Skip to main content

Caribbean Star marks final flight, transfers assets to LIAT

Advocate: "THE seven-year-old Caribbean Star operated its final flight yesterday, marking a takeover by competitor LIAT, in a buyout that Chairman, Jean Holder, describes as 'one of the most significant business deals in the history of the Caribbean' . Late last month, the two carriers finalised and executed an agreement that facilitated the transfer of Caribbean Star's assets to LIAT. That asset purchase agreement did not include the remaining five aircrafts leased by Caribbean Star, which are expected to be transferred to LIAT in a separate transaction expected to coincide with today's closure of the carrier, owned by Antigua-based Texan billionaire, Sir Allen Stanford."

Popular posts from this blog

5 Vacation Destinations For The Wannabe Rich

sfgate.com"Celebrities are known for their lavish vacations. But just because you can't gain access to a private Caribbean beach doesn't mean you must always resign yourself to road trip when you're seeking vacation bliss. The following four vacations provide some of the key features of a celebrity vacation, but are available at a price the non-elite can afford."
Related articles by Zemanta3 Best Vacation Destinations To Be A Black Woman This Summer (hellobeautiful.com)10 things to love about the Caribbean: Rainforests, hot beaches, cool pina coladas and more (flycaribbean.com)Caribbean vacations travel guide (Kindle Edition) (harrys-travel.com)

Aruba

Forbes, I have been a long time vacation homeowner on Aruba, the tiny Dutch Caribbean island off the coast of Venezuela. Only 20 miles long and 6 miles across, the cactus-filled, dry island features my favorite beach in the entire world. Endless days spent on the famed Eagle Beach floating in crystal clear, aquamarine warm waters is why massive throngs of tourists return annually to this island paradise.

Sandals to re-open

Lonely Planet The Jamaican operator intends to re-open most of its resorts on June 4, followed by its two Bahamas properties on July 1. It has introduced new protocols that range from enhanced cleaning routines to required temperature checks for team members before starting a shift and is introducing a new online check-in procedure that allows guests to go straight to their rooms upon arrival.