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Eastern Caribbean Airlines enters agreement with IJAC

Airline Industry Information, June 23, 2005

AIRLINE INDUSTRY INFORMATION-(C)1997-2005 M2 COMMUNICATIONS LTD

Eastern Caribbean Airlines, a wholly owned subsidiary of Viva International Inc, has entered into a charter agreement with IJAC of Puerto Rico.

Under the terms of the one-year agreement there will be five weekly charter flights between Isla Grande Airport in San Juan to Herrera Airport in Santo Domingo. According to Viva, flights will commence on 30 June 2005 and are expected to yield an annual revenue of more than USD450,000.

Viva International Inc is reportedly a holding entity that specialises in the acquisition and development of undervalued commercial airlines and aviation outsourcing companies.

((Comments on this story may be sent to aii.feedback@m2.com))

COPYRIGHT 2005 M2 Communications Ltd.
COPYRIGHT 2008 Gale, Cengage Learning
 

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