Low cost regional carrier REDjet, which attracted many passengers in Guyana and other parts of the Caribbean, yesterday formally signalled its closure and applied for bankruptcy protection.
The Barbados-based carrier had suspended operations in March, after competition from other airlines put it severely in the red. Attempts to get financing from the Barbados and Guyana governments failed and the airline remained grounded.
REDjet had attracted a strong Guyanese clientele with its low ratesand a number of direct routes from here had been introduced. Guyana, Jamaica, Antigua, Barbados and Trinidad and Tobago were serviced by REDjet, but there had, however, been concerns that a low-budget carrier would have a hard time surviving