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Airlines legal dispute resolved

The legal dispute surrounding the Lieutenant Governor’s decision not to register
the trademark of the Ft. Lauderdale registered airline, Caribbean Sun Airlines has
been resolved. The parties concluded negotiations and entered into a settlement
agreement subsequent to the order that had been entered by the U. S. District Court
on Monday, December 15, which had granted Caribbean Sun temporary rights to provide
service.Sun Airways - a domestic corporation, consented to the plaintiff transacting
business in the USVI using its corporate name - Caribbean Sun Airlines. Caribbean
Sun Airlines has likewise consented to allow Sun Airways to continue to use its
business name.

Both corporations have reached a mutual agreement to make every
effort to ensure that the public is not confused by the two corporate names.

Chief Operating Officer of Caribbean Sun Airlines, Mr. Paul Moreira says, “We are
pleased that the dispute has concluded so that we can proceed with our business of
flying to the USVI, as planned”. Moreira went on to add that arrangements are
being made to start daily flights with immediate effect.

Caribbean Sun is
absolutely convinced that its introductory fares are extremely competitive and it is
expected that the USVI/SJU route is going to be one of the more popular Caribbean
Sun routes.

Caribbean Sun Airlines has reinstated its advertising campaign to provide additional
service before the critical Christmas tourism season