11 Feb 2009

CNMI administration revises down revenue projections

11:27 am on 11 February 2009

The Fitial administration in the Northern Marianas has revised down its revenue projections after Northwest Airlines' decision to use smaller aircraft and cancel nighttime flights from Japan.

The head of the Mariana's Visitors' Authority, Perry Tenorio, says it means 20 percent fewer air seats from Japan.

He says the loss of airline seats, coupled with exclusion of Chinese and Russian tourists from the federal visa waver program and the continued dip in visitor arrivals from Korea, will result in a revenue loss of 339 million US dollars annually.