Category Archives: PR News

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Absolut Karnival Takes Carnival by Storm in Trinidad and Tobago

MIAMI, Feb. 27, 2014 /PRNewswire/ — Absolut is proud to announce that the world-renowned vodka will be unveiling its newest flavor and bottle, Absolut Karnival, at one of the world’s most prominent carnival celebrations in Trinidad and Tobago. The passion fruit and orange blossom-flavored limited edition Absolut Karnival will capture the transformative energy of Carnival.

(Photo:  http://photos.prnewswire.com/prnh/20140227/FL73910)

Inspired by carnival and launched in a big way, Absolut will be participating, or “playing mas” as it is known locally, in Port of Spain for the first time with the bottle’s exclusively designed characters. The Absolut Karnival Cocktail truck that features the distinct shape of the Absolut bottle will be strutting down the parade route with one of the island’s most revered bands, Harts.

The alignment with Harts joins one of the island’s most premium bands with the premium vodka brand. The family owned band that has been around for more than 50 years and has won Carnival five times is welcoming the Absolut Karnival Cocktail truck for the first time.

Absolut unveils the newest Karnival bottle design, featuring artwork by the Brazilian graphic novel artist and writer Rafael Grampa. The five characters symbolize freedom, spirit, smoothness, style and happiness; elements that are vital to the joy and celebration of carnival.

All five characters, along with stilt walkers, will be playing mas on Carnival Monday, March 3 and Tuesday, March 4 with “masqueraders” and Absolut personnel will be handing out complimentary samples.

Look for the Absolut Karnival Cocktail truck playing mas with Harts and get your taste of Karnival.

The Absolut Company has the worldwide responsibility for the production, innovation and strategic marketing of Absolut Vodka, Malibu, Kahlua, Wyborowa, Luksusowa and Fris. Absolut Vodka is the world’s fourth largest premium spirits brand. Every bottle of Absolut Vodka is produced in Åhus, southern Sweden. Malibu is the number one rum-based coconut spirit in the world, sold in more than 150 countries. Kahlua coffee liqueur is the world leader in its category. The head office is located in Stockholm, Sweden. The Absolut Company is a part of Pernod Ricard, which holds one of the most prestigious brand portfolios in the sector.

For additional information on Absolut Karnival, artist Rafael Grampa, and Absolut products, please visit www.absolut.com.

CONTACT: For additional information and images of Absolut Karnival’s participation in Trinidad & Tobago’s carnival, contact: Jessica Drouet, MGSCOMM, Jessica@mgscomm.com, +1 786 433 4069

My Haiti Travels Concludes Successful “Impact Week” Voyage And Unveils New “Jacmel Getaway” Vacation Package Scheduled In May 2014

myhaiti

FOR IMMEDIATE RELEASE

Impact Week Haiti 2014 tour in Port-au-Prince, presented My Haiti Travels

Impact Week Haiti 2014 tour in Port-au-Prince, presented My Haiti Travels

CaribPR Wire, NEW YORK, NY, Thurs. February 27, 2014: My Haiti Travels, a New York-based boutique concierge firm that produces high-quality travel experiences with a social impact for groups seeking to explore Haiti for leisure and business purposes, successfully presented its second annual “Impact Week” signature expedition to Port-au-Prince, Haiti in January.  My Haiti Travels also announced the introduction of its new “Jacmel Getaway” to be held on Thursday, May 22 to Monday, May 26, 2014. An unforgettable travel experience that will explore art, film and a taste of Caribbean life, the “Jacmel Getaway” will take tourists on an enchanting journey into the cultural center of Haiti.

Building upon its inaugural “Impact Week” voyage, My Haiti Travels doubled the number of 2014 participants to 30 U.S.-based travelers.  Ranging in age from teenagers to baby boomers, the diverse group represented a multicultural mix of tourists of Haitian, African-American, Latino and European descent.  Once again, My Haiti Travels staff worked diligently with local professionals across Haiti’s hospitality and tourism sector to provide a safe, meaningful and fun experience.  Travelers are invited to save the date for the next “Impact Week” Haiti tour that is scheduled on January 15-19, 2015.

The 2014 “Impact Week” trip exposed tourists to a variety of cultural landmarks and excursions, including touring the Haitian National Museum, mountain hiking to Kay Piat followed by swimming in a natural spring and a souvenir market outing.  Entertainment and leisure activities consisted of live music, fine dining and a private rum tasting.  Guests also enjoyed deluxe hotel stays at the BW Premier Petion-Ville and Wahoo Bay Beach Club & Resort on the Arcadins Coast, a popular Caribbean beach destination.

To commemorate the Martin Luther King, Jr. Day holiday in the U.S., “Impact Week” featured a Project Day for the second consecutive year to provide volunteer services to students of PRODEV’s (Progress and Development through the Youth of Haiti) Ecole Nouvelle Zoranje in the Village de La Renaissance.  Established in 1995 to empower the youth of Haiti through education, PRODEV is a Haitian-led non-profit, non-political foundation officially recognized by the government of Haiti.

A new “Jacmel Getaway” vacation package, scheduled during the Memorial Day Weekend holiday in the U.S., will expand upon My Haiti Travels’ current offerings in the island nation’s capital of Port-au-Prince to the vibrant town of Jacmel.  Located in the Southeastern part of Haiti, Jacmel is renowned for its carnival, film festival, talented artisans, colonial architecture and serene waterfalls.

“Haiti’s tourism industry has tremendous potential, and we are very pleased with the growth of our signature Impact Week voyage as well as our new Jacmel Getaway vacation package in May of this year,” said Dina Simon, founder and managing director, My Haiti Travels.  “Our Jacmel Getaway promises to be an unforgettable travel experience for all couples, singles and art lovers seeking a little taste of Caribbean life in the cultural center of Haiti.”

The 2014 “Jacmel Getaway” is a complete vacation package comprising a full schedule of activities.  The all-inclusive five-day and four-night itinerary features premium hotel accommodations, private ground transportation including round-trip airport transfers and travel to Jacmel, art and film expeditions, live Haitian cultural performances, private chef and dining at top restaurants, a masquerade party and souvenir shopping at local Haitian artisan shops.

The My Haiti Travels agency was founded by Dina Simon shortly following the devastating earthquake of January 2010 to support the resurgence of tourism and investment in Haiti, and to promote the patronage of local businesses, hotel and resort establishments and restaurants.  With a vision to showcase “Haiti Through Our Eyes,” My Haiti Travels delivers a mix of civic and social activities that capture Haiti’s rich culture, which is rooted in Taino, European and African heritage.  Haiti is the first independent sovereign nation in Latin America and the Caribbean, and the first black republic in the world when it declared independence from France during the Haitian Revolution on January 1, 1804.

