa devan Cabinet pou en final decision.

Mersi.

MR SPEAKER Mersi.

A se pwen Mr repran Renaud prezantasyon oubyen kwa?

oule PS ALAN RENAUD Thank you, Mr Speaker.


What I will do next is I will talk about how we see aviation growing in 2021, and where Air Seychelles that framework along with the other airline.

fits within the Here is my logic and opening statement, and I will take you the through reasoning and this will provide the Members some assurance about where Air Seychelles business plan is expected to fall.

Next.

MR SPEAKER Thank you.


PS ALAN RENAUD The first thing we need to understand, is we are in the middle of a pandemic.

COVID - 19 is not the worst pandemic the world has ever seen.

I’m not showing here is plague where pneumonic 200million people died in the Spanish flu.

However, next, we have never in the entire history of aviation had a crisis like this.

This graph starts at 1945.

Aviation has grown and gone through many, many crisis over the years.
We have had oil crisis, gulf crisis, Asian crisis SARS, 9/11 but none have ever left aviation the way it’s done.

Minus 60 percent decline in world total passengers in 2020.

Next, neither has our civil aviation ever seen anything like this.

What you were seeing on the screen, the red line is the number of flights operated by Air Seychelles, the blue line is the number of flights operated by Emirates and the grey lines shows the cumulated total of all flights by other airlines.
At the far right is when we shut down the Airport in 2020.

If I take the graph all the back way to the beginning of aviation in Seychelles, you’ll had the same story as globally.

So this crisis we are seeing with Air Seychelles and civil pg.

117 Verbatim Report NAS Sitting Tuesday 02nd February 2021 aviation is unprecedented in our history.

You will see a little bump at the end and I will talk about that later.

is like this First Next, final snapping, and all we can do is start over.
Next, when you start over, we are starting from scratch.

principles, whatever happened in the past doesn’t mean it’s going to be what’s happened next.

And we fight, have are gonna because we are fighting against a pandemic, and we are fighting of against challenges.

But what we will do is whatever it takes.

all manner to Near term outlook;- I am going to describe to you four paths.

This is ICAO.

ICAO publishes data for all members states.


It talks about pairs, traffic pairs between different regions and talks about their projected economic development.

And they have some of the world’s best economist and airlines involved, IATA to come forward and what they tell all members of the Governments to do is to look at four paths forward.

And they provide the data and we are going to show you the how we applied Seychelles case, to give you an for idea of what we think is going to happen 2021.
Next, the four shapes are, we have a “V” shape recovery.

When things pop back up very quickly the way up, we know to that happened, we’ve missed that.

is not going this A “U” shaped recovery is we stay down for a long time and then suddenly grow very quick near the end.

An “L” shape is the worst thing we can think of.

In that we have a protracted long term, down turn.

It’s an “L” down and we stay down, which means we will suffer for many, many months.
And then we have a “W” which is a double dip- recession, when we go up, come down, go up, come down.

Right now, we are sort of in the middle of the “W”.

the And then there is an Nike swoosh which was mentioned by some economist.

Those were four shapes that we are going to model, for our Tourism Industry.

It depends on a lot of different factors, none of it is done under our control.
What happens in England, what happens in France in terms mutant COVID viruses, all are things that are outside our control.

pg.

118 Verbatim Report NAS Sitting Tuesday 02nd February 2021 But next, there are things that are in our control.

Here, we have different version of it and a lot of it will depend on us as an island and our response.

How we control the virus and how we are ready for it.
I am very happy with the March, with the vaccination program and this will provide us a very firm base for us to grow, from March onward.

So hopefully this will help us get into a “V” shape recovery but i will show you four different ranges, and this will show you were we going to be.

And this will be very important because our 2021 Budget assumes that we will have 115 thousand passengers, tourist this year.

I will show you that there is a very reasonable estimate.
Next, if we look at previous pandemics, it has been very “V” shaped.

In the earlier graph that I have showed you, over nearly 80 years of aviation, we’ve never had anything like COVID.

What that mean is aviation is remarkably resilient, I can tell you that for a fact, with our new Travisory system I could see the people who are applying, and even though we are in the middle of the pandemic people still want to travel.

So the history of aviation is showing that people will still want to travel.
There is no indication that travel will end.

It’s are that complications for that.

there just How long will take us to recover?

Six months was the seen before, worse we’ve obviously ours is going to be much longer.

Here is why we have very good reasons to hope.

Next, thank, you stay there.

This is why we are very hopeful about what will happen in 2021.

What i have done here in this graph is I’ve zoomed in on that little bump at the end of first track that I’ve showed you.
What you are seeing before you, are the number of tourists that have come to our country by week, since September 15th when we started tracking the data.

In the weeks of October and November, and December we saw Edelweiss come, we saw British Airways come and we saw of course the Israel market opened up.

And Israel was an interesting case because it was a category 1, it was right next door, and we had direct flight by Air Seychelles which I will talk about later, plus other airlines.
So the demand is there.

What we find out is a lot people did not want to come, because of pg.

119 Verbatim Report NAS Sitting Tuesday 02nd February 2021 the complexities of our rules, and I will emphasize this a bit more.

At the moment as you can see in week four of 2021 we are very low level.

We have not closed our airport, but then in fact it is closed because people are not coming.
Mostly because there is a ranging pandemic in their own homes, in their own countries, and also, we have our own, were we’re being very strict with quarantine on arrival.

Such policies would prevent tourism from arriving.

These are things under our control.

Next, let us show you now how we will calculate the number of tourist we see this year, and in these calculations I will show you were Air Seychelles would hunt.

Next, we cannot used what airlines have scheduled.


What happened is, in 2020 half of plan flights were cancelled, so you have Emirates putting seven flights a week, but when it gets they’re closer to cancelling, cancelling, cancelling.

the day So, we cannot say, ‘’oh well things are looking rosy, because Turkish Airlines has put so many flights, and Air France have put so many flights.’’ No.
What we have to do, is do the basics, which is go back to the markets, which is the ICAO data which I’ve showed you at the very beginning that we going to do.

