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Caribbean Star Airlines announces cutbacks

Thursday, February 1, 2007

ST JOHN'S, Antigua: Caribbean Star Airlines Ltd. has announced a new series of cutbacks, including staff reductions and the closure of all four of the airline's city ticket offices across the region. The changes will become effective as of February 1, 2007.

Caribbean Star trimmed its fleet by four aircraft on January 15, 2007 and reduced its flight operations to better correspond with the smaller fleet size. As a result, Caribbean Star will reduce its staff of 470 employees by a corresponding number – approximately 40%. The last day of employment for affected staff is January 31, 2007, though salaries will continue to be paid and benefits provided through the end of February 2007.

Effective February 1, 2007 all Caribbean Star city ticket offices will close. Caribbean Star has a total of four city ticket offices – two in Antigua and one each in Barbados and St Kitts.

Caribbean Star Airlines Ltd. was incorporated in Antigua in January 2000 and offers scheduled intra-regional passenger air transportation and cargo services within the eastern and southern Caribbean. Effective February 1, 2007, Caribbean Star and LIAT will enter into a commercial alliance whereby the flight operations of both carriers will be combined.

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