2014 media partners of “Impact Week” included Bel Ti Fi, Crème Magazine, Haitian All-Starz, The Haitian Times, HaitiXChange, Kiskeácity, Lumiere Magazine, Manman Pemba, Radio Soleil and The Stewardship Report.

A discounted early-bird registration rate for the “Jacmel Getaway” vacation package is now available through March 22, 2014.  For more information regarding the upcoming “Jacmel Getaway” scheduled on May 22–26, 2014, please contact My Haiti Travels at info@myhaititravels.com or visit www.JacmelGetaway.com

###

About My Haiti Travels

My Haiti Travels (MHT) is a New York-based boutique concierge firm that coordinates and produces high-quality travel experiences with a social impact for groups seeking to explore Haiti for leisure and business purposes.  Each January My Haiti Travels presents the IMPACT WEEK tour (www.ImpactWeekHaiti.com), a five-day and four-night all-inclusive voyage filled with leisure activities, volunteerism, networking and touristic exploration of Port-au-Prince, Haiti during the Martin Luther King, Jr. Day holiday.  The inaugural JACMEL GETAWAY vacation package (www.JacmelGetaway.com) will be presented by My Haiti Travels on May 22–26, 2014 during the Memorial Day Weekend holiday.  To educate people about Haiti and its rich culture, My Haiti Travels also publishes the “Haiti Through Our Eyes” newsletter that features guest blogs and travel stories.  Follow My Haiti Travels on Facebook, Twitter, Instagram, Pinterest, Tumblr and YouTube.

My Haiti Travels Concludes Successful “Impact Week” Voyage And Unveils New “Jacmel Getaway” Vacation Package Scheduled In May 2014

myhaiti

FOR IMMEDIATE RELEASE

Impact Week Haiti 2014 tour in Port-au-Prince, presented My Haiti Travels

Impact Week Haiti 2014 tour in Port-au-Prince, presented My Haiti Travels

CaribPR Wire, NEW YORK, NY, Thurs. February 27, 2014: My Haiti Travels, a New York-based boutique concierge firm that produces high-quality travel experiences with a social impact for groups seeking to explore Haiti for leisure and business purposes, successfully presented its second annual “Impact Week” signature expedition to Port-au-Prince, Haiti in January.  My Haiti Travels also announced the introduction of its new “Jacmel Getaway” to be held on Thursday, May 22 to Monday, May 26, 2014. An unforgettable travel experience that will explore art, film and a taste of Caribbean life, the “Jacmel Getaway” will take tourists on an enchanting journey into the cultural center of Haiti.

Building upon its inaugural “Impact Week” voyage, My Haiti Travels doubled the number of 2014 participants to 30 U.S.-based travelers.  Ranging in age from teenagers to baby boomers, the diverse group represented a multicultural mix of tourists of Haitian, African-American, Latino and European descent.  Once again, My Haiti Travels staff worked diligently with local professionals across Haiti’s hospitality and tourism sector to provide a safe, meaningful and fun experience.  Travelers are invited to save the date for the next “Impact Week” Haiti tour that is scheduled on January 15-19, 2015.

The 2014 “Impact Week” trip exposed tourists to a variety of cultural landmarks and excursions, including touring the Haitian National Museum, mountain hiking to Kay Piat followed by swimming in a natural spring and a souvenir market outing.  Entertainment and leisure activities consisted of live music, fine dining and a private rum tasting.  Guests also enjoyed deluxe hotel stays at the BW Premier Petion-Ville and Wahoo Bay Beach Club & Resort on the Arcadins Coast, a popular Caribbean beach destination.

To commemorate the Martin Luther King, Jr. Day holiday in the U.S., “Impact Week” featured a Project Day for the second consecutive year to provide volunteer services to students of PRODEV’s (Progress and Development through the Youth of Haiti) Ecole Nouvelle Zoranje in the Village de La Renaissance.  Established in 1995 to empower the youth of Haiti through education, PRODEV is a Haitian-led non-profit, non-political foundation officially recognized by the government of Haiti.

A new “Jacmel Getaway” vacation package, scheduled during the Memorial Day Weekend holiday in the U.S., will expand upon My Haiti Travels’ current offerings in the island nation’s capital of Port-au-Prince to the vibrant town of Jacmel.  Located in the Southeastern part of Haiti, Jacmel is renowned for its carnival, film festival, talented artisans, colonial architecture and serene waterfalls.

“Haiti’s tourism industry has tremendous potential, and we are very pleased with the growth of our signature Impact Week voyage as well as our new Jacmel Getaway vacation package in May of this year,” said Dina Simon, founder and managing director, My Haiti Travels.  “Our Jacmel Getaway promises to be an unforgettable travel experience for all couples, singles and art lovers seeking a little taste of Caribbean life in the cultural center of Haiti.”

The 2014 “Jacmel Getaway” is a complete vacation package comprising a full schedule of activities.  The all-inclusive five-day and four-night itinerary features premium hotel accommodations, private ground transportation including round-trip airport transfers and travel to Jacmel, art and film expeditions, live Haitian cultural performances, private chef and dining at top restaurants, a masquerade party and souvenir shopping at local Haitian artisan shops.

The My Haiti Travels agency was founded by Dina Simon shortly following the devastating earthquake of January 2010 to support the resurgence of tourism and investment in Haiti, and to promote the patronage of local businesses, hotel and resort establishments and restaurants.  With a vision to showcase “Haiti Through Our Eyes,” My Haiti Travels delivers a mix of civic and social activities that capture Haiti’s rich culture, which is rooted in Taino, European and African heritage.  Haiti is the first independent sovereign nation in Latin America and the Caribbean, and the first black republic in the world when it declared independence from France during the Haitian Revolution on January 1, 1804.

2014 media partners of “Impact Week” included Bel Ti Fi, Crème Magazine, Haitian All-Starz, The Haitian Times, HaitiXChange, Kiskeácity, Lumiere Magazine, Manman Pemba, Radio Soleil and The Stewardship Report.

