Caribbean Airlines says its pricing strategies are carefully balanced against the financial realities of the aviation industry.
The airline issued a statement today in which it sought to justify its rationale for maintaining its pricing in US dollars despite T&T’s forex issues.
It says about 70% of operational and other expenses, including aircraft operating leases, engine maintenance and fuel, are payable in foreign currencies.
The airline adds that because of this economic reality, a balanced approach is needed for financial sustainability and operational viability.
It clarifies that while certain TT dollar transactions can be facilitated online, tickets can be purchased in TT dollars at all its offices in Trinidad and Tobago.
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