REDJet makes profit

Low cost airline REDjet, is reporting that it has made a profit on the Guyana to Barbados route, three months after it launched the service.



The airline’s chief executive officer, Ian Burns, says the company was able to break even within four weeks of operation on the route and saw profits after 7 weeks.



Meanwhile, the Barbados-based airline, which had been experiencing problems launching its service to Trinidad and Tobago and Jamaica, yesterday made its inaugural flight to Piarco International airport in Port of Spain.



Burns says since REDjet made its entrance in the regional market, air fares had dropped by almost 72 per cent on the routes on which it is providing competition for other regional airlines.