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Dynamic cuts staff, halts Ecuador, Asia operations

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bimjim
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Dynamic cuts staff, halts Ecuador, Asia operations

Unread post by bimjim » Wed Sep 27, 2017

https://guyanachronicle.com/2017/09/26/ ... operations
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Dynamic cuts staff, halts Ecuador, Asia operations
September 26, 2017

US-BASED airline, Dynamic Airways International has drastically cut its staff as well as operations to two destinations. On Monday, reports surfaced that the problematic airline is expected to cease its operations in Guyana within the coming weeks.

According to a report on the online aviation news site ch-aviation.com, since filing its bankruptcy petition in July this year, Dynamic has cut its workforce from 192 to 132. The report stated that the air carrier is expected to trim back on its Guyana operations and focus on leasing its services through an arrangement known as ACMI (aircraft, complete crew, maintenance, and insurance).

The wet-lease arrangement is one in which one airline (the lessor) provides services to another airline or other type of business acting as a broker of air travel (the lessee). The latter pays by hours operated.

The report stated that the North-Carolina-based carrier has already established contracts with two airline operators at other destinations. Dynamic suspended its Asian operations in August, after an engine problem precipitated an early end to the season.

Following flight permit problems in Ecuador, Dynamic recently cut flights to Guayaquil with its last remaining scheduled service being the lucrative New York (JFK) – Georgetown (CJIA) route.

The report stated that the airline plans to consolidate from five weekly flights, down to as little as once weekly between the two destinations, by October 7, next. Dynamic may, after that, consider cutting the route altogether.

The report also stated, that under its new operating structure, Dynamic has made significant inroads into its passenger liability and will fly off the remainder by the end of its Guyana operations. Guyanese travellers are worried though about the new developments.

Several persons have noted on social media that they have booked to travel with the air-carrier during the last quarter of 2017. The local representative of the airline, Roraima Airways, has remained mum.

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