Archive for the ‘Caribbean Airlines’ Category

Air Jamaica lays off 300 more employees

30th September 2009 by Airline Guy No Comments
Air Jamaica continues path towards liquidation

The beleaguered Air Jamaica has informed 300 of its employees that they will be laid off following a 120-day period of leave without pay.  The Montego Bay & Kingston ground workers join some pilots and administrative personnel in the lay offs. 

Air Jamaica continues to downsize to almost nothing.  The airline is restructuring after failing to [...]

Air Jamaica Sale STILL on hold

25th August 2009 by Airline Guy 1 Comment
Air Jamaica sale still on hold - Spirit waiting for word

The sale of beleaguered Air Jamaica, the government owned state run airline of the Caribbean island nation of Jamaica, is still waiting for a decision from the government.  A couple of months ago, Spirit Airlines and Caribbean Airlines made proposals to acquire Air Jamaica and those proposals have been reviewed for many weeks.

A delay by [...]

Spirit Airlines to buy Beleaguered Air Jamaica

6th July 2009 by Airline Guy 1 Comment
Spirit Airlines Buys Air Jamaica

After what may have been a bidding war with Trinidad-owned Caribbean Airlines, Spirit Airlines will be the new owner of money-losing Air Jamaica.  Air Jamaica has lost an average of $140 million annually and continues to shrink in size and operations under the control of the Jamaican government. 

The report I read says that ultra low-cost [...]

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