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Jamaican workers protest sale of Air Jamaica to Caribbean Airlines, 2010

Time period
February 3, 2010 to February 19, 2010
Economic Justice
Total points
2 out of 10 points
Name of researcher, and date dd/mm/yyyy
Matthew Heck, 23/12/2010

In January 2010, it became clear that the Jamaican government sought to sell Air Jamaica to a foreign company.  The government and the owners of Air Jamaica saw the company as losing a lot of money and, due to heavy subsidizing, the government had a great deal of power over the future of the airline.  Some reports suggest that Air Jamaica was losing more than USD $90 million per year and was already USD $900 million in debt.  However, Air Jamaica employed over 1,600 Jamaicans.  Fearing for the loss of their jobs and the potential damage that could be done to the country