REDjet Airlines Out Of Business In 10 Months
Basseterre, St. Kitts – Nevis
April 04, 2012 (CUOPM)
Chairman of the Barbados-based Caribbean Tourism Organisation (CTO) Sen. the Hon. Richard Skerritt says the Barbados-based low cost carrier, REDjet should serve as a motivator for developing an environment that would encourage intra-regional travel, noting that during its 10 months of operations the airline had showed there is a pent up demand for such travel.
Mr. Skerritt, who is also Minister of Tourism and International Transport for St. Kitts and Nevis, told the Caribbean Media Corporation (CMC) that REDjet had been able to make a significant dent in intra-regional travel “which is being stifled by both capacity and ticket prices.”
“So there is no question that Caribbean people want to travel in the region at the right price, at the right aircraft at the right time.” REDjet was a costly experiment for the investors who put REDjet in place.
“It is a pity that REDjet had to collapse as a business so quickly,” Skerritt told CMC.