Article: Caribbean Sun plans to shut down operations.

Byline: Glenn Singer

Jan. 10--Caribbean Sun Airlines, citing strong competition from rivals, said Tuesday it plans to cease all flight operations and eliminate 195 jobs, 32 of them at corporate headquarters in Fort Lauderdale. The airline's hub is in San Juan, Puerto Rico, and it serves nine Caribbean destinations with more than 160 flights a week. "Competition in San Juan has always been very tough, but recent developments have created a no-win situation for us," said Skip Barnette, president and chief executive officer of 3-year-old Caribbean Sun and its 6-year-old sister airline, Antigua-based Caribbean Star. "Major U.S. carriers currently expanding service to ...

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