As several international carriers cut flights into the Caribbean region, LIAT airline’s Jean Holder is urging a meeting of CARICOM heads of government to discuss the issue of air transportation’s critical role in supporting the CARICOM. Holder made the call amid concerns that in March 2013, American Eagle will cease operations into the region; British [...]
Air Jamaica Losing Millions of Dollars
May 9, 2012 | Posted by
Air Jamaica continues to bleed red ink under new ownership, and was among the biggest drags on Caribbean Airlines Limited’s (CAL) bottom line in 2011. Still, Air Jamaica’s US$38 million loss was a 75 per cent improvement over the previous year when the airline lost some US$150 million, according to the project manager on the [...]
