Cayman Airways announces fleet modernization plan
Cayman Airways received (14-Apr-2016) approval from the Cayman Islands Government to proceed with its fleet modernisation programme. The programme will commence in 4Q2016, retiring and replacing the fleet of 122-seat Boeing 737-300s with 737 MAX 8s by 2020. Cayman Airways president and CEO Fabian Whorms stated, "Utilising technology from the Boeing 787, the 737-8 MAX, which will see its first delivery to Cayman Airways in 2018, saves over 20% in fuel costs as compared to our current 737-300s and will include features such as the new Boeing Sky Interior, the highest reliability rating of any aircraft, and major design improvements resulting in lower maintenance costs," adding: "Cayman Airways intends to equip each aircraft with on-board WiFi and in-flight entertainment, seat power and other amenities to ensure that its passengers experience the best of Caymankindness". The carrier delivered USD3.6 million profit for financial year 2014/15, and announced that the carrier has already surpassed that profit in the first eight months of current 2015/16 financial year. [more - original PR]