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[Barbados] Over for REDjet

News about this airline - please include a link to the source as well as the article text itself.
Wiki: http://en.wikipedia.org/wiki/Airone_Caribbean
Web Site: http://www.flyredjet.com/
Started out in 2010 as Project named Air One
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bimjim
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[Barbados] Over for REDjet

Unread post by bimjim » Sat Jun 09, 2012

http://www.nationnews.com/articles/view ... or-redjet/

[Barbados] Over for REDjet
BY DAWNE PARRIS
SAT, JUNE 09, 2012

FINANCIALLY TROUBLED airline REDjet has officially gone under.

A day after dismissing the remaining 94 employees, the carrier announced it had shut its Barbados operations and was filing for bankruptcy, blocking any legal proceedings by passengers and others owed by the airline.

“Airone Ventures Limited, doing business as REDjet, hereby announces the suspension of all operations in Barbados. REDjet profoundly regrets this decision and its impact on its suppliers, staff and passengers,” said a statement from the airline.

The airline filed a “Notice of Intention to Make a Proposal” to creditors with the Supervisor of Insolvency, under the Bankruptcy And Insolvency Act, putting it under the control of trustee Grenville W. Phillips.

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