Common use of CORE Routes Clause in Contracts

CORE Routes. Flights/Operations that CAL dominates and knows the market well Routes/Flights/Operations that provide good economic return or at least break-even STRATEGIC DOMESTIC Domestic Routes/Flights that are purchased by, and operated on behalf of, the Government STRATEGIC TOURISM International Routes/Flights that have national tourism importance which are purchased by, and operated on behalf of, the Government SURPLUS Assumes prior 3 categories are being adequately serviced (without displacement and not affecting required redundancy to maintain reliability of service). Includes operations which must provide good economic return. Strategic Domestic and Strategic Tourism are operations which are considered critical for the Cayman Islands, but do not provide sufficient economic justification themselves for an airline to operate. Accordingly, the Government purchases these operations from the Company. During periods of economic slow-down, the Government may also purchase certain of the Core operations from the Company as well.