A discounted early-bird registration rate for the “Jacmel Getaway” vacation package is now available through March 22, 2014.  For more information regarding the upcoming “Jacmel Getaway” scheduled on May 22–26, 2014, please contact My Haiti Travels at info@myhaititravels.com or visit www.JacmelGetaway.com

###

About My Haiti Travels

My Haiti Travels (MHT) is a New York-based boutique concierge firm that coordinates and produces high-quality travel experiences with a social impact for groups seeking to explore Haiti for leisure and business purposes.  Each January My Haiti Travels presents the IMPACT WEEK tour (www.ImpactWeekHaiti.com), a five-day and four-night all-inclusive voyage filled with leisure activities, volunteerism, networking and touristic exploration of Port-au-Prince, Haiti during the Martin Luther King, Jr. Day holiday.  The inaugural JACMEL GETAWAY vacation package (www.JacmelGetaway.com) will be presented by My Haiti Travels on May 22–26, 2014 during the Memorial Day Weekend holiday.  To educate people about Haiti and its rich culture, My Haiti Travels also publishes the “Haiti Through Our Eyes” newsletter that features guest blogs and travel stories.  Follow My Haiti Travels on Facebook, Twitter, Instagram, Pinterest, Tumblr and YouTube.

Dominica Hotelier Urges St. Vincent Prime Minister To Step Aside As Chair Of LIAT

CaribPR Wire, PORSTMOUTH, Dominica , Tues. Feb. 25, 2014: Dominica hotelier, Gregor Nassief, is urging St. Vincent & the Grenadines Prime Minister, Ralph Gonsalves, to step aside as chairman of the shareholder’s committee of regional airline LIAT, in a fourth open letter to the shareholders. Nassief insists that since Gonsalves believes LIAT can never be profitable, then the airline urgently needs a new chairman and ‘general’ who can find a new approach for taking LIAT and the Caribbean aviation industry forward without a perpetual and unfair burden on the treasuries of St. Vincent, Antigua, Barbados and Dominica. The open letter follows.

February 25, 2014

Honourable Dr. Ralph Gonsalves of St. Vincent and the Grenadines

LIAT (1974) LTD

V.C. Bird International Airport

P O Box 819

Coolidge

Antigua

Dear Prime Minister Gonsalves:

Re:  Run it like a business before it goes out of business

On the televised program Time to Face the Facts on Sunday, February 23rd, I appealed to you to step aside as Chairman of the Shareholder’s committee of LIAT.  As mentioned on the program, given the respect and admiration I have for you, particularly on your stance and leadership on issues such as reparations and the cholera outbreak in Haiti, it was personally difficult for me to do this.  But it is necessary.

LIAT has moved from an operational meltdown in the Summer of 2013 to a financial meltdown a mere 7 months later.  LIAT drains our treasuries, operates inefficiently and stifles competition.  The source of LIAT’s problem is its financial unsustainability and as with everything else at LIAT, no one is accountable.  As Chairman of the Shareholder’s committee, the buck stops with you.

LIAT needs to fight the battle of its life to transform itself to be financially viable and sustainable.  But you believe, and have stated so publicly, that LIAT can never be profitable.  This battle, therefore, needs a different general.

Unsustainability

LIAT has lost ec$120m in the last four years.  Last month, LIAT could not pay both the lease on its aircraft as well as its payroll.  So it chose one and delayed the other.  A leased ATR gives 36% more seat capacity than its closest Dash 8 equivalent but is double the (lease) expense.  In 2015, repayments will begin on LIAT’s recent loan of us$65m to purchase new aircraft.   So monthly cash outflows go up even more.

And the new inflows to cover this?  Inter-island tourism is down 60% in 7 years and LIAT’s load factor is running at about 55%.  The fantasy (aka “business plan”) is that the load factor will go up to 75%.  The fantasy is also that LIAT will fly its way out of losses by expanding to new destinations – Jamaica, Haiti, Aruba, Panama, and eventually to cities in North and South America.

LIAT employs 850+ people, flies 22 destinations, operates between 10 and 12 aircraft from 2 hubs (3 if you count Trinidad) to move 800,000+ passengers a year to generate massive losses.

So it’s bail out time again.  Call on shareholders, and call on other good neighbors so that we can continue to drain our treasuries, operate inefficiently and stifle competition.  And for you this is acceptable because LIAT should not be run like a business and can never make a profit.

Our fragile economies can no longer support perpetual bailouts.  If we do not take the bull by the horns LIAT will go out of business – it will employ no one, fly nowhere, operate no aircraft and use no hubs.  But alas, it will generate no losses and competitive players will fill the gaps because LIAT, the airline unfairly propped up by perpetual subsidies, will not be there to run them out of business.

LIAT must therefore immediately begin a journey towards financial sustainability to save itself.  But if the leader does not believe in the journey, then the journey will never begin.  It is on this basis, with full respect and admiration, that I ask you to step aside as Chairman of the Shareholder’s committee, so that a new mandate to make LIAT financially sustainable can be ushered in.

Sustainability

The new chairman of the Shareholder’s committee needs to believe that the battle can be won.  And what needs to be done is not rocket science.

Appoint a Chairman and a Board capable of turning around the financial fortunes of the company and running a top-notch airline.  Give them the authority and autonomy to do what needs to be done.  Allow them to appoint a CEO and restructure the management team as necessary.   Allow LIAT to become a real business free from political interference tasked with a perfect safety record, high employee satisfaction, great customer service and solid financial performance.  A fierce focus on the company’s finances with adjustments made to yield (including renegotiation of government/airport taxes), network efficiency and operating costs will be required.  The resulting operation will have fewer employees, fewer destinations and fewer aircraft.  It will be profitable, dependable and it will deliver great service.  Like any airline, unprofitable routes will continue only with guarantees from the interested party/government.  But at least then, the taxpayers will know what they are paying for, and can make that decision.  And other/smaller airlines will take up the slack.  Competition will flourish, as will LIAT, and the Caribbean will finally get the airlift network it needs.

With a restructured board and executive, confidence in the airline’s financial performance will be established and other Caribbean governments may even want to invest.

At the right time, joint venture the company while maintaining a minimum 50% shares among shareholder governments.  The two best run airlines in the world (Singapore Airlines and Air Malaysia) are run like a business and are profitable and remain owned 50% or more by the State and 50% or less by private interests.  Like LIAT, they were bleeding losses and their shareholder governments could no longer manage the bailouts.  So they took the tough decisions, appointed the right board and executive team, and turned the airlines around to the benefit of all stakeholders.

Yes, it will be painful, but it is necessary.  And most importantly it will pull LIAT back from the financial cliff and put it on a course to long term financial sustainability.

Please consider that I am a hotelier from an island that is almost 80% dependent on LIAT for airlift.  Cut one route to Dominica, and we/Dominica will suffer.  But if my option is (a) to continue to have all the LIAT routes we have today with an airline that is prone to poor service, ad hoc cancellations, occasional and irrational pilot strikes and constantly at the edge of a financial precipice due to insurmountable financial losses – OR – (b) an airline with fewer routes but with good service, dependable schedules and solid financial performance, then my choice is definitely the latter.  And other airlines, once permitted, will take up the slack.

