<span style="font-weight: bold">Shaw explains Air J trademark use </span>
<span style="font-weight: bold"> Finance Minister, Audley Shaw, has moved to address concerns about the use of Air Jamaica trademarks by Trinidadian airline Caribbean Airlines, which was raised in an editorial in the Gleaner newspaper this week.</span>
Mr. Shaw says the use of trademarks including the Air Jamaica name is governed by the Form of License Agreement in the Contribution and Share Issuance Agreement.
He explains that based on the essential provisions of that Agreement, Caribbean Airlines has the right to use - for an initial 12-month period - those trademarks which are listed in attachments to the agreement.
At the end of the initial 12-month period, <span style="font-weight: bold">the right to continue using them is automatically renewed every year at a royalty amount of US$5 per year.</span>
The Finance Minister points out, however, that the trademarks which Caribbean Airlines may use are restricted to those listed in the License Agreement.
In the meantime, Mr. Shaw says the Government, as the licensor, retains the right to continue using the Air Jamaica name in any of the ways in which it was being used prior to the May 1 acquisition.
Subject to Caribbean Airlines' agreement, the Government may also use the name in any other way which does not compete with the activities of the licensee.
The trademarks can only be used in connection with the airline's Jamaican Operations relating to Routes and Frequency, Fleet and Crew, although Caribbean Airlines may make such changes or variations as it believes is appropriate in order to achieve maximum profitability.
<span style="font-weight: bold"> Finance Minister, Audley Shaw, has moved to address concerns about the use of Air Jamaica trademarks by Trinidadian airline Caribbean Airlines, which was raised in an editorial in the Gleaner newspaper this week.</span>
Mr. Shaw says the use of trademarks including the Air Jamaica name is governed by the Form of License Agreement in the Contribution and Share Issuance Agreement.
He explains that based on the essential provisions of that Agreement, Caribbean Airlines has the right to use - for an initial 12-month period - those trademarks which are listed in attachments to the agreement.
At the end of the initial 12-month period, <span style="font-weight: bold">the right to continue using them is automatically renewed every year at a royalty amount of US$5 per year.</span>
The Finance Minister points out, however, that the trademarks which Caribbean Airlines may use are restricted to those listed in the License Agreement.
In the meantime, Mr. Shaw says the Government, as the licensor, retains the right to continue using the Air Jamaica name in any of the ways in which it was being used prior to the May 1 acquisition.
Subject to Caribbean Airlines' agreement, the Government may also use the name in any other way which does not compete with the activities of the licensee.
The trademarks can only be used in connection with the airline's Jamaican Operations relating to Routes and Frequency, Fleet and Crew, although Caribbean Airlines may make such changes or variations as it believes is appropriate in order to achieve maximum profitability.
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