This story broke on the 4th of July and slipped under my radar:
The Gleaner has learnt that Indigo Partners and Oaktree Capital, who are reportedly the owners of Spirit Airlines
, have bought the country's national carrier, Air Jamaica.
It is further understood that Air Jamaica's name might be changed to Spirit of Jamaica.
Sources close to the negotiations are tight-lipped, but they have confirmed that Trinidadian-owned Caribbean Airlines did not win the bid to take over the Jamaican airline.
The news comes days after the Privatisation committee, which has been managing the task of privatising Air Jamaica, submitted its recommendation to Senator Don Wehby, minister without portfolio in the Ministry of Finance.
More from the Jamaica Gleaner.
