Air Dominicana announced

[NewsWhore]

Tourism Minister Felix Jimenez announced that Air Dominicana will begin charter flights to Central America and the US in 2008 with a 737-800 plane. The company formation was announced yesterday. Juan Jose Hidalgo (Pepe), of Air Europa, was appointed president of the airline. Jimenez reported that most of funding for the airline is private, but the Dominican government will have a 40% stake in the company. Jimenez said that more private investment will be secured, and eventually the Dominican state could end up only investing between 25% and 30%. He explained that foreign capital will always be below 50% in order for the company to remain Dominican.

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