Headline: REDjet's licence revoked in T&T
This article was about the Trinidad and Tobago Civil Aviation Authority revoking the licence of REDjet due to their financial problems and their frequent disruptions of service. This was no suprise to me since their business model is flawed. Their prices are simply too low; even though good for consumers. Theier revenue is too low which means they can't match costs. To compond the problem fuel prices are high and they are not subsided like their competitor.
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