ReDjet flies no moreStory Created: Mar 16, 2012 at 10:57 PM ECTStory Updated: Mar 16, 2012 at 10:57 PM ECT Low fares airline REDjet has suspended all flights around the Caribbean as of 11.59 last night.The suspension of flights is "until further notice", the Barbados-based airline said in a statement last night.REDjet chief executive Ian Burns said despite the airline performing well, the company could no longer continue to provide a service.Burns said REDjet was not subsidised with assistance from any government.The airline started operating from Barbados to Trinidad in July last year and offered flights to nine destinations around the Caribbean."Our aircraft and our dedicated staff are performing extremely well and we are willing and able to continue to provide affordable transport across the Caribbean and beyond, but we cannot," he said.The company said it is hopeful it will receive State assistance to allow it to get recently approved routes established"Unlike the heavily subsidised airlines that serve the region, REDjet does not receive any assistance...We have seen other carriers drastically cut their fares in an effort to shut down REDjet and return to high fares and business as usual with no regard to the negative impact on travellers. Unlike us, they do not have to be profitable to stay in business," the statement said.REDjet advised that passengers booked on flights from today should contact the call centre 24 hours before scheduled departure time for an update on their flight status. Those affected will be offered refunds or the option to travel with REDjet upon commencement of services.Further announcements regarding services will be made on Monday.The airline maintained that the suspension was only a "temporary cessation of flights".
ReDjet flies no moreStory Created: Mar 16, 2012 at 10:57 PM ECTStory Updated: Mar 16, 2012 at 10:57 PM ECT We have seen other carriers drastically cut their fares in an effort to shut down REDjet and return to high fares and business as usual with no regard to the negative impact on travellers.
You think the other airlines will raise prices once RedJet goes under? Less competition :s
They have dropped a bit to compete but imo, it was only going to happen sooner or later. The fuel subsidies are ridiculous and they probly spend more money on one flight than they earned in 2. Its a shame tho, i was looking at making a trip some time later this year and now Caribbean Airlines gonna dig out my eye...