DOMINICAN REPUBLIC LOW-COST ARAJET AIRLINES ANNOUNCES NEW SPRING FLIGHTS
Up, Up and Away with Arajet Taking off from the Dominican Republic
SANTO DOMINGO, Dominican Republic: Apr. 2022 -Taking off in May, Arajet, the Caribbean’s first ultra-low-cost airline headquartered in Santo Domingo, will offer air service to and from the Dominican Republic, Caribbean, and North and South America. “Arajet will have the full support of the Dominican government, as they seek to grow tourism into the country and enable Dominicans living abroad to visit their home with low-priced airfares,” said His Excellency Mr. Luis Rodolfo Abinader Corona, President of the Dominican Republic. https://www.godominicanrepublic.com/
Arajet will start operations from Las Americas International Airport of Santo Domingo with flights to the Caribbean islands and Central America and expects to add flights later this year to key North American markets with populations having significant familial ties to the Dominican Republic, including New York, Boston, Miami, and Chicago. An estimated 2.2 million people of Dominican descent living in the United States. “The Dominican Republic and the wider Caribbean region are underserved by low-cost airlines and passengers deserve a more affordable way to travel in our market. We believe Arajet is well-positioned to transform the Santo Domingo Airport into a modern, new hub for destination and connecting traffic,” said Founder and Executive Officer Victor Pacheco. “We are excited that our passengers will be the winners by paying the lowest fares while flying on brand new airplanes. Arajet is also proud to play a significant role in job creation and GDP growth in the Dominican Republic, and we look forward to working closely with President Abinader and his administration to advance his pro-growth agenda.”
Arajet will adopt the ultra-low-cost carrier model (ULCC), which has revolutionized air travel across North and South America, offering low fares, schedule flexibility, and a choice of services. The business will be led by Pacheco and Mike Powell, who formerly served as the Chief Financial Officer of Wizz Airlines, and have assembled a world-class management team with extensive aviation and airline experience, including those involved in implementing the ULCC model on three continents. Arajet is financially backed by experienced global aviation investors in Bain Capital Special Situations (“Bain Capital”) and Griffin Global Asset Management (“Griffin”). The airline also has the support of the Dominican government and Vinci Airports. Arajet will feature a fleet of brand-new Boeing 737-8 aircraft, which will immediately position the airline as a global leader in environmental efficiency by operating the most fuel-efficient fleet of aircraft in the market today. Arajet has firm orders, purchase options, and lease agreements in place for their first 40 aircraft to deliver over the next several years to meet anticipated demand.
About Arajet
Arajet is the first ultra-low-cost airline in the Caribbean region and will commence operations in 2022 from its base at Las Americas Airport in Santo Domingo, under its airline operator certificate (AOC) from the Dominican Republic. Arajet will operate a fleet of Boeing 737-8 aircraft that provide safe and affordable travel to and from the Dominican Republic to several destinations in North, Central, and South America, and the Caribbean region. Get in touch: For more information, visit www.Arajet.com. For more information and entry requirements, please visit https://www.godominicanrepublic.com/