In Summary

Thomas Edison said, “I have not failed. I’ve just found 10,000 ways that won’t work.”  And then finally, he invented the electric light bulb.

We have lived through and exhausted the many ways that LIAT won’t work.  It is time to try the way that will.

I appeal to you, Prime Minister Gonsalves, as well as the other Shareholder Prime Ministers, to mandate a new approach for taking LIAT and the Caribbean aviation industry forward without this perpetual and unfair burden on our treasuries.

It is time to run it like a business before it goes out of business.

Respectfully Yours,

Gregor Nassief

Owner/Director – Secret Bay

Executive Chairman – Fort Young Hotel

cc:        Honourable Dr. Baldwin Spencer of Antigua and Barbuda

Honourable Freundel Stuart of Barbados

Honourable Roosevelt Skerrit of Dominica

p.s.       As we again desperately seek additional funds for yet another bailout, make it the last please.  Don’t put the money into the black hole of an unsustainable business model.  Instead, use it to restructure the airline, rationalize its operations and place it on a solid long term footing.  In other words, make it the last bailout!

EDITOR’S NOTE: Mr. Nassief’s full letter is also available at http://www.scribd.com/doc/209141390/Letter-to-LIAT-Chairman-of-LIAT-s-Shareholders-Committee-February-25-2014-from-Dominica-Hotelier-Gregor-Nassief

Dominica Hotelier Urges St. Vincent Prime Minister To Step Aside As Chair Of LIAT

CaribPR Wire, PORSTMOUTH, Dominica , Tues. Feb. 25, 2014: Dominica hotelier, Gregor Nassief, is urging St. Vincent & the Grenadines Prime Minister, Ralph Gonsalves, to step aside as chairman of the shareholder’s committee of regional airline LIAT, in a fourth open letter to the shareholders. Nassief insists that since Gonsalves believes LIAT can never be profitable, then the airline urgently needs a new chairman and ‘general’ who can find a new approach for taking LIAT and the Caribbean aviation industry forward without a perpetual and unfair burden on the treasuries of St. Vincent, Antigua, Barbados and Dominica. The open letter follows.

February 25, 2014

Honourable Dr. Ralph Gonsalves of St. Vincent and the Grenadines

LIAT (1974) LTD

V.C. Bird International Airport

P O Box 819

Coolidge

Antigua

Dear Prime Minister Gonsalves:

Re:  Run it like a business before it goes out of business

On the televised program Time to Face the Facts on Sunday, February 23rd, I appealed to you to step aside as Chairman of the Shareholder’s committee of LIAT.  As mentioned on the program, given the respect and admiration I have for you, particularly on your stance and leadership on issues such as reparations and the cholera outbreak in Haiti, it was personally difficult for me to do this.  But it is necessary.

LIAT has moved from an operational meltdown in the Summer of 2013 to a financial meltdown a mere 7 months later.  LIAT drains our treasuries, operates inefficiently and stifles competition.  The source of LIAT’s problem is its financial unsustainability and as with everything else at LIAT, no one is accountable.  As Chairman of the Shareholder’s committee, the buck stops with you.

LIAT needs to fight the battle of its life to transform itself to be financially viable and sustainable.  But you believe, and have stated so publicly, that LIAT can never be profitable.  This battle, therefore, needs a different general.

Unsustainability

LIAT has lost ec$120m in the last four years.  Last month, LIAT could not pay both the lease on its aircraft as well as its payroll.  So it chose one and delayed the other.  A leased ATR gives 36% more seat capacity than its closest Dash 8 equivalent but is double the (lease) expense.  In 2015, repayments will begin on LIAT’s recent loan of us$65m to purchase new aircraft.   So monthly cash outflows go up even more.

And the new inflows to cover this?  Inter-island tourism is down 60% in 7 years and LIAT’s load factor is running at about 55%.  The fantasy (aka “business plan”) is that the load factor will go up to 75%.  The fantasy is also that LIAT will fly its way out of losses by expanding to new destinations – Jamaica, Haiti, Aruba, Panama, and eventually to cities in North and South America.

LIAT employs 850+ people, flies 22 destinations, operates between 10 and 12 aircraft from 2 hubs (3 if you count Trinidad) to move 800,000+ passengers a year to generate massive losses.

So it’s bail out time again.  Call on shareholders, and call on other good neighbors so that we can continue to drain our treasuries, operate inefficiently and stifle competition.  And for you this is acceptable because LIAT should not be run like a business and can never make a profit.

Our fragile economies can no longer support perpetual bailouts.  If we do not take the bull by the horns LIAT will go out of business – it will employ no one, fly nowhere, operate no aircraft and use no hubs.  But alas, it will generate no losses and competitive players will fill the gaps because LIAT, the airline unfairly propped up by perpetual subsidies, will not be there to run them out of business.

LIAT must therefore immediately begin a journey towards financial sustainability to save itself.  But if the leader does not believe in the journey, then the journey will never begin.  It is on this basis, with full respect and admiration, that I ask you to step aside as Chairman of the Shareholder’s committee, so that a new mandate to make LIAT financially sustainable can be ushered in.

Sustainability

The new chairman of the Shareholder’s committee needs to believe that the battle can be won.  And what needs to be done is not rocket science.

Appoint a Chairman and a Board capable of turning around the financial fortunes of the company and running a top-notch airline.  Give them the authority and autonomy to do what needs to be done.  Allow them to appoint a CEO and restructure the management team as necessary.   Allow LIAT to become a real business free from political interference tasked with a perfect safety record, high employee satisfaction, great customer service and solid financial performance.  A fierce focus on the company’s finances with adjustments made to yield (including renegotiation of government/airport taxes), network efficiency and operating costs will be required.  The resulting operation will have fewer employees, fewer destinations and fewer aircraft.  It will be profitable, dependable and it will deliver great service.  Like any airline, unprofitable routes will continue only with guarantees from the interested party/government.  But at least then, the taxpayers will know what they are paying for, and can make that decision.  And other/smaller airlines will take up the slack.  Competition will flourish, as will LIAT, and the Caribbean will finally get the airlift network it needs.

With a restructured board and executive, confidence in the airline’s financial performance will be established and other Caribbean governments may even want to invest.

At the right time, joint venture the company while maintaining a minimum 50% shares among shareholder governments.  The two best run airlines in the world (Singapore Airlines and Air Malaysia) are run like a business and are profitable and remain owned 50% or more by the State and 50% or less by private interests.  Like LIAT, they were bleeding losses and their shareholder governments could no longer manage the bailouts.  So they took the tough decisions, appointed the right board and executive team, and turned the airlines around to the benefit of all stakeholders.

