CAL ‘not strapped for cash’

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Apr 03, 2013

cash’ PORT OF SPAIN, Trinidad - Caribbean Airlines is not cash-strapped, the airline’s vice-chairman, Mohan Jaikaran, said yesterday.
Jaikaran’s statement comes on the heels of a report in the weekend Mirror that the carrier was seeking an immediate $100 million injection from the Government to pay suppliers and employees.
“I do not know where anyone got that, but it is very sad that those are the reports coming out in the media,” Jaikaran said in a telephone interview yesterday.

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