It appears fair to say Baha Mar’s developer does not agree with last week’s move by Export Import Bank of China (CEXIM) to place the stalled $3.5 billion mega-resort project into receivership.

"For countries that rely heavily on the air transportation of visitors for up to 70% of their GDP, few tourism planners in the Caribbean have ever considered examining their relative position within the region concerning taxes on airline tickets."

The Caribbean-Mexico hotel pipeline fell last month, according to the latest STR Construction Pipeline Report.

The US Virgin Islands’ hotel tax is going up. The United States Caribbean territory has announced that its hotel room tax will increase to 12.5 percent from 10 percent, a 25 percent increase.

United Airlines reported adjusted profit of USD$1.7 billion for the third quarter, up 58 percent from a year earlier thanks to lower fuel costs.

Embraer and SkyWest, Inc. (SkyWest) have signed a firm order for an additional 19 E175s jets.