Caribbean Airlines Axes Routes After Millions In Losses

本站添加: 2026-05-26

[00:00:00]A comprehensive review by Caribbean Airlines route oversight committee has found that several routes introduced during the 2023 Eastern Caribbean expansion were launched without sufficient commercial justification and have since generated sustained financial losses. Within the last year, the airline discontinued its Jamaica to Fort Lauderdale route, which generated US $7.2 million in losses, and the Trinidad to Puerto Rico route, which saw $4.92 million in losses.

[00:00:31]From June 1st, 2026, CAL will withdraw from several other markets in a bid to stop hemorrhaging money.

[00:00:39]Withdrawal from the Dominica market, which has incurred an overall loss of US $0.73 million as of April 2026.

[00:00:47]Withdrawal from the St. Kitts market, which has incurred an overall loss of US $1.65 million as of April 2026.

[00:00:55]Discontinuation of the non-stop Guyana to Suriname service, which has incurred an overall loss of US $1.24 million as of April 2026.

[00:01:05]The airline will also reduce the frequency of flights in other markets.

[00:01:09]Service frequencies to Martinique and Guadeloupe are to be reduced from four weekly flights to These routes generated losses of US $1.23 million Martinique and US $1.86 million Guadeloupe respectively.

[00:01:25]The combined loss sustained on these routes as of April 2026 is $18.84 million US or in excess of TT $120 million.

[00:01:37]He added customers holding bookings on affected services beyond the discontinuation dates will be contacted directly by Caribbean Airlines or through travel agents.

[00:01:47]Affected passengers will be offered re-accommodation on alternative regional services where feasible via Caribbean Airlines and partner connections offered a full refund of the unused portion of the ticket or retention of the ticket value as a future travel credit subject to fair conditions.

[00:02:07]Minister Zackary said the losses will now be converted to operational savings and improve the airline's financial stability.

[00:02:14]Gregory McBurnie, TTT News.