CAL hails financial success in first nine months of 2019

Caribbean Airlines (CAL) has hailed its latest financial results for the first nine months of 2019. The airline’s results showed earnings before interest and taxes (EBIT) of $121 million, comprising of $153 million on international and other operations, and negative $32 million on the domestic air-bridge. Revenue, it said, for the nine months was $2.3 billion, up 3.8% year-on-year. In a statement, CAL attributes its success to the implementation of new technology, expansion of the airline’s route network, an increase in passenger demand and cargo business together with enhanced cost management. “It has truly been a breakout year for Caribbean