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February 27, 2010 - Kingston, Jamaica - Air Jamaica Staff Acquisition Group (AJSAG), has been informed that the Government of Jamaica, in pursuit of the privatization of Air Jamaica to Caribbean Airlines, has recently filed a request with the United States (US) authorities seeking a waiver of certain requirements under the Open Skies Agreement between Jamaica and the United States.
Which stipulates
that airlines designated by either party under the Open Skies Agreement
must be substantially owned and operated by nationals of the requesting
party.
The AJSAG
understands that the granting of the waiver of the nationality
requirement is a pre condition for the successful conclusion of the
negotiations.
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Based on the
information received, AJSAG understands further, that the government
is considering the designation of Caribbean Airlines as the
exclusive national carrier of
The Group
takes this opportunity to serve notice on the Government of Jamaica
and Caribbean Airlines that it intends to take legal action to
protect
Air
During the
1970s, Air |
During the 1980s,
growth slowed. Nevertheless, new routes were still opened, to
In 1994 the
company was partially privatized, with the government retaining 25% of
the company and giving 5% of it to the airline's employees. In December
2004, after financial losses, the Government of Jamaica took back full
ownership of Air
In September 2007,
the new Jamaican government began to consider privatization of Air
In December 2009,
it was reported that the Prime Minister of Jamaica had recently approach
the Government of Trinidad and
It has now been
decided that Air Jamaica will be sold to Caribbean Airlines of Trinidad
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