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Dynamic Airways to suspend Guyana operations

Travel agents have reported that late last week they noticed that all of the Dynamic Airways flights for the remainder of the year were cancelled out. 

Dynamic Airways to suspend Guyana operations

Faced with a bankruptcy move and lawsuits that could see it being forced to sell off some of its assets to meet debts, Dynamic Airways is preparing to suspend its operations to Guyana and pull out of the market completely.

The move could come as early as next week and could put a dent in the local travel market.

Already, some travel agencies have stopped selling tickets for the airline, while others have indicated that they are yet to be officially informed of the move, but have stopped selling tickets as a precaution.

Local representative for Dynamic Airways, Captain Gerry Gouveia, told News Source on Monday that the operations are likely to be suspended within days,  but he intends to meet with officials of the U.S based company to get a clearer understanding of its longterm plans.

Travel agents have reported that late last week they noticed that all of the Dynamic Airways flights for the remainder of the year were cancelled out.

The airline has not informed agents as yet as to how it intends to transfer those passengers who would have already booked and paid for their flights, to other airlines.

Back in July,  Dynamic announced that it had filed a voluntary Chapter 11 petition with the United States Bankruptcy Court.

At the time, the airline said it planned to continue β€œnormal operations”.

According to a statement from the airline, its decision to file bankruptcy followed litigation matters resulting from Hajj flights that it operated in 2014 for Air India.

But just a month after that bankruptcy move, one of the airline’s top unsecured creditor moved to the US Courts to force the airline into liquidating its assets.

 

The creditor, PMC Aviation LLC of Greensboro, North Carolina, is owed US$1.19 million, which represents an arbitration judgment reached in April 2017.

This will not be the first time that Dynamic Airways will be suspending its Guyana operations. After a shaky start in 2014, the airline suspended its operations for four months.

It returned and started to offer as many as five flights per week and that frequency climbed in the peak seasons. This latest suspension move comes at a time when the airline is operating five weekly flights and is enjoying a 90% load rate.

Captain Gerry Gouveia believes that the suspension could have a major impact on travel to Guyana during the upcoming Christmas peak season.

The other airlines which offer services to the United States from Guyana are Caribbean Airlines, Fly Jamaica, Suriname Airways and Copa Airlines.

Replies sorted oldest to newest

Nehru posted:

God be with Guyana under a Dictatorship of INCOMPETENT, DUMB people.

This was another fly by night that the PPP brought to Guyana.

Good riddance . They caused the travelers to Guyana too much pain.

The Govt of Guyana should have closed them down a while ago but I am guessing that they saw the writing on the wall and allowed them to dies a slow death.

Pointblank
Last edited by Pointblank
ksazma posted:

Or an opportunity for another predator to emerge.

Some one here promoted Eastern Airlines which disappeared quietly. I await to see what new ideas he brings up.

At the end of the day BWIA/Caribbean Airlines has been cussed out and reviled by many Guyanese but once again will come to the rescue.  I remember in the 80s when all the big carriers deserted Guyana because they couldn't get foreign exchange out it was the faithful BWee that continued to fly to Guyana.

FM
Django posted:
ksazma posted:

I wish we still had Guyana Airways. No hiccups back then.

Bhai,I came to US on Guyana Airways,we stop over at Curacao,can recall lots of empty seats,my younger son was 7 yrs enjoyed him self changing seats.

National carrier should be looked in to,make sure no square peg manage the operations.

We came with Guy-America Airways. Was in service from 1981 to 1984.

GTAngler

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