FlyJamaica Airlines, a new Jamaican airline, is set to launch as soon as next month. According to a report in the local news on March 21st, the new airline’s principals are Guyanese but the majority owners are Jamaicans.

FlyJamaica will operate between Kingston, Georgetown, the Guyanese capital, New York’s JFK and Toronto.

The announcement of this new airline comes days after REDjet, the Caribbean’s first budget airline, signaled that it was halting service on all routes. FlyJamaica Airlines is expected to compete with Caribbean Airlines on its Jamaican and Guyanese routes.

Only time will tell whether FlyJamaica Airlines will achieve profitability and fill the void left by the loss of the national carrier, Air Jamaica.