CAL to begin phased replacement of fleet

CAL Chairman Philip Rankin and CAL CEO Fabian Whorms

(CNS Business): Government has confirmed its approval of plans by Cayman Airways Limited (CAL) to begin phasing in a brand new fleet of modern aircraft to meet the expected growth in tourism. The national flag carrier is about to begin the tendering process to lease four new 737-8Max aircraft to replace its aging fleet. Despite years of government subsidies, CAL began to turn a profit for the first time last year and executives said their plans to lease modern planes, which will allow them to fly more people using less fuel, will enhance the airline’s bottom line and help the local tourism product.

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