Let’s frame it, for the entire world, Europe and Asia, Pacific accounts for over 70percent of international traffic.

Thank you.

Europe alone accounts for 890million international passengers in 2019 per year.

Asia, Pacific 517, not all that is coming to Seychelles is going all over the world.
North America is next, Middle East, Latin America, Caribbean and Africa down below at 7million.

What does it look like for Seychelles in 2019?

Next, what did Seychelles have?

In Seychelles, Europe traditionally has accounted for Europe not just Europe, Europe, North America, Oceana such as Australia such as South America and Asia, all of these markets for almost have accounted 73.6percent of our international traffic.

As you can see by the very strong first line, Europe has been our dominant market.
In the previous scribe I’ve shown you Europe is one of the biggest.

Regional network, those within pg.

120 Verbatim Report NAS Sitting Tuesday 02nd February 2021 I would show you Air as Seychelles which is only 26.4 percent of that market.

However, that’s what’s it was like before the snap and past not performance indicative of future results.

is Next, let us looks at what has happened since September 2020. Who has actually come to Seychelles?

Has it followed our traditional pattern?


No, the orange lines are in fact regional markets, market that are reachable by Air Seychelles.

At number one market since Q3 2020 has been the Middle East and of course the majority of this is Israel, which I’m including in the Middle East category.

Next has been Europe our traditional market its still there, though now Israel is number one.

This is the kind of things that happened after a snap.

Africa is number three, no longer at the bottom of the list.
And then we had the Indian Sub-Continent of course Asia, Indian Ocean and so forth.

One point I want to make, about the Middle East is the Middle East is available to Air Seychelles, but they also have a lot of competition in the Middle East because we have Qatar and we have Emirates and other airlines Etihad and Turkish.

We’ve So next, one brilliant things is that those countries that have a lot intra-region traffic.
When I say intra am talking within their region, that is a sign that they will grow very fast.

seen domestic flights grow very quickly and so we see two of our market Europe and Asia, have very strong domestic market which means that local economies are still feeling strong which means those countries still have a lot of disposable income.

Next, that’s a good sign, here are and you don’t need to get into the details but here how i did it.
So, here we have four of those markets, the expected four scenarios.

In the top left Asia Pacific, in the top right Europe, in the top right bottom left Middle East and in the bottom, right Africa.

International, IATA, go back please.

What ICAO is done with IATA and all the rest, is made predictions.

Best case, worse case about the amount of international travel from any of these destinations.

There’s no need for us to the details into get down because it’s very high level.
In this case Asia Pacific will be down 60 to 80 percent.

In the first half of the year Europe 40 pg.

121 Verbatim Report NAS Sitting Tuesday 02nd February 2021 to 75percent middle 55 to 75 Africa 35 to 60.

Next, and then we have smaller markets to Seychelles, we have North American, Latin America which contributed traditionally very small 45 to 70 down 35 to 55.

Now this is only showing what’s going to happened in the next six months.
Where were going open up our airport after vaccination where we opened up the whole world in March.

We have already lost some months, and it’s going to take vaccination sometime for certificate become standardized.

to It’s going to be complicated because you have PCR, plus vaccination.

All those together, we have decided as the conservative estimate is even though these percentages are for the next six months we’re going say that they apply for the entire year, if I’m wrong it means will go fastest.
So, this is the worst case, most pessimistic scenario that I’m going to show you.

Next, i will have to show you all the calculations but it, and for the we’ve done interested reader at home you can follow my calculation by going to NBS and doing all the calculating yourself.
But based on our analysis of following the formulas produce by ICAO for members states, our prediction for Seychelles in 2021, in worst case, we will see 95,000 tourist this year, and if we are very lucky and things very quickly, turn around vaccination certificates.

We may see as high as 207 thousand tourists by the end of the year.
Sherin, and her team thought it was 189 thousand i told the Minister I think it’s going to be between 75 and 150 and all of our calculation now that we have done it properly, have come correctly.

We same calculation in May of 2020 and we were spot on, by what was going to happened in 2020, whether this works this year I don’t know, but I am very confident in these results.

did the Now this wide range of 95thousand to 207 thousand means a lot of it is dependent on us.
What ways of we going to have policies?

Are we going to have simplified rules by which we allow people to stay?

Are we going to have category 1, category 2 hotels, ten days, five days all of those, all of that complexity is what going damp and demand and it's for us to think about.

pg.

122 Verbatim Report NAS Sitting Tuesday 02nd February 2021 Next, go back one I think i will skip the key, go back ok that it go next one.
Yes, now we talk about Air Seychelles, that green circle there is Air Seychelles hunting grounds.

Is roughly speaking the range of the 8020neo.

As you can see what Air Seychelles can hunt represent 26.4percent of all of the potential in 2019.

Outside of that sphere is 73.6percent of where traditional tourists used to come from.

This one is going to come from likes of Emirates, Etihad and Turkish and all the rest.
I will tell you this, Emirates on 2020 only stop flying for two weeks, and have been flying continuously since then.

The only problem with this graph is a large part of the 26.4 percent is the Middle East and there is a lot of competition, so Air Seychelles will have to fight for market share with El-Al and Arkia in Israel.

If they decide to go to Dubai they will have to fight with Emirates, and if they go Abu Dhabi, they’ll be fighting with Etihad.
As an example, when Air Seychelles was going to Tel Aviv last year, they had the whole market until El-Al and Arkia enter the chart and the market share went to 30percent of the total number of tourists.

But there is still an opportunity for Air Seychelles.

from down I’m screen With the numbers that I have showed on the from the previous very confident, that the airlines will come in but what is interesting as I showed you in Q3 of 2020 we had a different mix.
Israel was at the top , we had a lot of Africa we had a lot of regional traffic, which means that Air Seychelles hunting ground in the first half of this year is going to be very futile.

