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CAL makes $200m profit

Caribbean Airlines Ltd (CAL) chairman George Nicholas is boasting that despite recent troubles, the national airline not only raked in $200 million in profits, but is also putting money back into the country's coffers. "We will close a profit of $200 million this year, even with reduced fares and increased flights. Accordingly we are able to put millions into the treasury," he said. Nicholas made the statement at he welcomed the first of nine new aircraft at the Piarco… ( More...

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