Caribbean Airlines Boeing 737-8 Max

Caribbean Airlines has dismissed speculation that it is facing closure, insisting that its operations remain normal despite growing public concern following a recent media report.

In a statement on March 30, the airline’s Board of Directors rejected claims that there have been any discussions about shutting down the carrier, assuring customers, partners and stakeholders that services across its network continue uninterrupted.

The response comes as a Guardian Media investigation Trinidad and Tobago reported that the airline’s board met with the Ministry of Finance two weeks ago seeking government support, as rising fuel costs linked to international conflict continue to push up operating expenses.

According to the report, several measures were put forward, including the possible introduction of a fuel surcharge on tickets, increases in overall fares, the removal of the subsidy on the Tobago airbridge and the cutting of lower-revenue routes.

The airline is also said to be seeking direct State support, which sources indicate could include a debt write-off valued at up to TT$1 billion.

Caribbean Airlines acknowledged that it is continuing to review its operations as part of ongoing efforts to strengthen the business and improve long-term sustainability.

These efforts, it said, are focused on maintaining reliable service and strong regional connectivity.

Work on the airline’s audited financial statements is also underway, while recruitment for key senior management positions is progressing as part of moves to bolster leadership and guide its strategic direction.

The airline thanked customers and stakeholders for their continued confidence, adding that it remains committed to serving the region and ensuring its long-term viability.

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