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Air Jamaica towards privatization

Kingston , Jamaica - Rumours of interest on behalf of Virgin Group

Jamaica's newly-installed, liberal-oriented Government has made clear that it intends start the privatization of state-carrier Air Jamaica. The airline, which guarantees about 50 per cent of the links between the Caribbean island and the rest of the world, accumulated in fact a USD 1-billion-deficit in the past decade, using up every year as much as 10 per cent of the country's GDP. Reason why the...

AVIONEWS - World Aeronautical Press Agency - 1082512

AVIONEWS - World Aeronautical Press Agency
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