REDjet still negotiating for state subsidy

REDjet, the Caribbean's first discount airline which suspended all flights as of late Friday because of financial problems, said that it continues to negotiate with relevant authorities, but declined to give details.



In a two-paragraph notice posted on its website, the airline said that because of the sensitive nature of the talks, it "cannot comment any further at this time."



It also said that although flights have been suspended, "REDjet staff continue(s) to work around the clock to maintain the integrity of our business and to ensure a smooth and efficient transition when we resume service.



“We appreciate your patience and loyalty and will update our passengers as soon as more information becomes available."



In a statement on Friday REDjet said it has cancelled all flights and will offer passengers refunds.



Chief executive officer Ian Burns says he hopes the company will receive government subsidies – as do other airlines – to help it restart service.



REDjet had struggled to obtain permission from government regulators to operate in several Caribbean islands including Trinidad and Jamaica. The company had also sought permission to fly to the U.S.



The Barbados-based airline company began serving the Caribbean in May 2011.



business@gleanerjm.com