Arajet Eyes ULCC Market From Dominican Republic Base

Arajet Boeing 737-8200
Arajet Boeing 737-8200
Credit: Boeing
Santo Domingo-based Arajet, billing itself as the Caribbean’s first ULCC, plans to launch services in May and will grow its fleet to as many as 40 aircraft, bolstered by an order for 20 737 MAXs revealed March 14. Backed by investment firm Bain Capital and lessor Griffin Global Asset Management...

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