Caribbean National Weekly

Caribbean Airlines to add 12 new planes to fleet

By Natalie Greaves··1 min read
Caribbean Airlines to add 12 new planes to fleet

Regional carrier, Caribbean Airlines (CAL) plans to add12 Boeing 737 MAX 8 aircraft to its fleet, starting in the fourth quarter of 2019. This was announced by CAL’s  chairman Shameer Ronnie Mohammed in an address at a customer appreciation event in Trinidad on Wednesday.

CEO Garvin Madera also announced that in the first quarter of 2019 the company will launch the first phase of a new mobile app.

Earlier this month, CAL said it  achieved an operating profit and is “net income positive for the year-to-date.”

The airline which is jointly owned by Trinidad & Tobago and Jamaica reported a summary of its unaudited financial results, for the nine months ending September 30.

Operational profits realized

The accounts show earnings before interest and taxes (EBIT) of positive TT$96 million (One TT dollar =US$0.16 cents).

This past year has been transformative for the airline, adding a new route to Havana, Cuba, as well as signing an agreement with Chinese carrier Hainan Airlines that will allow trips between China and CAL destinations in the Caribbean to be bought on a single ticket.

The airline is ranked 25th of 164 global airlines for September 2018 for on-time performance by the OAG (Official Aviation Guide) Star Ranking and operates more than 600 weekly flights to 20 destinations in the Caribbean and North and South America.

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