LCC Norwegian will withdraw from the Caribbean market in March after concluding that its flights to the region are not financially viable.

The airline provides seasonal services from New York JFK, Fort Lauderdale and Montreal to the French overseas territories of Guadeloupe and Martinique, as well as from Guadeloupe and Martinique to Cayenne in French Guyana. It will not return to the French Caribbean when the flights end for the season next month.

“We will withdraw all routes serving the French Caribbean from March 31, 2019. As a cost-disciplined company, we’re currently optimizing our global network to ensure we focus on developing sustainable routes that best serve our customers,” a Norwegian spokesperson confirmed to ATW.

“Our strategic focus is transitioning from growth to profitability and, following a review of our French Caribbean services, we have decided to withdraw these operations as they were not financially sustainable."

Norwegian said earlier this month that it will slash capacity and divest 13 additional aircraft this year in a bid to stem spiraling losses, which widened to NOK3 billion ($350 million) in the fourth quarter of 2018.

The airline had already announced a series of base closures and plans for a NOK3 billion rights issue in an attempt to increase liquidity in the absence of a strategic investor, after International Airlines Group said it would sell its 3.93% stake in Norwegian and would not make any more takeover offers for the airline.

Kerry Reals, kerry@realsreporting.com