Jamaica

Air Jamaica – CFAS were retained as Financial Advisers to the Government on the competitive assessment and final selection of new aircraft types for the long range fleet, leading to the equipping of the fleet with new Airbus aircraft.

Air Jamaica – Joint advisors with PWC for the development of the business plan for the reserve bidder’s offer acquire a majority interest in Air Jamaica at its privatisation by Government.

Trans Jamaican Airlines – assistance and advice in developing a restructuring plan to eliminate losses, improve efficiency in operations and prepare the company for privatisation. CFAS also acted as advisors on negotiations with aircraft manufacturers for re-equipment of the aircraft fleet. The company was successfully privatised and subsequently operated as Air Jamaica Express

Aruba

Air Aruba – Financial Advisors to the Government on the successful rescue of Air Aruba, including the process of assumption of control by Government, recruiting a new management team, renegotiation of all debt, negotiation with aircraft manufacturers and airliner leasing groups for the re-equipment of the airline’s fleet, and recovery to viability in preparation for privatisation.