Yes, it will be painful, but it is necessary.  And most importantly it will pull LIAT back from the financial cliff and put it on a course to long term financial sustainability.

Please consider that I am a hotelier from an island that is almost 80% dependent on LIAT for airlift.  Cut one route to Dominica, and we/Dominica will suffer.  But if my option is (a) to continue to have all the LIAT routes we have today with an airline that is prone to poor service, ad hoc cancellations, occasional and irrational pilot strikes and constantly at the edge of a financial precipice due to insurmountable financial losses – OR – (b) an airline with fewer routes but with good service, dependable schedules and solid financial performance, then my choice is definitely the latter.  And other airlines, once permitted, will take up the slack.

In Summary

Thomas Edison said, “I have not failed. I’ve just found 10,000 ways that won’t work.”  And then finally, he invented the electric light bulb.

We have lived through and exhausted the many ways that LIAT won’t work.  It is time to try the way that will.

I appeal to you, Prime Minister Gonsalves, as well as the other Shareholder Prime Ministers, to mandate a new approach for taking LIAT and the Caribbean aviation industry forward without this perpetual and unfair burden on our treasuries.

It is time to run it like a business before it goes out of business.

Respectfully Yours,

Gregor Nassief

Owner/Director – Secret Bay

Executive Chairman – Fort Young Hotel

cc:        Honourable Dr. Baldwin Spencer of Antigua and Barbuda

Honourable Freundel Stuart of Barbados

Honourable Roosevelt Skerrit of Dominica

p.s.       As we again desperately seek additional funds for yet another bailout, make it the last please.  Don’t put the money into the black hole of an unsustainable business model.  Instead, use it to restructure the airline, rationalize its operations and place it on a solid long term footing.  In other words, make it the last bailout!

EDITOR’S NOTE: Mr. Nassief’s full letter is also available at http://www.scribd.com/doc/209141390/Letter-to-LIAT-Chairman-of-LIAT-s-Shareholders-Committee-February-25-2014-from-Dominica-Hotelier-Gregor-Nassief

Jamaica’s International Jazz Great Monty Alexander To Bring Warmth To Atlanta

Monty Alexander brings a special blend of jazz to each performance. (Crush Boone image)

Monty Alexander brings a special blend of jazz to each performance. (Crush Boone image)

CaribPR, NEW YORK, NY, Tues. Feb. 18, 2014:  Jazz great and Jamaican-born Commander in the Order of Distinction, Monty Alexander, is set to bring a musical wave of sunshine to the Peach State this Saturday.

Described as “one of the most eclectic pianists you’ll ever hear” by the St. Paul Pioneer Press, Alexander will play the famed Clayton State University’s Spivey Hall in Morrow, Georgia this Saturday, February 22, 2014 from 8:15 P.M.

Spivey Hall is renowned internationally for its superb acoustics, is home to the award-winning Spivey Hall Children’s Choir and Spivey Hall Young Artists and has become one of the places to play on the American classical and jazz music circuits.

The Grammy-nominated musician says he hopes the thousands of Caribbean nationals in Atlanta will come out as well this Saturday to enjoy the musical blend he will be offering – a unique blend of traditional jazz coupled with the contemporary Caribbean up-tempo reggae blend that has made him popular around the globe.

Atlanta jazz fans can get tickets here now or by logging on directly to https://itkt.choicecrm.net/templates/CLAY/

ABOUT MONTY ALEXANDER

In a career spanning five decades, pianist Monty Alexander has built a reputation exploring and bridging the worlds of American jazz, popular song, and the music of his native Jamaica, finding in each a sincere spirit of musical expression. In the process, he has performed and recorded with artists from every corner of the musical universe and entertainment world: Frank Sinatra, Tony Bennett, Ray Brown, Dizzy Gillespie, Sonny Rollins, Clark Terry, Quincy Jones, Ernest Ranglin, Barbara Hendricks, Bill Cosby, Bobby McFerrin, Sly Dunbar, and Robbie Shakespeare, among others.

Alexander’s collaborations span multiple genres, styles, and generations. His projects have been as varied as assisting Natalie Cole in her tribute album to her father, Nat “King” Cole in 1991 (the resulting album, Unforgettable, won seven Grammy awards), performing George Gershwin’s “Rhapsody in Blue” under the direction of Bobby McFerrin at the Verbier Festival in Switzerland, and recording the piano track for the film score of Clint Eastwood’s Bird, a movie about the life of jazz titan Charlie Parker.

In August 2000, the Jamaican government awarded Alexander the title of Commander in the Order of Distinction for outstanding services to Jamaica as a worldwide music ambassador. Two collections were released in 2011 that capture the excitement of Monty Alexander’s live performances around the world: Uplift, a trio album on JLP Records, and Harlem-Kingston Express on Motema Music.

‘Harlem Kingston Express: Live!,’ was singled out by both the recording industry and fans and received a Grammy award nomination in 2012.

In the summer of 2012, Alexander was awarded the prestigious German Jazz Trophy, “A Life for Jazz” and in November 2012 he received the Caribbean American Heritage Luminary Award from the Institute of Caribbean Studies in Washington, D.C.

For more on the Caribbean’s greatest jazz pianist and his music visit www.montyalexander.com.

Jamaica’s International Jazz Great Monty Alexander To Bring Warmth To Atlanta

Monty Alexander brings a special blend of jazz to each performance. (Crush Boone image)

Monty Alexander brings a special blend of jazz to each performance. (Crush Boone image)

CaribPR, NEW YORK, NY, Tues. Feb. 18, 2014:  Jazz great and Jamaican-born Commander in the Order of Distinction, Monty Alexander, is set to bring a musical wave of sunshine to the Peach State this Saturday.

Described as “one of the most eclectic pianists you’ll ever hear” by the St. Paul Pioneer Press, Alexander will play the famed Clayton State University’s Spivey Hall in Morrow, Georgia this Saturday, February 22, 2014 from 8:15 P.M.

Spivey Hall is renowned internationally for its superb acoustics, is home to the award-winning Spivey Hall Children’s Choir and Spivey Hall Young Artists and has become one of the places to play on the American classical and jazz music circuits.

The Grammy-nominated musician says he hopes the thousands of Caribbean nationals in Atlanta will come out as well this Saturday to enjoy the musical blend he will be offering – a unique blend of traditional jazz coupled with the contemporary Caribbean up-tempo reggae blend that has made him popular around the globe.