Even though it represents 26.4percent of the potential there is opportunities for Air Seychelles in theory.

on Next, based that analysis in going country by country, we are able to establish tourism targets, which we will share with Tourism Industry and with Air Seychelles.
Based on our numbers, Europe market, we will see between 67 thousand, 500 and 159thousand number tourists this year from Europe and beyond.

And the total market size that the Air Seychelles we think can bite, can eat ranges from 27 thousand 600, to 48,400 and so is in there that Air Seychelles would be producing for us a pg.

123 Verbatim Report NAS Sitting Tuesday 02nd February 2021 business strategy.
On which destinations, how frequently they going to move and what they’re going to do to get those tourists to come here.

The opportunity is there, and we as Magallie has said are providing the full support of our Ministry of Transport for that plan.

But I hope you can see the total context.

And when, as travel begin to blossom again, so we have to think about Air Seychelles business model.
As Europe and beyond market start to grow increases Air Seychelles ground handling revenue, because that revenue is dependable on the others.

this So the more the other airlines flies, the stronger the Air Seychelles becomes, as well the more come contributing more tourist, we will have more flights to Praslin and on our domestic route.
airlines other again develops And depending on how Air that Seychelles will strengthen based on how the other airlines are doing, so Air Seychelles future is dependent on the whole destination succeeding.

But alone on its own, Air Seychelles has a place for it to find its place and this is the challenge that we have put to our management, and to the team there and I think they’ll talk in great detail about that and we won’t be into that, the detail of their business plan.
But we already know, we will know if they are succeeding or if they are failing or exceeding their targets.

Now, I want to say again about one of the key success factors for us to be closer to the 207 thousand value versus, the 95 thousand value.
running around We have COVID … have been a terrible, terrible disease and now we have new mutants strains the world in Brazil, in England, in almost South Africa certainly we will see more terrible things happened with this virus and let’s hope that the vaccine that we have will be strong.

and What has been very difficult for us to start the engine again for our Tourism Industry, has been towards the policies that we have had.

And we thank the doctors very much.


In fact we are all safe here today because of that.

But it’s something for us to bear in mind that once we pass March and we have the vaccination policies.

We need to think very carefully if we are running out of money, how we simplified that message.

pg.
pg.

124 Verbatim Report NAS Sitting Tuesday 02nd February 2021 Whether we can organize ourselves, to make it simple for people that travel Seychelles and that the rules are easy for travel agencies to sell, because the demand is there.

And I thank you very much.

MR SPEAKER Mersi Mr Renaud.

Madanm Essack ou annan okenn kontinyasyon, okenn keksoz pou azoute a se pwen.

MRS MAGALLIE ESSACK Non, non, non mon napa okenn kestyon.

MR SPEAKER Mr Renaud, are you comfortable with questions in Creole?
PS ALAN RENAUD Yes.

MR SPEAKER Ok.

Thank you.

Bon be nou ava pou bann Manm envit enterakte.

Wi, Onorab Pillay.

HON SEBASTIEN PILLAY Mersi Mr Speaker, e mersi Mr Renaud avek Miss Magallie pour prezantasyon.

ava kontan demann zot baze lo lefe ki nou'n ganny en kantite lenformasyon depi bomaten e sorti kot staff Air Seychelles, management Air Mon ti Seychelles Minister Finans e la zot Departman Transpor.

menm So, mon ti ava kontan demann zot en kestyon baze lo sa ki Air Seychelles in prezant avek nou.
E mon asire ki zot osi zot aware ki plan Air Seychelles i annan, eski koman Minister Departman oubyen Gouvernman ki sipoze annan oversight lo Air Seychelles, zot konfidan ki sa plan ki Air Seychelles in prezante, e baze lo sa bann lenformasyon ki Mr in met devan nou Renaud Lasanble ki Air Seychelles, pou kapab avek sa model biznes an kapab partikilye, overcome serten bann difikilte i annan devan li?
E ki langazman ki departman zot oubyen departman oubyen Minister pe fer, pou asire ki sa konponan en handling, ground konponan enportan dan sa model biznes Air Seychelles, i pa en konponan ki ganny diluted dan okenn fason?

pou ki i Nou konnen deza i annan en si oule en Lakor, oubyen en FOB avek en lakonpannyen ki pe operate ground handling.

Eski nou pa devret pran desizyon parey lezot landrwa in fer pou ki nou donn, lefe ki nou annan en lakonpannyen aeryen Nasyonal, e ki nou annan en pg.
125 Verbatim Report NAS Sitting Tuesday 02nd February 2021 kantite Seselwa ki depan lo sa konpannyen.

E pei evantyelman pou depan lo reveni, ki sa bann dimoun i generate, pou fer ki an eksklizivite nou pa met sa konponan biznes Air Seychelles dan okenn risk.

Mersi Mr Speaker.

MR SPEAKER Mersi Onorab, wi panel lekel.

Yes, Mr Renaud.

PS ALAN RENAUD Thanks Honorable Pillay.

In the first instance, I take you back to the first slide about or slide number four.
Where what we are is something unprecedented, for entire aviation.

experiencing now Now when we have 400 thousand tourists a year, and we have lots of tax revenues from all the activities going on, Government has money to support Air Seychelles.

Half that money comes from fishing, half comes from When we’ve been tourism.

snapped and there is no revenue and there is no tourism.

The very animal that is going to be able to support Air Seychelles is what we don’t have.
is first challenge we have in that, we of to support Air course want this the So Seychelles but we are struggling with that.

And I think this is what Damien and Patrick is to challenge, nobody wants that Air Seychelles though.

That said, if we go back to where we were at 2019 levels, and we look at where Air Seychelles business plan is, it true.
In their blended business model if you take away all the interest that they have, they will loses have something money for a while and eventually get to a profitable sort of state, profitable in a sense of you add everything together.

that So in that sense they come up with something, but whether that model is something that’s living tourists or something else, is a totally different question.

