Who owns bwia

Welcome to flightglobal. This site uses cookies. Read our policy. The move follows years of financial losses at BWIA, and a recent impasse in concessions talks between the carrier and its unions, which threatened its planned reorganisation.

BWIA will continue uninterrupted service while management transitions to Caribbean Airlines, which is expected to launch regional and international flights in early Eligible BWIA employees will be offered separation packages and will be given the opportunity to apply for positions with Caribbean Airlines.

Two of its seven Boeing s are being returned to their lessors. This means extending its operations in Antigua and Barbados and expanding into Puerto Rico.

It is one of reassessing our priorities and building a viable network for spring Lebanese carrier Middle East Airlines has pushed back delivery of its four Airbus Aneos until as it bids to recover from the dual challenges of the pandemic and economic crisis in Lebanon. GE Aviation has completed dust-ingestion testing on its new GE9X engine for the Boeing X, as the propulsion specialist eyes a potential third application for the widebody turbofan.

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At face value, BWIA was in a strong financial position at the turn of the century. Indeed, saw it carry 1. However, despite these earnings, BWIA continued to make losses. Financial injections from the Trinidad and Tobago government helped to prop it up, but, in September , the carrier announced its closure after 66 years of service.

The government agreed that a new carrier, known as Caribbean Airlines , would take over its role, starting in January However, Caribbean Airlines started off as a somewhat streamlined re-incarnation, with routes to the likes of London, Manchester, New York , and Toronto being cut.

As such, the airline, which celebrated its 14th anniversary earlier this year, has more of a short to medium-haul focus.