However he itched to start out his personal firm, the household assertion mentioned, and he seized a chance in 1968 when he acknowledged the enchantment of air-conditioning for individuals residing in an island local weather. He based his first enterprise, Equipment Merchants Ltd., after he persuaded the Fedders Corp. of Edison, N.J., to permit him to characterize the model in Jamaica.
From there, Mr. Stewart developed his overarching enterprise philosophy: “Discover out what individuals need, give it to them and, in doing so, exceed their expectations,” the household assertion mentioned. At first, Adam Stewart mentioned, this concerned being keen to put in air-conditioners for his prospects any time, day or night time.
“He did no matter it took,” Adam Stewart mentioned.
Mr. Stewart’s work with the Sandals and Seashores resorts led to management roles in Jamaica’s tourism business, together with a decade as director of the Jamaica Vacationer Board. In 1992, his Butch Stewart Initiative pumped $1 million every week into the overseas alternate market to assist halt the slide of the Jamaican greenback.
In 1994, he led a bunch of traders that took management of Air Jamaica, the Caribbean’s largest regional service. He put collectively an funding group that paid $37.5 million for 70 p.c of the airline, giving himself a 46 p.c stake.
The transfer was the sort of grand public gesture Mr. Stewart had change into well-known for, as The New York Times reported in an article concerning the transfer.
On the helm of the troubled state-owned airline, Mr. Stewart began adding routes and improving service. As a part of the turnaround, he elevated the airline’s income and grabbed market share from rivals.
“One factor it’s a must to give Butch Stewart, he’s going to attempt every little thing to make the corporate work,” Peter J. Dolara, a senior vp of American Airways on the time, advised The Occasions. “The person is a ferocious competitor.”