Seaborne Airlines (BB, San Juan Luis Muñoz Marin) has an reached agreement with the Commonwealth of Puerto Rico to relocate its corporate headquarters from St. Croix in the U.S. Virgin Islands to San Juan, Puerto Rico, as part of a multi-faceted arrangement. Under the agreement, set to be complete by March 2014, Puerto Rico will take an equity stake in the airline and have two seats on the Board of Directors of Seaborne's parent company, Coastal International Airways. The move will also create 400 jobs in Puerto Rico, 150 of which will be added in the first quarter of 2014. As a result of the merger, a number of new routes, crucial to Puerto Rico's tourism and export growth, will be added among them: San Juan Luis Muñoz Marin to La Romana International, Nevis, Basseterre, Punta Cana and St. Maarten. These San Juan routes will be serviced by the airline's growing fleet of Saab 340Bs, expected to reach sixteen in the long run. No change to existing routes, or Seaplane operations in the U.S. Virgin Islands, is planned as a result of this agreement.