So that’s that.

To your other question about the … so the challenge now is what can it do for us this year?
And so the business plan that we are waiting for, and that will be reviewing as Patrick and Damien mentioned earlier, is something that will work on over the next two weeks to see that, at least for this year, the money that we are putting in, (because we are not so sure about what will happen overseas) beyond that 6 hour range, that Air Seychelles, nevertheless can our greatly contribute to pg.
126 Verbatim Report NAS Sitting Tuesday 02nd February 2021 economy in that region, even though we are losing money.

will you With respect to ground handling, that is definitely 100 percent something that will always be it's a strategic, the airport is a strategic natural asset.

Normally, in a very big airport have competition.

So, if you go to Heathrow, you go to Paris Charles de Gaulle you will see Swiss Board, you will see a of different whole companies that do ground handling.
But this has to be tampered by the size of your airport.

And also the difficulty of the aviation to do that.

bunch In the case of Seychelles I think the case is very clear, you want to have a single ground handler.

I just want you to imagine two sets of equipment out on that little ramp.

Two sets of guys trying to move cargo with trucks both ways.

SCAA now having to audit two companies.


Now you have two sets of things, all that complexity it’s going to create, something that perhaps is more unsafe than when you have a single one with a very good service level of agreements.

So, no.

On our side exclusivity on ground handling is something that we will absolutely do and that’s we will protect that.And the wealth generating through that ground handling is that we will not something relent.

MR SPEAKER Mersi.

Ou'n fini?

them PS ALAN RENAUD Yeah.


Just so you know, we met with Air Seychelles yesterday, the gave and we parameters.

We are the parent ministry of Air Seychelles, but it doesn’t mean that we can’t hold them accountable and be tough with them, so we want them to work.

We know they work very hard, but now we need them than ever.

A mighty more avenger of the Air, to help us and save us for this year.

And so thus we are hoping and see from them in the next two weeks.

MR SPEAKER Mersi Mr Renaud.


Wi Onorab, ou kapab follow-up.

HON SEBASTIEN PILLAY Yes, Mr Speaker a very, very quick follow up.

Eski nou kapab ganny en, garanti avek Mr Renaud ki sa bann miting ki'n annan ki nou'n tande an relasyon avek sa group sorti Abu Dhabi vizavi airport, i napa pg.

127 Verbatim Report NAS Sitting Tuesday 02nd February 2021 nanryen pou fer avek ground handling, okenn oubyen konponan sa biznes.
Akoz dan model biznes ki nou, nou ganny prezante avek bomaten e ki Air Seychelles in koz lo la.

Sa konponan i feature prominently e i enportan pou sa recovery plan, ki pe ganny prepare ki nou'n war in ganny prepare pour Air Seychelles.

Mersi, Mr Speaker.

MR SPEAKER Mersi Onorab.

Wi, madanm Essack.

MRS MAGALLIE ESSACK Lo sa kote sa bann delegasyon ki'n sorti Abu Dhabi konsernan airport.
Parey Minis ti fer sorti yer dan son interview avek medya, sa kozri ki annan i basically pou annan pou fer avek redevlopman airport.

plan bann Parey nou tou nou konnen nouvo ladministrasyon ki la i pou annan redevelop, striktir aktyel ki annan pou airport.

Parey zot i sa konnen domestik konponan, ki i get en pe pli enternasyonal ki nou actual international airport i ete la.
li, So sa diskisyon se i en diskisyon pou SCAA kapab kantite ki konpran lenvestisman zot pou bezwen pou zot devlop sa lenfrastriktir.

E i napa nanryen pou fer avek loperasyon Air Seychelles, e napa nanryen pou fer avek ground handling Air Seychelles.

E zis pou mwan tous lo sa pti size, sa plan ki Air Seychelles in prezante, kekfwa mon ava zis met a zot latansyon lo kote Minister, we are yet to discuss and approved this plan.
I pa ankor en plan ki nou'n fini diskite an tou son totalite, e i annan bann lekip teknik ki pou asize ek Air Seychelles ek son management pou diskit lo la.

Gouvernman.

Parey PS in fer resorti, e nou pe refer resorti ankor poudir ki Air Seychelles i en antite Air Seychelles son Minister se Minister Transpor, e sete anba Minister Transpor e anba direksyon Minis Transpor, Minis Derjacques ki i pou donn the final approval of any plan ki pou sa ganny lakonpannyen.

Mersi.
Mersi.

zere par MR SPEAKER Mersi Madanm Essack.

Onorab Henrie.

HON GERVAIS HENRIE Mersi Mr Chair.

Bonn apre midi.

Lefe ki Minister Transpor i Air Seychelles, parent ministry Air Seychelles.

So mon anvi demann de kestyon otour company parent pg.

128 Verbatim Report NAS Sitting Tuesday 02nd February 2021 ki business model.

Akoz nou, anvi vwar sa lakonpannyen pou grandi, si i anvi sorti dan zanmen sityasyon kot i ete.
mannyer Premyerman letan PS dan ou slide ou'n montre ou hunting ground of Air Seychelles ki ou'n dekrir koman fertile, mon anvi konn konponan L’Afrique en kontinan 1.2bilyon avek dimoun.

Ki ozordi bann Africain i kapab voyaz dan selman 22 poursan kontinan san en viza.

E Sesel ozordi i le sel pei Africain, mon repete le sel pei Africain ki tou Africain i kapab vini san bezwen en viza.

Ni on arrival, ni apply avan, ou rantre.

Pa reste se nou, retourn se ou apre ou vakans.


Prezan ki mannyer nou kapab servi sa e Air Seychelles, tap into sa marse?

Eski sa i en diskisyon ki lo latab, ozordi?

