Finance Minister Colm Imbert

Finance Minister Colm Imbert

ACTING Prime Minister Colm Imbert skirted a question on whether Caribbean Airlines was considering cancelling the lease arrangement with Boeing for 12 737 Max aircraft.

The supplementary question was posed by Wade Mark in the Senate yesterday. “CAL has made arrangements to extend the leases of its current fleet (of Boeing 737 aircraft) as and when required,” Imbert said.

Imbert said in December 2018 CAL executed lease agreements with two lessors for operating leases with 12 737 Max aircraft to replace the current fleet of 737 jets. He said subsequent to the two crashes involving Max aircraft, CAL had been in constant contact with the lessors and Boeing in order to be fully apprised of the developments and findings as regulatory investigations take place.

“In terms of the status of the agreement to lease the Max 8 aircraft, this lease agreement is subject to the lessor providing all approval documentation and certification of air worthiness from the FAA, which has not yet occurred. If the aircraft are not certified as air worthy then CAL will be under no obligation to accept them or pay for them. In the interim CAL has made arrangements to extend the leases of its current fleet of Boeing 737 aircraft as and when required to ensure a smooth continuity of its flight operations.”

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