The story
The airline was established by Guyanese sisters Chandramatie Harpaul and Ramashree Singh to replace the defunct Guyana Airways in 2001. Operations started on December 13, 2001, with a Boeing 767-300ER leased from LOT Polish Airlines non-stop from New York City to Georgetown. The company was financed by 11 investors from Guyana. Catering mainly to Guyanese in the US, the airline focused on the specific needs of this customer base, offering larger baggage allowances and a non-stop route.
It subsequently leased an Airbus A320-200 from TACA Airlines, but was later repossessed in 2005, and Universal Airlines was forced to suspend operations on August 29, 2005. BWIA West Indies Airways assisted stranded passengers during that time.
From Wikipedia’s article on Universal Airlines (Guyana), shared under CC BY-SA 4.0.4