Akoz nou konnen poudir bann vol komersyal ant bann rezyon i preski non egzistan e si egziste i ser.

Donk ki mannyer nou into sa potential kapab tap market?

Mon premye kestyon.

Dezyenm kestyon dan business model, nou konnen poudir apard Air Seychelles ki anvol Praslin, domestically i lakonpannyen lot annan en IDC.
Ki mannyer Gouvernman, ozordi i kapab met Air Seychelles ek IDC asiz otour en latab.

I dir get sa nou en pti pei, tou lede i antite Gouvernman merge zot asset, pour ki Air Seychelles take over everything, domestic i anmenn bann touris osi lo nou bann Zil Elwanye pou vizite fer bann day trip whatever model ki kapab ed tourism?

lwen So sa i de kestyon otour tap into Africa as a potential tourism market.

E dezyenm IDC and Air Seychelles merging their operations.

Mersi.

MR SPEAKER Mersi Onorab.

Ok.


Yes Mr Renaud.

PS ALAN RENAUD Thank you, Honorable Member.

So, with respect to Africa, wi definitely there is potential.

In 2016 I was a Speaker at IATA day in Abuja in Nigeria and the one thing that, it was the first place I ever did an Uber was in Abuja, Nigeria.

Not something I would have expected, but they were their really advanced.

And speed of business and things, and their disposable income, and they know Seychelles as a holiday destination.
They’ve gone to Europe, they’ve gone to pg.

129 Verbatim Report NAS Sitting Tuesday 02nd February 2021 other places and Seychelles was Africa.

for them jewel within So that as they’ve said it, it’s incredible that we have all these Europeans who have such a vision about Seychelles, why can’t Africans know that this is also part of their own continent and want to come and want to as experience the everyone yes, definitely this is there.

else?
else?

And same The challenge you have with Africa there’s a twofold problem there.

Problem number one is Africa itself, their bilateral are tend to be very closed, which makes it very difficult.

Luckily for us we’ve been pushing very, very hard to open up.

The more we do that the better.

This is why we have Ethiopian here, which is why we have Kenya Airways and why we are doing the Tanzania.

So we have a lot of the eastern seaboard.


If we look at Nigerian bilateral is a bit closed bit difficult to do so we need to do a little bit more work there, but this is something for sure needs to be in a long range plan for Air Seychelles and how to devlop that.

So that’s that.

The second problem that you have, is it's always difficult to develop a new market in aviation.

So typically airlines are a bit lazy.


You look for an origin destination market that already exists for example, way back when Air Seychelles knew that there was a lot of Mauritians in London, and so when we used took to go Mauritians and took them to Mauritius, cause we knew it was there.

I mean come on, we didn’t have to find it.

We just know.

to London we So when you go to Africa if there’s part of Africa that don’t know about Seychelles, this is what we need the STB and others to help do that.
So it will take time but it has to be in the plan.

In fact, as Magallie said, I think we would reject any strategy that did not have that in there, as something as a component.

On your second point having to do the outer islands, we will soon in this quarter be releasing a new National Aviation Policy.

As Minister has said several times in his public statement, we want to liberalize.

Now on one hand we could just sit there and said let’s combine Air Seychelles with IDC and see how that goes.
And that’s definitely things that will do.

What I can tell you is domestic market are always than profitable more pg.

130 Verbatim Report NAS Sitting Tuesday 02nd February 2021 international, for any airline and particularly here.

I remember once some guy in South shaking me down Africa and say ‘’when can Air Seychelles fly to Desroches, I want to go to my villa.
It's too much...’’ And he won a competition on that road and so these are the kind of things where I think Air Seychelles, if it’s allowed to compete on those island at the very minimum and is allowed to do it fairly.

We can do that, but we have to look at IDC and its model because it might be critical to its business model, and as you said correctly we have to look at it in its totality.

The second issue with the outer islands is something my colleague Linberg told me about.
The thing about the outer island is it would be small volumes, necessarily so.

What makes the beauty of our archipelago is this thing, so what we want is something modest, high quality and attracts the very best tourist, will Air Seychelles make money on that?

Oh definitely!

Will our tourism industry and the fact that people can go there, help our whole island?

Yes, definitely.

So yes, I think we should do that and look all ways.
And the ways we would say as Magallie said, is we will be looking to liberalize our domestic space.

And what that mean is Air Seychelles, along with others will be able to compete freely, on these islands and have new entrepreneurs come in.

think I that will something wonderful, Air should not fear it.

this would be be Seychelles MR SPEAKER Thank you.

Onorab Cosgrow.

HON WALLACE COSGROW Mersi Mr Speaker.


Mr Speaker bomaten avek bann diferan diskisyon ki nou'n gannyen dan Lasanble e osi bann diskisyon ki nou'n gannyen avek Air Seychelles zeneral oparavan.

an Largiman in plizoumwen enn emosyonnel e osi finansyel.

Mon ti ava kontan demann PS son pozisyon koman dan Minister, koman PS pou Lavyasyon, zot perspektiv i enn ki Polisi?

Nou’n tande bomaten atraver Air Seychelles konmkwa ki bann i practice e bann predatory practices.
Mon kontan demann PS, ki kantite prepare, or how prepared zot ete son departman, Gouvernman pou foreign airlines ava ti pg.

131 Verbatim Report NAS Sitting Tuesday 02nd February 2021 met an plas bann Polisi pou protez nou national airlines against sa bann predatory practices?
E eski PS ou feel ki si i annan en posibilite ki Air Seychelles i fermen, or at least international or reginal route i fermen, eski ou krwar nou pe give up a battleship ki nou annan, and ultimately putting the stability of nou sovereignty at risk?

Mon ti ava kontan ganny lopinyon PS lo sa de keksoz, mersi.

MR SPEAKER Mersi Onorab.

PS please.

PS ALAN RENAUD Thank you, Honorable Cosgrow for these outstanding questions.
In 2012 I remember, when we first, (it’s important to put some history here) we were traditionally a very protected air space.

