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Caribbean Airlines sets three-year target to break even

Financially troubled Caribbean Airlines (CAL) is hoping to break-even within three years.

Michael DiLollo, the airline's Chief Ecutive Officer, has announced that the airline is about 35% to 40% on its way to viability. 
 
The airline will, effective January 10, 2016, discontinue its London Gatwick route and withdraw its Boeing 767 fleet which serviced the route. 
 
The initiative is part of  CAL's attempt at transforming its operations and making it more competitive.


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