{"id":114528,"date":"2020-08-02T09:40:27","date_gmt":"2020-08-02T13:40:27","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=114528"},"modified":"2020-08-02T09:42:33","modified_gmt":"2020-08-02T13:42:33","slug":"browne-seeks-cdb-loan-to-but-two-liat-planes","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/browne-seeks-cdb-loan-to-but-two-liat-planes\/","title":{"rendered":"Browne Seeks CDB Loan To Buy Two LIAT Planes"},"content":{"rendered":"
\"\"<\/a><\/div>
\"\"<\/a><\/div>

Prime Minister Gaston Browne is trying to avoid a possible road block in the reorganization of LIAT by obtaining a loan from the Caribbean Development Bank to purchase two LIAT ATR Planes.<\/p>

\"\"<\/a><\/div>\n

\u201cThe Prime Minister of Barbados Mia Mottley and Prime Minister [Ralph] Gonsalves [of St. Vincent and the Grenadines], they would have written to the Caribbean Development Bank requesting that they sell the three planes and to apply the proceeds, on a proportional basis, in reducing their re-fleeting loan with the Caribbean Development Bank,\u201d Prime Minister Browne told Pointe FM yesterday.<\/p>\n

He said that plan is now faced with a bit of difficulty.<\/p>

\"\"<\/a><\/div>
\"\"<\/a><\/div>\n

\u201cBut Caribbean Development Bank has indicated that in order for them to do that, they will have to call the re-fleeting loan; and because there are certain cross guarantees as well, it means that the other LIAT loans as well, they will be in cross default and they would have to call those.\u201d<\/p>

\"\"<\/a><\/div>\n

\u201cIn the case of Antigua and Barbuda, it\u00a0 would mean that we would have to find about US$25 million, which clearly we don\u2019t have,\u201d Browne said.<\/p>\n

\u201cWe have since written to the Caribbean Development Bank to ask them if they could look at the possibility of extending a certain amount of money to Antigua and Barbuda so that we can payout St Vincent and the Grenadines and Barbados for the two planes that they would have owned out of the three.<\/p>

\"\"<\/a><\/div>\n

\u201cSo, they will get back to us. I\u2019m not too sure if they have the appetite for that but at least we\u2019re trying to see if we can step up with some additional borrowings and to try and resolve the issue amicably,\u201d Browne added.<\/p>\n

