European Commission authorized two state aid measures for Air Caraibes, enabling it to cut operating costs for its regional services. The aid will permit the airline to lease a new Embraer 190 for use between Guadeloupe, Martinique and French Guiana and a new ATR 72-500 for use between Guadeloupe, Martinique and Saint Martin at a reduced rate owing to tax credits received by the lessors. One of the measures replaces aid approved in February but cancelled by French authorities. The EC said ...

Subscribe to Access this Entire Article

"Printer-friendly" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.