{"id":110276,"date":"2020-05-10T10:40:42","date_gmt":"2020-05-10T14:40:42","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=110276"},"modified":"2020-05-10T10:40:42","modified_gmt":"2020-05-10T14:40:42","slug":"liat-is-in-a-very-precarious-situation-and-will-need-a-bailout-antigua-pm-says","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/liat-is-in-a-very-precarious-situation-and-will-need-a-bailout-antigua-pm-says\/","title":{"rendered":"LIAT is in \u2018a very precarious situation\u2019 and will need a bailout, Antigua PM says"},"content":{"rendered":"
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Antigua and Barbuda Prime Minister Gaston Browne says COVID-19 has dealt a severe blow to regional airline LIAT, and the carrier will be in need of a bailout.<\/p>

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Browne was at the time reacting to Friday\u2019s US FAA downgrade of the Eastern Caribbean Aviation system and its impact of the beleaguered LIAT.<\/p>\n

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\u201cLuckily for us though, they didn\u2019t take any decision, for example, that LIAT, which is the sub-regional airline and regional airline for that matter, that LIAT cannot continue to fly within US territories to include the US Virgin Islands,\u201d Browne said Saturday on Pointe FM\u2019s Browne & Browne show.<\/b><\/div>\n<\/div>\n

\u201cWe\u2019ll be able to continue to conduct business as usual but if we had planned, and we\u2019ve had discussions along those lines, because LIAT had route rights going into the United States. So, if we wanted to expand the service of LIAT then clearly no new schedules could be introduced.\u201d<\/p>

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But the Prime Minister added that LIAT would be in a position anytime soon to expand its market into the United States.<\/p>

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\u201cIn fact, LIAT\u2019s first situation now is to stabilize it\u2019s situation,\u201d he said.<\/p>\n

\u201cLIAT was already in a very precarious situation and COVID would have worsened the situation. So right now LIAT, just like any other airline globally, will be in need of a bailout.\u201d<\/p>

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LIAT\u2019s passenger services are currently suspended until May 15.<\/p>\n

Last month Chief Executive Officer Julie Reifer-Jones explained that the suspension was based on a review by the Board of Directors and Executive Management of the airline.<\/p>

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\u201cSeveral destinations have extended their border closures and instituted strict travel restrictions, which mean that passengers are unable to travel,\u201d Reifer-Jones said.<\/p>

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While the airline continues to operate with a skeletal staff, she advised that the airline was working to resume operations across the LIAT network as soon as it was feasible to do so.<\/p>\n

\"\"<\/a><\/div>","protected":false},"excerpt":{"rendered":"

Antigua and Barbuda Prime Minister Gaston Browne says COVID-19 has dealt a severe blow to regional airline LIAT, and the carrier will be in need of a bailout. Browne was at the time reacting to Friday\u2019s US FAA downgrade of the Eastern Caribbean Aviation system and its impact of the beleaguered LIAT. \u201cLuckily for us […]<\/p>\n","protected":false},"author":3,"featured_media":72760,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-110276","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nLIAT is in \u2018a very precarious situation\u2019 and will need a bailout, Antigua PM says - Antigua News Room<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/antiguanewsroom.com\/liat-is-in-a-very-precarious-situation-and-will-need-a-bailout-antigua-pm-says\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LIAT is in \u2018a very precarious situation\u2019 and will need a bailout, Antigua PM says\" \/>\n<meta property=\"og:description\" content=\"Antigua and Barbuda Prime Minister Gaston Browne says COVID-19 has dealt a severe blow to regional airline LIAT, and the carrier will be in need of a bailout. 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