REDJet, which bills itself as “The Caribbean’s Low Fare Airline, ” suddenly announced that it would suspend services last week, blaming fare cuts from government-subsidised competitors.

But on Tuesday the airline revised that announcement, stating on its website that though Monday flights had been cancelled, “all tickets for future travel remain valid.”

The Barbados-based airline began offering flights in May 2011 with steeply discounted fares to Guyana, later expanding to Jamaica and Trinidad and Tobago. While popular, the airline’s current pricing system is not sustainable, the company said in a Friday press release announcing that service would cease on Monday “until further notice.”

“We have seen other carriers drastically cut their fares in an effort to shut down REDjet and return to high fares and business as usual with no regard to the negative impact on travellers,” the release stated. “Unlike us, they do not have to be profitable to stay in business.”

 

See the March 22, 2012 edition for full coverage.

 

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