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Caribbean islands slammed with double financial hit

USATODAY.com: "The Caribbean is facing its worst tourism downturn since the Sept. 11 attacks, due to a double blow from the world economic crisis and sweeping airline cutbacks, especially by the region's dominant carrier, American Airlines. Though carriers such as JetBlue expanded and American restored some capacity, January non-stop capacity between the regions remains 9% below last year from the Lower 48 to the Caribbean.

While some islands have other industries, such as banking or oil refineries to pick up the slack, the Caribbean relies on tourism more than any other region in the world — with two-thirds of visitors coming from the USA."

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