REGIONAL Carrier, Caribbean Airlines (CAL), is reporting a 21 percent increase in revenue over the last year.
In a statement on Thursday, the Airline says this follows a 7% increase in the demand on passenger revenue.
The statement said that with a revenue boost from strong passenger demand and increased cargo business together with enhanced cost management, Caribbean Airlines got off to a great start in 2018.
The overall numbers show an increase of 21% in revenue and 64% in earnings year on year.
“It’s been an excellent start to the year. In what has traditionally been our toughest quarter, we’ve seen increases in revenue on some of our top routes and made great strides on the development and implementation of our strategic plan.”
The airline says other areas of growth included Cargo – with 21% increase in revenue and passenger revenue that drew by 22%.