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Low-cost airline REDjet has filed for bankruptcy.
REDjet through a release on Thursday said it failed to garner the support of the Barbados government to continue operations.
The Jamaica Civil Aviation Authority says it will not be taking any action against struggling low cost airline REDjet which has lost its operators' certificate.
The recent suspension of flights by REDjet has raised concerns in some sectors that this could lead to an escalation in air fares for regional travel.
Trinidad and Tobago's Transport Minister Devant Maharaj seems no way happy that the employees and customers of low fares carrier REDjet is now stranded, but he is unsympathetic to the airline's plea for financial assistance from regional governments.
REDjet Announcement –from CEO Ian Burns
The shareholders and staff of REDjet wish to sincerely thank all our passengers and supporters for enabling our airline to achieve the tremendous feat of breaking the high fare experience of many Caribbean passengers, while increasing regional travel numbers for the first time in decades.
Antiguans will from June be welcoming REDjet on a regular basis to land at its airport. The Caribbean’s Low Fares Airline today began ticket sales via its website, retail agents and call Centres.
The Barbadian low cost airline, REDjet, could begin selling seats within the next two weeks, as they get set to embark on their new route (Barbados to St Maarten).
Barbados has recorded a 9.5 per cent increase in arrivals from CARICOM in 2011, with over 35 percent of those visitors coming from Trinidad.
The revelation from Barbados Tourism Minister Hon Richard Sealey, as he addressed members of the media today at the Caribbean Tourism Organisation (CTO) Annual “State of the Industry” News Conference.