The ups and downs of regional aviation
“Up, down and across” is probably the only way one can properly describe the aviation and travel sectors in the Caribbean for the year 2011. Fares were up and down; planes were up and down and politics played a subtle role across the archipelago
In the middle of the second quarter, the region saw the consummation of the Caribbean Airlines – Air Jamaica deal whereby Trinidad and Tobago’s Caribbean Airlines Limited completed the takeover of Air Jamaica, which in the end left the Jamaican government with a 16.4 percent shareholding in Caribbean Airlines.