Atlanta jazz fans can get tickets here now or by logging on directly to https://itkt.choicecrm.net/templates/CLAY/

ABOUT MONTY ALEXANDER

In a career spanning five decades, pianist Monty Alexander has built a reputation exploring and bridging the worlds of American jazz, popular song, and the music of his native Jamaica, finding in each a sincere spirit of musical expression. In the process, he has performed and recorded with artists from every corner of the musical universe and entertainment world: Frank Sinatra, Tony Bennett, Ray Brown, Dizzy Gillespie, Sonny Rollins, Clark Terry, Quincy Jones, Ernest Ranglin, Barbara Hendricks, Bill Cosby, Bobby McFerrin, Sly Dunbar, and Robbie Shakespeare, among others.

Alexander’s collaborations span multiple genres, styles, and generations. His projects have been as varied as assisting Natalie Cole in her tribute album to her father, Nat “King” Cole in 1991 (the resulting album, Unforgettable, won seven Grammy awards), performing George Gershwin’s “Rhapsody in Blue” under the direction of Bobby McFerrin at the Verbier Festival in Switzerland, and recording the piano track for the film score of Clint Eastwood’s Bird, a movie about the life of jazz titan Charlie Parker.

In August 2000, the Jamaican government awarded Alexander the title of Commander in the Order of Distinction for outstanding services to Jamaica as a worldwide music ambassador. Two collections were released in 2011 that capture the excitement of Monty Alexander’s live performances around the world: Uplift, a trio album on JLP Records, and Harlem-Kingston Express on Motema Music.

‘Harlem Kingston Express: Live!,’ was singled out by both the recording industry and fans and received a Grammy award nomination in 2012.

In the summer of 2012, Alexander was awarded the prestigious German Jazz Trophy, “A Life for Jazz” and in November 2012 he received the Caribbean American Heritage Luminary Award from the Institute of Caribbean Studies in Washington, D.C.

For more on the Caribbean’s greatest jazz pianist and his music visit www.montyalexander.com.

RBC to sell its Jamaican banking operations

TORONTO, Jan. 29, 2014 /PRNewswire/ — Royal Bank of Canada (RY on TSX and NYSE) today announced that it has entered into a definitive agreement to sell RBC Royal Bank (Jamaica) Limited and RBTT Securities Jamaica Limited (collectively “RBC Jamaica”) to Sagicor Group Jamaica Limited. The transaction is subject to customary closing conditions, including regulatory approvals and is expected to be finalized in the coming months.

“Consistent with our strategy of being a competitive leader in the markets where we operate, we determined after a careful and thorough review that the best decision for the long-term future success of RBC Jamaica was to sell it to Sagicor,” said Suresh Sookoo, CEO of RBC Caribbean. “Sagicor is a well established financial franchise in Jamaica with the size, scale and complementary capabilities that RBC Jamaica does not currently possess.”

“RBC has operated in the Caribbean for over 100 years and remains committed to this region. This transaction will allow us to successfully reposition our Caribbean business for the future and focus on regions where we have significant market share,” said Dave McKay, group head, Personal & Commercial Banking, RBC. “We are focused on strengthening our business performance, service and competitiveness in markets where we can be a leading competitor over the long term.”

While financial terms of the transaction were not disclosed, the purchase price approximately reflects the book value of RBC Jamaica. RBC expects the transaction to result in an estimated loss of C$60 million (before and after-tax) as a result of International Financial Reporting Standards, largely related to an estimated writedown for the proportionate share of RBC Jamaica goodwill and other intangibles acquired by RBC in connection with its acquisition of RBTT Financial Group in 2008. The transaction is not expected to have a material impact on RBC’s Basel III Common Equity Tier 1 ratio.

The loss is based on current estimates and is subject to change and will be reflected in the results of the first quarter ending January 31, 2014. RBC will release its first quarter 2014 results and host an earnings conference call on February 26, 2014.

About RBC
Royal Bank of Canada (RY on TSX and NYSE) is Canada’s largest bank and one of the largest banks in the world, based on market capitalization. We are one of North America’s leading diversified financial services companies, and provide personal and commercial banking, wealth management services, insurance, investor services and capital markets products and services on a global basis. We employ approximately 79,000 full- and part-time employees who serve more than 15 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 44 other countries. For more information, please visit rbc.com.

Forward-Looking Statements
Certain statements contained in this press release may be deemed to be forward-looking statements within the meaning of certain securities laws, including the “safe harbour” provisions of the United States Private Securities Litigation Reform Act of 1995 and any applicable Canadian securities legislation. These forward-looking statements include, but are not limited to, statements with respect to the loss relating to the sale of RBC Jamaica expected to be reflected in our first quarter 2014 financial results. Forward-looking statements are typically identified by words such as “believe”, “expect”, “foresee”, “forecast”, “anticipate”, “intend”, “estimate”, “goal”, “plan” and “project” and similar expressions of future or conditional verbs such as “will”, “may”, “should”, “could” or “would”.

By their very nature, forward-looking statements require us to make assumptions and are subject to inherent risks and uncertainties, which give rise to the possibility that our predictions, forecasts, projections, expectations or conclusions will not prove to be accurate, that our assumptions may not be correct and that our forward-looking statements, including statements about the loss relating to the sale of RBC Jamaica expected to be reflected in our first quarter 2014 financial results, will not be achieved. We caution readers not to place undue reliance on these statements as a number of risk factors could cause our actual results to differ materially from the expectations expressed in such forward-looking statements. These factors – many of which are beyond our control and the effects of which can be difficult to predict – include: credit, market, liquidity and funding, insurance, regulatory compliance, operational, strategic, reputation and competitive risks and other risks discussed in the Risk management and Overview of other risks sections of our 2013 Annual Report; the impact of regulatory reform; the business and economic conditions in Canada, the United States and certain other countries in which we operate; the effects of changes in government fiscal, monetary and other policies; and judicial or regulatory judgments and legal proceedings.

We caution that the foregoing list of risk factors is not exhaustive and other factors could also adversely affect our results. When relying on our forward-looking statements to make decisions with respect to us, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Material economic assumptions underlying the forward looking statements contained in this press release are set out in the Overview and outlook section and for each business segment under the heading Outlook and priorities in our 2013 Annual Report. Additional information about these and other factors can be found in the Risk management and Overview of other risks sections of our 2013 Annual Report. Except as required by law, we do not undertake to update any forward-looking statement contained in this press release.

For further information:

Investor Relations Contacts:
Karen McCarthy, Director, Investor Relations, karen.mccarthy@rbc.com, 416-955-7809
Robert Colangelo, Associate Director, Investor Relations, robert.colangelo@rbc.com, 416-955-2049

Media Relations Contacts:
Wojtek Dabrowski, Director, Communications, wojtek.dabrowski@rbc.com, 416-974-3718

RBC to sell its Jamaican banking operations

TORONTO, Jan. 29, 2014 /PRNewswire/ — Royal Bank of Canada (RY on TSX and NYSE) today announced that it has entered into a definitive agreement to sell RBC Royal Bank (Jamaica) Limited and RBTT Securities Jamaica Limited (collectively “RBC Jamaica”) to Sagicor Group Jamaica Limited. The transaction is subject to customary closing conditions, including regulatory approvals and is expected to be finalized in the coming months.

