Loading
17-Nov-2011 12:38 PM

Caribbean Airlines makes USD31m in profit: CEO

Caribbean Airlines (CAL) chairman George Nicholas recently stated “CAL is a profitable organisation” and believes the company will report a profit of USD31 million (TTD200 million) this year, "even with reduced fares and increased flights" (Stabroek News, 16-Nov-2011). Mr Nicholas also said Air Jamaica, after the merger, also made its first ever consecutive profit in its 50-year history.

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More