In 2012 when Etihad came, we had only eight active bilateral.

Those are the judicial markets you know by Italy, Singapore, South Africa and few places.

When Etihad came and started its partnership the first thing, they wanted to do was we wanted to feed code shares over this over routing, create a kind of hub in the Indian ocean.
So they demanded that we signed over a new bilateral.

And I distinctly remember and I apologize if he is listening to me now, we were sitting together, myself and Mr Gilbert Faure and we’re looking at each other and he says, ‘’Once we go down this path we can’t put the toothpaste back in the tooth pole.

The toothpaste too.

‘’ Because once you opened up, it’s a one way thing.

You can keep it close, but when you open the word ‘bilateral’ it’s exactly what it means.
You opened it up and it works both ways and it makes sense.

I allow you to come into my house, , you better let me go to your house.

That’s the way it is.

So when we went down that path, we went down an inexorable path.

At the same time, we felt ok, now we’re going to have more competition, what IATA and ICAO tell you when you open up your skies you’re going to see growth.

It is sometimes challenging for your homeland, but the big thing is what does it do for your country.

What did we see after 2012?


Seychelles saw a double- digit tourism growth.

I didn’t have the statistic going all the way back, but you will see that we suddenly started to see a big pg.

132 Verbatim Report NAS Sitting Tuesday 02nd February 2021 acceleration once we start to opening up.

I remember signing the bilateral with Switzerland in 2014, Edelweiss came in 2018.

It’s like you’re pregnant with possibility when you sign these bilaterals.

So, Air Seychelles now you can’t go back.


It’s almost an act of war to try to say ‘’I gave you 40 to go back to 2.’’ It doesn’t work that way.

So, Air Seychelles yeah it will have to compete.

But at the same time it’s done amazing things for our economy.

We’ve grown, and so what it means is Air Seychelles has to find a new role, a new niche.

Now you ask the question our does sovereignty?

I will say no, not now and I will tell you why.


challenge that All of us have heard the word National Insurance Policy.

And we’ve just accepted that.

Have we ever asked ourselves what it means, what does that means National Insurance Policy?

fly Air Seychelles will where nobody else will.

Now try and think of a situation where Air fly somewhere where nobody else wants to fly.

Seychelles can It’s a very … yes and that means no one can fly right now.
What happened In January Emirates is flying, Qatar is flying, Ethiopian is flying but Air Seychelles is not.

is a situation, to where one guy doesn’t want to go but the other guy can go, is usually something geopolitical something and under our control as we say before.

Currency exchanges, we hold on to your money (someone else said that) but anything that would affect Air Seychelles will affect the other guys.

Today we have, or in 2019 we have 14 airlines, operating 75 flights a week.
They invested in the route and the way their model works and so it’s actually a different situation.

They can take their money out, we’ve liberalized our banking system.

So what I would say is the danger is not so much today, and the proof was in the pudding.

If you look at the graph in the handout that I showed you, you see that Emirates stop flying for two weeks whereas Air Seychelles was a bit longer doing repatriation flights.
So I think it we are more resilient industry, but it does mean what Air Seychelles can do is now smaller.

They will never go back long haul probably to Europe, unless a pg.

133 Verbatim Report NAS Sitting Tuesday 02nd February 2021 new technology comes along.

Was there another question?

MR SPEAKER Thank you.

Onorab Georges.

HON BERNARD GEORGES Mersi Mr Chair, Mr Chair i annan en keksoz ki pe fatig mwan depi taler.

E mon ti ava kontan panel ed mwan.


top of E enn bann keksoz ki Mr Tirant ti dir nou e i ankor avek mwan e sa se, the Board has got to be responsible.

E zot bezwen things.

Si Air on Seychelles pou marse fodre ki son Board is up to the mark.

E nou'n vwar sa ki’n arive pandan sa dernyen lannen, ou plito sa bann lannen oparavan.
annan en management ek en Board ki ti slack, as a result ek en mon mazinen en Minister Finans ki ti osi slack, akoz sa ki'n arive se ki zis det akimile, akimile, akimile and nobody pulled the plug.

Nou ti E nou vwar nou lekor ozordi pe debat le konsekans.

As the parent ministry ki zot ete, nou tou nou ti a kontan krwar i annan ki Air Seychelles vyabilite.

Me nou’n vwar ki Minster Finans i annan gran lo rezerv Air Seychelles.

vyabilite E mon pa oule pitch zot Zot kont Minister Finans.
vwar li dan en serten fason, Minister Finans pe regard li dan en lot fason.

Me si dizon demen desizyon i ganny pran par zot Minis ek par Cabinet, ki pou donn en sans Air Seychelles pou kontinyen lo son regional routes, ki si sa ki fer zot krwar, ki zot pou pli byen fer as the bann parent ministry Minister oparavan, pou kontrol Board either par bann dimoun ki ganny apwente lo sa Board.
Oubyen par responsabilite ki bann Board members i pran, pou fer sir ki dan nevyenm Lasanble, nou pa pe still pe debat lo pou fermen pa pou fermen Air Seychelles?

Mersi Mr Chair.

ki MR SPEAKER Mersi Essack, please.

Onorab.

Madanm MRS MAGALLIE ESSACK Mersi Onorab pou sa, parey tou Seselwa i konnen i en nouvo administrasyon, nou en nouvo Minis.

Mon kapab dir poudir nou tim e i en tim ase nouvo.

Kote nou departman, lo kote Polisi, stratezi ki nou fer.
Nou ase nouvo e nou annan bann zenn kapab ki nou pe travay avek.

pg.

134 Verbatim Report NAS Sitting Tuesday 02nd February 2021 E nou pe devlop parey PS in dir oparavan bann serten Polisi ki pa'n ganny devlope dan lepase.

Pou nou kapab met an plas en striktir li menm lo ki mannyer i ganny lavyasyon zere.