“Consistent with our strategy of being a competitive leader in the markets where we operate, we determined after a careful and thorough review that the best decision for the long-term future success of RBC Jamaica was to sell it to Sagicor,” said Suresh Sookoo, CEO of RBC Caribbean. “Sagicor is a well established financial franchise in Jamaica with the size, scale and complementary capabilities that RBC Jamaica does not currently possess.”

“RBC has operated in the Caribbean for over 100 years and remains committed to this region. This transaction will allow us to successfully reposition our Caribbean business for the future and focus on regions where we have significant market share,” said Dave McKay, group head, Personal & Commercial Banking, RBC. “We are focused on strengthening our business performance, service and competitiveness in markets where we can be a leading competitor over the long term.”

While financial terms of the transaction were not disclosed, the purchase price approximately reflects the book value of RBC Jamaica. RBC expects the transaction to result in an estimated loss of C$60 million (before and after-tax) as a result of International Financial Reporting Standards, largely related to an estimated writedown for the proportionate share of RBC Jamaica goodwill and other intangibles acquired by RBC in connection with its acquisition of RBTT Financial Group in 2008. The transaction is not expected to have a material impact on RBC’s Basel III Common Equity Tier 1 ratio.

The loss is based on current estimates and is subject to change and will be reflected in the results of the first quarter ending January 31, 2014. RBC will release its first quarter 2014 results and host an earnings conference call on February 26, 2014.

About RBC
Royal Bank of Canada (RY on TSX and NYSE) is Canada’s largest bank and one of the largest banks in the world, based on market capitalization. We are one of North America’s leading diversified financial services companies, and provide personal and commercial banking, wealth management services, insurance, investor services and capital markets products and services on a global basis. We employ approximately 79,000 full- and part-time employees who serve more than 15 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 44 other countries. For more information, please visit rbc.com.

Forward-Looking Statements
Certain statements contained in this press release may be deemed to be forward-looking statements within the meaning of certain securities laws, including the “safe harbour” provisions of the United States Private Securities Litigation Reform Act of 1995 and any applicable Canadian securities legislation. These forward-looking statements include, but are not limited to, statements with respect to the loss relating to the sale of RBC Jamaica expected to be reflected in our first quarter 2014 financial results. Forward-looking statements are typically identified by words such as “believe”, “expect”, “foresee”, “forecast”, “anticipate”, “intend”, “estimate”, “goal”, “plan” and “project” and similar expressions of future or conditional verbs such as “will”, “may”, “should”, “could” or “would”.

By their very nature, forward-looking statements require us to make assumptions and are subject to inherent risks and uncertainties, which give rise to the possibility that our predictions, forecasts, projections, expectations or conclusions will not prove to be accurate, that our assumptions may not be correct and that our forward-looking statements, including statements about the loss relating to the sale of RBC Jamaica expected to be reflected in our first quarter 2014 financial results, will not be achieved. We caution readers not to place undue reliance on these statements as a number of risk factors could cause our actual results to differ materially from the expectations expressed in such forward-looking statements. These factors – many of which are beyond our control and the effects of which can be difficult to predict – include: credit, market, liquidity and funding, insurance, regulatory compliance, operational, strategic, reputation and competitive risks and other risks discussed in the Risk management and Overview of other risks sections of our 2013 Annual Report; the impact of regulatory reform; the business and economic conditions in Canada, the United States and certain other countries in which we operate; the effects of changes in government fiscal, monetary and other policies; and judicial or regulatory judgments and legal proceedings.

We caution that the foregoing list of risk factors is not exhaustive and other factors could also adversely affect our results. When relying on our forward-looking statements to make decisions with respect to us, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Material economic assumptions underlying the forward looking statements contained in this press release are set out in the Overview and outlook section and for each business segment under the heading Outlook and priorities in our 2013 Annual Report. Additional information about these and other factors can be found in the Risk management and Overview of other risks sections of our 2013 Annual Report. Except as required by law, we do not undertake to update any forward-looking statement contained in this press release.

For further information:

Investor Relations Contacts:
Karen McCarthy, Director, Investor Relations, karen.mccarthy@rbc.com, 416-955-7809
Robert Colangelo, Associate Director, Investor Relations, robert.colangelo@rbc.com, 416-955-2049

Media Relations Contacts:
Wojtek Dabrowski, Director, Communications, wojtek.dabrowski@rbc.com, 416-974-3718

Air Canada rouge to Offer More Caribbean Destinations this Summer from Toronto and Montreal

22 per cent more seats to the Caribbean than last summer

More flights from Montreal to Cancun, Port-au-Prince and Punta Cana

MONTREAL, Jan. 27, 2014 /PRNewswire/ – Air Canada today announced that its leisure carrier subsidiary, Air Canada rougeTM, is expanding its choice of more Caribbean destinations this summer. Routes previously operated by Air Canada from Toronto and Montreal to Cuba, Dominican Republic, Bahamas, Barbados, Haiti, Cancun and Tampa, FL, will be converted beginning this spring to Air Canada rouge service. Together with its previously announced 2014 summer schedule to Europe, Air Canada rouge plans to operate a total of 44 routes serving 28 popular vacation destinations, including continuation of its summer routes – Athens, Edinburgh and Venice – and new service to Barcelona, Dublin, Lisbon, Manchester, Nice and Rome.

The conversion of additional Caribbean vacation destinations to Air Canada rouge service represents an increase of 22 per cent more seats on these routes to the Caribbean this summer than last. The increase is greatest from Montreal where there will be in an increase of 36 per cent more seats on these routes and 20 per cent more flights than last summer with the introduction of additional flights to Cancun, Port-au-Prince and Punta Cana.

“Customer response to Air Canada rouge for vacation travel has been very positive since it started flying just last summer,” said Ben Smith, Air Canada’s Executive Vice President and Chief Commercial Officer. “The addition of more year-round Caribbean destinations to Air Canada rouge’s network is the next logical step as our leisure carrier enables us to compete on a more cost effective basis on these routes while leveraging the strength of Air Canada Vacations. Air Canada rouge’s Caribbean services complement this summer’s significant expansion to new European vacation destinations including Nice, Lisbon and Manchester, in addition to new service to Milan served year-round by the mainline carrier. The growth of Air Canada rouge, in tandem with Air Canada’s mainline fleet renewal and international network expansion, continues to be a key element of Air Canada’s strategy for sustainable, profitable growth.”

