History
Caribbean Airlines was incorporated in the Republic of Trinidad and Tobago on 27 September 2006.
In September 2006, following the recommendation of Peter Davies, the CEO of BWIA West Indies Airways, Caribbean Airlines got approval from the Trinidad and Tobago government to begin operations, after the failed negotiations between the unions and the management of its predecessor, BWIA. As a result, it was announced on 8 September 2006, that BWIA was to be shut down before the launch of Caribbean Airlines.
During the last quarter of 2006, in an effort to scale down operations for the start of Caribbean Airlines, BWIA's management cut routes such as Manchester Airport, London Heathrow Airport, New York City and Toronto, with intermediate stops at Barbados or Antigua, ceased services to and from Saint Lucia, cut its fleet to six Boeing 737-800 aircraft retrofitted with wingtip devices and reduced its staff to 800, with a majority of the staff former BWIA workers now contracted.
The new airline's capital included funds to close and settle BWIA's operations. The company commenced operations on 1 January 2007, servicing the remaining routes of BWIA.
In the first half of 2007, two Airbus A340-300 planes and a Boeing 737-800 were returned to International Lease Finance Corporation (ILFC) and GE Commercial Aviation Services (GECAS), respectively.
On 27 July 2009, Mr. Philip Saunders announced his resignation as CEO of Caribbean Airlines, due to personal reasons. Caribbean Airlines appointed Captain Ian Brunton in October 2009 as CEO of the airline.
Read more about this topic: Caribbean Airlines
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