Nou departman pa deal zis avek lavyasyon nou deal osi avek port e lamarin.

Wi nou tim i ptipti, me selman parey mon’n dir nou annan en nouvo Minis ki pe regarde.
Nou konnen nou pa kapab fer recruitment, nou pa kapab anploy dimoun pou le moman.

Me selman nou pe devlop sa bann zenn ki nou annan entern pou zot kapab take on nou challenge, the portfolyo i ase gran.

akoz Nou Minister i deal avek nef agency e Air Seychelles i enn ladan.

I enn ki ptipti me selman i enn ki annan bokou plis gro problenm.
Wi, pou le moman kekfwa i annan en Board ki en pe, ki en pe ou kapab dir non-egzistan me selman i annan travay ki nou pe fer lo kote Minister, pou nou reconstitute en Board hopefully kekfwa soon, oubyen by latest an Mars, ki nou ava met sa Board an plas.

E letan nou pe annan en Board, ki nou pe mete Air Seychelles i pa pou zis en Board ki nou pou swazir dimoun ou kapab dir left, right and center.

Nou ti annan de Board ki ti ganny anonse yer, sa i Board Port Authority e Board SCAA.
constitute Zot pou kapab vwar lo nou Board, sa de Board ki i vreman nou'n diferan.

Son konponan dimoun akoz nou'n fer en legzersis ki nou'n vet bann dimoun, base lo zot leksperyans, base lo zot konesans ki zot annan.

E se sa lapros ki nou pou pran pou nou constitute en Board pou Air Seychelles.

Nou pa pou zis met en dimoun lo en Board ki nou konnen demen i pa pou kapab performen, akoz i pou annan en gro task lo li ki pou asire ki sa lakonpannyen i vyab.

E training i enn sa konponan.


Lavyasyon i pa en keksoz ki nou tou nou konnen.

I en keksoz ki vreman technical, bann nou ki konpran lavyasyon nou vreman sanse pou nou kapab dir nou annan sa dan nou disan.

Mwan mon kapab dir mon pa en expert, expert me selman mon’n devlopman mwan dan lavyasyon, mon konpran serten konponan.

E lo sa kote e osi parey PS nou de dimoun ki konpran lavyasyon lo kote komersyal, e lo kote ki mannyer ou kapab dir pg.
135 Verbatim Report NAS Sitting Tuesday 02nd February 2021 lo kote regilater, regilatwar laspe regilatwar osi.

E sa Board ki pou vini obviously nou pou tap into nou bann international agencies ki nou deal avek IATA, ICAO pou nou regarde ki mannyer sa bann Board members i ganny sa capacity building lo lavyasyon, pou konpran kwa sa en airline, e kwa sa konmersyalite ki mannyer en airline i sipoze ganny fonksyonnen.

Sa ki lo nou kote Minister nou pe sey anmennen.


E nou Minister nou tant pou nou fonksyonn en pti pe diferaman, akoz nou annan sa konponan ki nou toultan pe mazinen lo kote konmersyalite, kwa ki nou kapab anmennen, anver reveni pou pei.

Me non pa zis la pour nou, ou kapab dir depans taxpayers money, par ganny peye akoz nou ganny peye par tax payers money.

Me nou rod bann lapros ki nou kapab fer nou bann entities ki nou vin komersyal.
travay avek E zot pou vwar pandan sa lannen bann kantite proze ki nou annan in regards to the commercial aspect of tou nou bann entity ki tonm anba nou Minister.

PS ALAN RENAUD is that If I may add to what Magallie said actually fundamental.

So, for all of those Boards with complex business model or in an industry that requires a bit of an experience, so Magallie and I are both ex- Air Seychelles, a difference.

On the Board of SCAA, we have three ex-Air Seychelles staff which surely makes a difference.
it makes And training that component the Board we think it’s going to be very critical, not just for the Board members, but perhaps also for members of the Government and Finance, as well as those in the PEMC doing oversight this way.

Because this way (if I may) this gives some background of myself working with Etihad, so when we had the partnership with it was a 40percent Etihad, shareholding, so we had four Seychellois Board members and three Etihad.
So it looks like Seychelles our Chairman obviously has some majority is a and Seychellois.

But what actually happens in a Board meeting is you may have two or three hours, with a hundred slides, and then you will have a lot of room going the experts through the slides, and it’s going by very fast.

in pg.

136 Verbatim Report NAS Sitting Tuesday 02nd February 2021 And there is a lot of trust there because, wow!

It looks like a lot of work I’m sure, ok it works, I vote.

Because it’s very imbalanced.


And what needs to happened is that the people on the Seychelles side.

Of course, we’re not going to have that now.

Air Seychelles is going to be 100percent on, but the point is the same.

The members of the Board have to be conversant with that industry, conversant with what is and is not a reasonable model, not just a do thing for the Government.

So those are the kind of things that we will definitely learn from this exercise and it’s absolutely it.
So if we have an SOE and if it is critical to our economy, obviously it means that we have to raise our game in terms of government, and its oversight and how technically competent we are in be able to buy with this.

So, what happened in the past will not happen in future.

Which is not to say that there was anything wrong with the previous body it was just structurally, it was a very difficult situation that they had.

Mersi Mr Speaker, Mr Speaker mon pti leklersisman mon to ava kontan gannyen.
annan zis de from Premyerman the parent ministry i paret ki Air Seychelles zot annan en plan, ki zot pe shop around avek mwan, ti ava kontan konnen si zot the fini parent ministry zot aprouve sa plan ki Air Seychelles pe sey bank son future lo la.

in Dezyenmman Mr Speaker, mon ti zis anvi demann avek PS Renaud kote, ki source son bann data, akoz mon pa konnen akoz mon sa krwar mon software as a … is it an Etihad licensed software sa ki i pe servi?

