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Air Jamaica would be bought out by Government

Kingston, Jamaica - Since the carrier was taken over by a private group it lost USD 682m

Jamaican Government announced it will regain the control of national carrier Air Jamaica. Finance Minister Omar Davies said the operations aimed to take again the full control of the airline will be effectuated within the following weeks. Since the carrier was taken over by a private group, headed by mogul Gordon Stewart, it lost USD 682m. "I am relieved that I am giving up this airline" Stewart told...

AVIONEWS - World Aeronautical Press Agency - 110832
Rome, Italy, 12/28/2004 16:37
AVIONEWS - World Aeronautical Press Agency

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