Caribbean Airlines eyes E175s, freighters
10.10.2023 – 16:52 UTC
Caribbean Airlines (BW, Port of Spain) is set to grow its fleet with five leased E175s, its first regional jets, according to Finance Minister Colm Imbert. Delivering the 2024 budget to the parliament, Imbert said the flag carrier would also lease three additional B737-8s and four ATR – Avions de Transport Régional turboprops, as well as two ATR and two B737-800 dedicated freighters.
“The airline thus intends to expand its fleet to meet this growing demand, bringing the fleet size to a pre-pandemic level. CAL also plans to lease five Embraer E175 regional jets to service the intra-regional demand and to establish bases and hubs across the region to promote efficiency and cost-reducing measures,” Imbert said.
The airline is growing on the back of the recovering leisure demand to the Caribbean, but also the growing demand for local travel. Imbert said that the ongoing oil-and-gas boom in Guyana, a nearby country in South America, was driving corporate demand for travel. Caribbean Airlines’ main base is at Port of Spain but…
AMG Ventures takes minority stake in UK’s Ecojet Airlines
01.09.2023 – 11:33 UTC
British business accelerator AMG Ventures, led by industry veteran Peter Davies, has taken a minority share in Scottish electric airline startup Ecojet Airlines, being launched by British green energy tycoon Dale Vince.
According to Companies House records filed on August 26, AMG Ventures holds the smallest stake of 2,000 ordinary shares in the nascent green airline, equivalent to around 6%. Davies is a director of Ecojet Airlines and the founder and CEO of airline consultancy Airline Management Group (AMG), which runs AMG Ventures. As the current chairman of US-based Airlink, an aviation industry disaster relief coordination body, Davies previously served as CEO of Air Malta, Air Southwest in the UK, Caribbean Airlines in Trinidad & Tobago, and SN Brussels Airlines in Belgium. He also launched Oman’s first low-cost carrier SalamAir and helped restructure South African Airways.
British green energy entrepreneur Dale Vince holds 8,334 ordinary shares in Ecojet. Vince, the founder of British energy firm Ecotricity, also sits on the boards of a slew of green energy companies in the United Kingdom….
Guyana threatens to sanction interCaribbean Airways
17.08.2023 – 18:12 UTC
interCaribbean Airways (JY, Providenciales) is at risk of being sanctioned by the Guyana government if the carrier does not avoid prolonged flight delays and cancellations,
according to Minister of Works Juan Edghill, who oversees civil aviation in the South American country.
He told Demerara Waves Online News that top government officials, including representatives of the Guyana Civil Aviation Authority (GCAA), had met with interCaribbean Airways last week to address repeated concerns by travellers about flight cancellations and delays, to be told the airline faced internal staff issues. He claimed the airline had promised improved operations at Bridgetown, Barbados, plus additional aircraft to avoid delays. “If they don’t fulfil those obligations that they made last week Thursday, we will have to step in and take additional actions or possible sanctions,” he said but declined to elaborate further.
“InterCaribbean came to Guyana advocating a particular service. We expect them to provide that service.”
He said interCaribbean was told to improve its service rather than simply making excuses. “The airlines cannot just make money, and people suffer….
