Caribbean Airlines says nearly 70% of its operating costs are in foreign currency—an economic reality it says must guide how it manages ticket sales and payment options.
The airline defended its broader pricing structure, saying expenses such as aircraft leases, fuel, taxes, and maintenance are overwhelmingly billed in foreign currency. “This economic reality necessitates a balanced approach to ensure financial sustainability and operational viability,” the statement said.
The airline was responding to comments by economist Dr Marlene Attzs, who argued that Trinbagonians should be allowed to book CAL flights online in Trinidad and Tobago dollars (TTD) using local debit cards.
Attzs said the current system, which often requires US dollars even for domestic or regional bookings, places undue pressure on already limited foreign exchange reserves and locks out travellers without access to US-dollar credit cards.
In a statement, the State-owned carrier acknowledged the ongoing discourse and said it already accepts TTD payments at all its physical ticket offices in Piarco, Port of Spain, San Fernando, Tobago, and through local travel agents. Customers can also use the airline’s mobile app to pay in TTD for domestic travel between Trinidad and Tobago.
CAL also pointed to its Caribbean Layaway plan, an interest-free option that allows customers to pay in instalments using TTD.