By the end of March 2014, Air Canada rouge’s fleet will include four Boeing 767-300ER aircraft and 13 Airbus A319 aircraft transferred from Air Canada. Air Canada’s mainline fleet renewal is ongoing with the introduction of new aircraft. Air Canada is scheduled to take delivery in February 2014 of the last of five new Boeing 777-300ER aircraft to enter its mainline fleet since June 2013, and the first three of 37 Boeing 787 aircraft by the summer of 2014. Air Canada is scheduled to take delivery of a total of six 787 aircraft in 2014 and the remaining 31 between 2015 and 2019.

For its 2014 summer schedule, Air Canada rouge will operate flights to the following popular vacation destinations available with optional Air Canada Vacations packages. Flights and vacation packages are now available for purchase at aircanada.com and through travel agents:

Europe: Flights from Toronto to: Athens, Barcelona, Dublin, Edinburgh, Lisbon, Manchester and Venice. Flights from Montreal to: Athens, Barcelona, Rome and Nice.

Mexico: Flights from Toronto to Cancun, and Montreal to Cancun*.

United States: Flights from Toronto and Montreal to: Orlando and Las Vegas, and from Toronto to Tampa*.

Caribbean and Central America: Flights from Toronto to: Barbados*, Jamaica (Kingston, Montego Bay); Grenada; Nassau*, Bahamas; the Dominican Republic (Puerto Plata, Punta Cana, Samana); Cuba (Varadero, Cayo Coco, Holguin and Santa Clara) and Costa Rica (San Jose and Liberia).
Flights from Montreal to: Cuba (Cayo Coco*, Holguin* and Santa Clara*); Haiti (Port-au-Prince*) and Dominican Republic (Punta Cana*).

New Air Canada rouge services indicated by an asterisk (*), previously operated by Air Canada’s mainline carrier, will be converted to Air Canada rouge service on a phased-in basis beginning March through May 2014 as additional aircraft are released by the mainline airline for operation by its leisure carrier.

Air Canada rouge operates a fleet consisting of Boeing 767-300ER and Airbus A319 aircraft. The carrier’s aircraft feature three customer comfort options: rougeTM, rouge PlusTM with preferred seating with additional legroom, and Premium rougeTM with additional space and enhanced service on the Boeing 767-300ER and on select Airbus A319 routes. Air Canada rouge offers a unique brand of customer service designed to make every flight a memorable start and end to a wonderful vacation. Aircraft are equipped with player, a next generation in-flight entertainment system that wirelessly streams entertainment to customers’ personal electronic devices. Flights provide stylish and modern cabin interiors with innovative new seats, and the ability to earn and redeem Aeroplan miles. For more information and bookings, visit: http://www.aircanada.com/en/about/rouge.html

About Air Canada

Air Canada is Canada’s largest domestic and international airline serving more than 175 destinations on five continents. Canada’s flag carrier is the 15th largest commercial airline in the world and in 2013 served more than 35 million customers. Air Canada provides scheduled passenger service directly to 60 Canadian cities, 49 destinations in the United States and 67 cities in Europe, the Middle East, Asia, Australia, the Caribbean, Mexico and South America. Air Canada is a founding member of Star Alliance, the world’s most comprehensive air transportation network serving 1,328 destinations in 195 countries. Air Canada is the only international network carrier in North America to receive a Four-Star ranking according to independent U.K. research firm Skytrax that ranked Air Canada in a worldwide survey of more than 18 million airline passengers as Best Airline in North America in 2013 for the fourth consecutive year. For more information, please visit: www.aircanada.com.

About Air Canada rouge

Air Canada rouge is Air Canada’s new leisure airline, part of the Air Canada Leisure Group, along with Air Canada Vacations. Together with Air Canada Vacations, Air Canada rouge offers competitively-priced travel to exciting leisure destinations in Europe and the Caribbean, Mexico and the U.S.: Edinburgh, Venice, Athens, Lisbon, Dublin, Nice, Barcelona, Rome and Manchester and multiple destinations in Mexico, the U.S. and the Caribbean such as Cuba, Costa Rica, Jamaica and the Dominican Republic.

Air Canada rouge began operating July 1, 2013 with a start-up fleet of two Airbus A319 aircraft and two Boeing 767-300ER aircraft. The fleet grew to ten aircraft by the end of 2013 with the addition of six Airbus A319 aircraft and Air Canada rouge plans to add another five Airbus A319 aircraft and two Boeing 767-300ER aircraft by end of March 2014, for a total of 17 aircraft.

As a wholly-owned subsidiary, Air Canada rouge is backed by Air Canada’s 75-year reputation for safety and reliability and Air Canada Vacations’ 30-plus year history of vacation travel excellence. Learn more at www.aircanada.com/rouge or www.facebook.com/aircanadarouge

About Air Canada Vacations

Air Canada Vacations is a leading Canadian tour operator offering a wide assortment of leisure travel packages, cruises, and flights to destinations around the world. A repeat recipient of the Consumer’s Choice Award for Best Travel Wholesaler, Air Canada Vacations services over 100 destinations in the Caribbean, Central & South America, Asia, Europe, and in the U.S. And now, Air Canada Vacations will feature Air Canada rouge on several of its top vacation routes. For more information, visit www.aircanadavacations.com

Caution Regarding Forward-Looking Information

Air Canada’s public communications may include forward-looking statements within the meaning of applicable securities laws. Forward-looking statements, by their nature, are based on assumptions and are subject to important risks and uncertainties. Forward-looking statements cannot be relied upon due to, amongst other things, changing external events and general uncertainties of the business. Actual results may differ materially from results indicated in forward-looking statements due to a number of factors, including without limitation, industry, market, credit and economic conditions, the ability to reduce operating costs and secure financing, pension issues, energy prices, employee and labour relations, currency exchange and interest rates, competition, war, terrorist acts, epidemic diseases, environmental factors (including weather systems and other natural phenomena and factors arising from man-made sources), insurance issues and costs, changes in demand due to the seasonal nature of the business, supply issues, changes in laws, regulatory developments or proceedings, pending and future litigation and actions by third parties as well as the factors identified throughout Air Canada’s public disclosure file available at www.sedar.com. Any forward-looking statements contained in this news release represent Air Canada’s expectations as of date of this news release and are subject to change after such date. However, Air Canada disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required under applicable securities regulations.

For further information:

Contacts :
Isabelle Arthur (Montréal) 514 422-5788
Peter Fitzpatrick (Toronto) 416 263-5576
Angela Mah (Vancouver) 604 270-5741

Internet : aircanada.com