Con­sul­tant Ed­i­tor - In­ves­ti­ga­tions

Caribbean Air­lines (CAL) is seek­ing a fi­nan­cial bailout from the Gov­ern­ment to counter the ris­ing cost of fu­el as a re­sult of the US/Is­rael war against Iran and its im­pact on the car­ri­er’s op­er­a­tional costs.

Guardian Me­dia un­der­stands the CAL board put for­ward sev­er­al op­tions to the Min­istry of Fi­nance dur­ing a meet­ing two weeks ago to cush­ion the air­line- the in­tro­duc­tion of a fu­el sur­charge on tick­ets, the re­moval of the sub­sidy on the air­bridge, an in­crease in the over­all cost of tick­ets and a fur­ther slash­ing of low­er rev­enue routes.