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Roraima Airways explores options as Dynamic pullout looms
Dynamic will likely drop the Guyana route.
Dynamic International Airways (2D, Greensboro) has submitted a progress report in its Chapter Eleven bankruptcy proceedings, in which it outlines its plans to trim back Guyana flights and change its focus to an ACMI model.
The North-Carolina based carrier, according to a CH-Aviation report yesterday, entered Chapter Eleven protection last July, and has been cutting back services and staff ever since.
It suspended its Asian operations in August, after an engine problem precipitated an early end to the season. Following permitting problems in Ecuador, Dynamic recently cut flights to Guayaquil. Its last remaining scheduled service is New York JFK – Georgetown Cheddi Jagan, which it plans to consolidate from 5x weekly flights down to 1x weekly flight by October 7.
After that, Dynamic may consider cutting the route altogether.
In pursuing its new ACMI and charter strategy, Dynamic has secured a contract with Swift Travel Services to operate a regular service between Port au Prince and Santiago de Chile Int’l until end-March 2018.
A second contract, which is not yet finalised, will see Dynamic flying Miami Int’l – Havana Int’l 7x weekly, and Miami – Santa Clara de Cuba 6x weekly for the duration of 4Q17. The two contracts will utilise four of Dynamic’s five aircraft.
Since filing its bankruptcy petition in July, Dynamic has cut its workforce from 192 to 132.
However, to accommodate the new ACMI strategy, Dynamic will need to hire an additional eight pilots and twenty-two flight attendants. It has also engaged a new CEO, Ray Lawlor, formerly of Swift Air (USA) (WQ, Phoenix Sky Harbor).
Under its new operating structure, Dynamic says it has made significant inroads into its passenger liability and will fly off the remainder by the end of its Guyana ops.
Yesterday, chief of Roraima Airways, Captain Gerry Gouveia expressed worry of the likely impact.
Roraima is the local handlers for Dynamic.
He is set to meet representatives of Dynamic as early as tomorrow to discuss the developments. Dynamic has been operating the North America route to Guyana for about three and half years now, Gouveia disclosed. Annually, more than 80,000 passengers were moved by Dynamic planes, to and from Guyana.
Gouveia said that he was fearful of the ticket prices going up.
Already, ticket prices from an average of US$800-US$900 have climbed to US$1,400 return to New York, the official said. Currently, Dynamic is down to two flights weekly from its five.
On the high demand, New York route, Caribbean Airlines and Fly Jamaica have been the other airlines operating.
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