MONTEGO BAY, Jamaica
-- Air Jamaica Express will suspend operations Oct. 14, due to the
high costs of fuel, ongoing turbulence in the aviation industry and
a review of market conditions, which signaled diminishing returns,
according to a statement released by the carrier.
The airline
connected Jamaicas airports in Montego Bay, Kingston and Ocho Rios
and also served Cuba, the Bahamas, the Turks and Caicos, the
Dominican Republic and the Cayman Islands.
Gordon Butch
Stewart, chairman of Sandals and Beaches Resorts, has been the
carriers major shareholder since last December. Prior to that, Air
Jamaica Express was managed by Air Jamaica, which had been
controlled by Stewart until he pulled out of the carrier last
winter and the government took it over.
To contact
the reporter who wrote this article, send e-mail to Gay Nagle Myers
at [email protected].