Thank you, Mr Speaker.


rekonnet PS ALAN RENAUD (Off-Mic) MR SPEAKER One second please.

Onorab Loze ou'n fini poz ou kestyon?

HON JOHAN LOZE Wi, Mr Speaker mon’n defer pou answer.

MR SPEAKER Mersi Onorab Loze.

MR SPEAKER Ok, thank you.

Wi, Mr Renaud.

HON JOHAN LOZE PS ALAN RENAUD pg.

137 Verbatim Report NAS Sitting Tuesday 02nd February 2021 Thanks, Honorable.

No, the data came from ICAO and IATA, I can certainly resend the slides with all references that it comes from.

It’s all published online.


It’s available for Member States I will be happy, so and everything is you legitimate.

I’m only using my apple keynote and the software on there.

saw Everything is free of charge on the apple, unless you know you can buy the apple mac with it.

That’s another thing, but other than that no, anyone can do it.

ki nou pou pran i pa pou base lo lemosyon.

I pou base lo performans.


E sa plan parey mon’n fer resorti boner nou pa ankor final, nou pa ankor, mon pa poudir aprouve, me selman i pa ankor ganny diskite e agree eternelman.

E i annan bann Komite teknik ki ganny mete, letan i annan anything ki annan pou fer avek en proze komersyal e vyabilite.

E mon kapab dir poudir lo kote Minister, non nou pa ankor asiz ansanm ek Air Seychelles pou nou konpran sa plan an detay e an tou son totalite.

MR SPEAKER Wi Mr Renaud.

Wi madanm Essack ou pou adres sa.


MR SPEAKER Mersi.

Onorab Loze ou anvi swiv.

MRS MAGALLIE ESSACK Parey mon’n fer resorti, lo kote sa plan ki Air Seychelles parey ou'n dir pe shop around avek.

en ex-staff Parey mon konpran Air Seychelles i right now, i annan bann lemosyon, ki pe arive koman Air Seychelles, mon osi mon annan lemosyon ki ou annan sa lemosyon, ki ou pa anvi war sa lakonpannyen ki ou'n travay avek pe pas dan serten difikilte.
Me lo kote Minister parey Minis in fer sorti yer swar lo son interview lo SBC, bann desizyon HON JOHAN LOZE Yes, Mr Speaker zis en pti follow-up.

Mon ti anvi demann the parent ministry again.

Eski i annan okenn willingness ant zot avek Ministry of Finance, pou trouv common ground e donn nou en sustainable plan pou le fitir Air Seychelles?

Mersi Mr Speaker.

ansanm, asiz MR SPEAKER Mersi Onorab.

Mr Renaud.

PS ALAN RENAUD pg.


138 Verbatim Report NAS Sitting Tuesday 02nd February 2021 Thank you, Honorable Member for that question.

If we go to the slide where I drew the circle about the fertile hunting grounds for Air Seychelles.

It represents 26.4 percent of our traditional market in 2019.

I want you to also look very carefully at that slide, to make another observation about it.
And that is, if you look at that circle, you will see that it covers a lot of ocean, and in that ocean there’s very little destinations.

So the amount of destination that are actually able to be used is actually quite few.

So this is, yeah if you look at where the circle is you see that to the south there’s a lot of open ocean where there’s very because little, you’re only looking at the top path.

opportunity Consider if you were, you know in Europe elsewhere there’s lots of destination.
So in term of a sustainable plan, what would have to happen is that Air Seychelles will have to look at all the different destination.

Things like Delhi, things like Mumbai, things if there’s an opportunity.

like Chennai, see Sherin is confident that there is pent up demand in those to tourism market Seychelles.

there destinations in the Middle East?

to bring Are Not Dubai or maybe Dubai or Abu Dhabi they can that develop?
So as Magallie said, I mean we will be consulting with experts, we are using our own needed were possible.

knowledge But yeah, what we will be working with them is to develop a sustainable plan, and they did have one that involved a lot of transfer traffic, but we have to look over the next four years.

Because as we said in the optimistic case, we will see 207 thousand tourists in 2021.

We don’t know if we will have 95 thousand.

In other words will 2021 be worse than 2020?


So I gave that big range, which means that the burden that Air Seychelles will have on us, is still unknown.

We still don’t know what’s going to happen.

So this is where when we asked about a sustainable plan for Air Seychelles you have to balanced that over.

We just don’t know whether the tourism will pick up because of things we are not foreseeing.

With countries policies and with COVID-19 and mutations and the like.
Like what happens if the virus, the vaccination is only good for six months?

What if there a new mutation that it doesn’t work, what impact will pg.

139 Verbatim Report NAS Sitting Tuesday 02nd February 2021 that have?

Right?

So those are the kind of things that we just don’t know.

So yeah, but for sure will be working very closely with Finance and with the team at Air Seychelles, who we know are very good and others to make sure that this will work.

MR SPEAKER Thank you.


A se pwen mon napa ankor entervenan, alor nou ava terminen pou ozordi.

Mon ti ava kontan remersye panel.

Mr Renaud e madanm Essack pou zot prezans e zot partisipasyon.

Mon ava dir zot mersi bokou e mon ava envit zot pou fer zot depar.

(PS RENAUD AND HIS DELEGATION WAS EXCUSED FROM THE HOUSE) MR SPEAKER Mersi.

Onorab Georges prezan ou ava gid mwan demen bomaten ki mannyer ou pe mazinen prosede?

Kontinyen avek Komite oubyen al dan Lasanble.


HON BERNARD GEORGES Mr Chair, non nou kapab sorti dan Komite prezan retourn dan Lasanble, pou nou kontinyen nou deba.

Akoz nou pa pou annan okenn panel, nou pa pe envit personn.

Mersi.

MR SPEAKER Tre byen alor nou ava retourn dan Lasanble.

Me selman, avek sa nou ava adjourn pou demen bomaten 9er.

Mersi.

(ADJOURNMENT) pg.

140