Airline Finance News - Latin America / Caribbean.Jan 22, 2007 Caribbean Sun Caribbean Sun Airlines, known for short as Caribbean Sun, was headquartered in Fort Lauderdale, Florida, USA and operated regional services in the Caribbean. Its main base was Luis Muñoz Marín International Airport, San Juan, Puerto Rico. Airlines Caribbean Sun Airlines will shut down on Jan. 31, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. company officials, and close its operational hub at Luis Munoz Marin Mu·ñoz Ma·rín , Luis 1898-1980. Puerto Rican journalist and politician who served as the first elected governor of Puerto Rico (1948-1964). International Airport in San Juan San Juan, city, Argentina San Juan (săn wän, Span. sän hwän), city (1991 pop. 353,476), capital of San Juan prov., W Argentina. It is a commercial and industrial center in an agricultural region. . Sister carrier Caribbean Star Airlines Caribbean Star Airlines is an airline based in Antigua and Barbuda. It operates scheduled passenger services in conjunction with Leeward Islands Air Transport (LIAT) to destinations in the eastern Caribbean. Its main base is VC Bird International Airport, St John's[1]. was granted permission by US FAA in October to expand service to US destinations. "When Caribbean Star was launched in 2000 it could not serve San Juan and other US destinations, which of course hindered growth," Star and Sun President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Skip Barnette explained. "Caribbean Sun was later launched as a completely separate US-based airline to complement the Caribbean Star operation with its ability to hub out of San Juan and attract what was then a stronger market for connecting passengers. Now that Caribbean Star has the same advantages, we can realize some efficiencies and better focus our efforts." The move will cost 195 jobs. Caribbean Sun operates four 37-seat Dash 8s and more than 161 weekly flights to nine Caribbean destinations. Jan 10, 2007 Copa Airlines Copa Airlines flew 398.5 million RPMs in December, up 30% from the year-ago month. Capacity rose 24.1% to 502.1 million ASMs and load factor was ahead 3.6 points to 79.4%. Jan 12, 2007 Mexicana Mexicana de Aviacion lost money in 2006, partly because of the entry of low-cost airlines in Mexico's market, forcing it to cut fares. Higher fuel prices and labor costs also hurt the airline last year. Jan 19, 2007 01/22/2007 Z Editor: Aram Gesar, eMail: edit@AirGuideOnline.com For Air Transport & Travel Business Experts contact eMail: bizintel@AirGuideOnline.com For more global news, reviews, features and analysis, please subscribe to our Newsletters: http://www.airguideonline.com/order_formsubs.htm#news To Advertise: advert@AirGuideOnline.com Jan 8, 2007 |
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