interCaribbean Airways announces the closing on the acquisition of seven (7) additional ATR 42s. The 48-seat regional aircraft have been acquired from TAROM, S.A., a long-standing Romanian flag network airline.
interCaribbean will start adding capacity following this transaction closure in time for the summer peak season when travelers within the region take to the skies. interCaribbean has been determined to increase capacity to meet an increasing demand for its services since entering the eastern Caribbean during the pandemic. Today interCaribbean is seven steps closer to realizing that goal.
The newly received ATRs from TAROM brings the number of ATRs operated by the company to 10.
The company intends to retire Embraer 120 aircraft by the end of 2023, positioning these newer and larger airplanes to support the growing regional demand.
With a significant expansion of schedules and routes from its new Barbados hub, interCaribbean reported a first-quarter increase of 83 percent in the number of flights, and a 109 percent increase in seating capacity across its routes.