 <\/p>\n

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

Prime Minister Gaston Browne is trying to avoid a possible road block in the reorganization of LIAT by obtaining a loan from the Caribbean Development Bank to purchase two LIAT ATR Planes. \u201cThe Prime Minister of Barbados Mia Mottley and Prime Minister [Ralph] Gonsalves [of St. Vincent and the Grenadines], they would have written to […]<\/p>\n","protected":false},"author":3,"featured_media":113764,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-114528","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nBrowne Seeks CDB Loan To Buy Two LIAT Planes - 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\/browne-seeks-cdb-loan-to-but-two-liat-planes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Browne Seeks CDB Loan To Buy Two LIAT Planes\" \/>\n<meta property=\"og:description\" content=\"Prime Minister Gaston Browne is trying to avoid a possible road block in the reorganization of LIAT by obtaining a loan from the Caribbean Development Bank to purchase two LIAT ATR Planes. \u201cThe Prime Minister of Barbados Mia Mottley and Prime Minister [Ralph] Gonsalves [of St. Vincent and the Grenadines], they would have written to […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/antiguanewsroom.com\/browne-seeks-cdb-loan-to-but-two-liat-planes\/\" \/>\n<meta property=\"og:site_name\" content=\"Antigua News Room\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/antiguanewsroom\" \/>\n<meta property=\"article:published_time\" content=\"2020-08-02T13:40:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-08-02T13:42:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mlavawteztbj.i.optimole.com\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2020\/07\/liat-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1259\" \/>\n\t<meta property=\"og:image:height\" content=\"944\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Editor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@AntiguaNewsRoom\" \/>\n<meta name=\"twitter:site\" content=\"@AntiguaNewsRoom\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Editor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/antiguanewsroom.com\/browne-seeks-cdb-loan-to-but-two-liat-planes\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/antiguanewsroom.com\/browne-seeks-cdb-loan-to-but-two-liat-planes\/\"},\"author\":{\"name\":\"Editor\",\"@id\":\"https:\/\/antiguanewsroom.com\/#\/schema\/person\/36cac05ef6398fe56ae3e6317f8535c5\"},\"headline\":\"Browne Seeks CDB Loan To Buy Two LIAT Planes\",\"datePublished\":\"2020-08-02T13:40:27+00:00\",\"dateModified\":\"2020-08-02T13:42:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/antiguanewsroom.com\/browne-seeks-cdb-loan-to-but-two-liat-planes\/\"},\"wordCount\":295,\"commentCount\":14,\"publisher\":{\"@id\":\"https:\/\/antiguanewsroom.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/antiguanewsroom.com\/browne-seeks-cdb-loan-to-but-two-liat-planes\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/mlavawteztbj.i.optimole.com\/w:1259\/h:944\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2020\/07\/liat-1.jpg\",\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/antiguanewsroom.com\/browne-seeks-cdb-loan-to-but-two-liat-planes\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/antiguanewsroom.com\/browne-seeks-cdb-loan-to-but-two-liat-planes\/\",\"url\":\"https:\/\/antiguanewsroom.com\/browne-seeks-cdb-loan-to-but-two-liat-planes\/\",\"name\":\"Browne Seeks CDB Loan To Buy Two LIAT Planes - Antigua News Room\",\"isPartOf\":{\"@id\":\"https:\/\/antiguanewsroom.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/antiguanewsroom.com\/browne-seeks-cdb-loan-to-but-two-liat-planes\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/antiguanewsroom.com\/browne-seeks-cdb-loan-to-but-two-liat-planes\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/mlavawteztbj.i.optimole.com\/w:1259\/h:944\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2020\/07\/liat-1.jpg\",\"datePublished\":\"2020-08-02T13:40:27+00:00\",\"dateModified\":\"2020-08-02T13:42:33+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/antiguanewsroom.com\/browne-seeks-cdb-loan-to-but-two-liat-planes\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/antiguanewsroom.com\/browne-seeks-cdb-loan-to-but-two-liat-planes\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/antiguanewsroom.com\/browne-seeks-cdb-loan-to-but-two-liat-planes\/#primaryimage\",\"url\":\"https:\/\/mlavawteztbj.i.optimole.com\/w:1259\/h:944\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2020\/07\/liat-1.jpg\",\"contentUrl\":\"https:\/\/mlavawteztbj.i.optimole.com\/w:1259\/h:944\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2020\/07\/liat-1.jpg\",\"width\":1259,\"height\":944},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/antiguanewsroom.com\/browne-seeks-cdb-loan-to-but-two-liat-planes\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/antiguanewsroom.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Browne Seeks CDB Loan To Buy Two LIAT Planes\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/antiguanewsroom.com\/#website\",\"url\":\"https:\/\/antiguanewsroom.com\/\",\"name\":\"Antigua News Room\",\"description\":\"News As It Happens\",\"publisher\":{\"@id\":\"https:\/\/antiguanewsroom.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/antiguanewsroom.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/antiguanewsroom.com\/#organization\",\"name\":\"Antigua Newsroom\",\"url\":\"https:\/\/antiguanewsroom.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/antiguanewsroom.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/mlavawteztbj.i.optimole.com\/w:1080\/h:1080\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/08\/IMG_1584.jpeg\",\"contentUrl\":\"https:\/\/mlavawteztbj.i.optimole.com\/w:1080\/h:1080\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/08\/IMG_1584.jpeg\",\"width\":1260,\"height\":1260,\"caption\":\"Antigua Newsroom\"},\"image\":{\"@id\":\"https:\/\/antiguanewsroom.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/antiguanewsroom\",\"https:\/\/x.com\/AntiguaNewsRoom\",\"https:\/\/www.instagram.com\/antiguanewsroom\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/antiguanewsroom.com\/#\/schema\/person\/36cac05ef6398fe56ae3e6317f8535c5\",\"name\":\"Editor\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/antiguanewsroom.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/ad516503a11cd5ca435acc9bb6523536?s=96\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/ad516503a11cd5ca435acc9bb6523536?s=96\",\"caption\":\"Editor\"},\"url\":\"https:\/\/antiguanewsroom.com\/author\/editor\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Browne Seeks CDB Loan To Buy Two LIAT Planes - Antigua News Room","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/antiguanewsroom.com\/browne-seeks-cdb-loan-to-but-two-liat-planes\/","og_locale":"en_US","og_type":"article","og_title":"Browne Seeks CDB Loan To Buy Two LIAT Planes","og_description":"Prime Minister Gaston Browne is trying to avoid a possible road block in the reorganization of LIAT by obtaining a loan from the Caribbean Development Bank to purchase two LIAT ATR Planes. \u201cThe Prime Minister of Barbados Mia Mottley and Prime Minister [Ralph] Gonsalves [of St. Vincent and the Grenadines], they would have written to […]","og_url":"https:\/\/antiguanewsroom.com\/browne-seeks-cdb-loan-to-but-two-liat-planes\/","og_site_name":"Antigua News Room","article_publisher":"https:\/\/www.facebook.com\/antiguanewsroom","article_published_time":"2020-08-02T13:40:27+00:00","article_modified_time":"2020-08-02T13:42:33+00:00","og_image":[{"width":1259,"height":944,"url":"https:\/\/mlavawteztbj.i.optimole.com\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2020\/07\/liat-1.jpg","type":"image\/jpeg"}],"author":"Editor","twitter_card":"summary_large_image","twitter_creator":"@AntiguaNewsRoom","twitter_site":"@AntiguaNewsRoom","twitter_misc":{"Written by":"Editor","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/antiguanewsroom.com\/browne-seeks-cdb-loan-to-but-two-liat-planes\/#article","isPartOf":{"@id":"https:\/\/antiguanewsroom.com\/browne-seeks-cdb-loan-to-but-two-liat-planes\/"},"author":{"name":"Editor","@id":"https:\/\/antiguanewsroom.com\/#\/schema\/person\/36cac05ef6398fe56ae3e6317f8535c5"},"headline":"Browne Seeks CDB Loan To Buy Two LIAT Planes","datePublished":"2020-08-02T13:40:27+00:00","dateModified":"2020-08-02T13:42:33+00:00","mainEntityOfPage":{"@id":"https:\/\/antiguanewsroom.com\/browne-seeks-cdb-loan-to-but-two-liat-planes\/"},"wordCount":295,"commentCount":14,"publisher":{"@id":"https:\/\/antiguanewsroom.com\/#organization"},"image":{"@id":"https:\/\/antiguanewsroom.com\/browne-seeks-cdb-loan-to-but-two-liat-planes\/#primaryimage"},"thumbnailUrl":"https:\/\/mlavawteztbj.i.optimole.com\/w:1259\/h:944\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2020\/07\/liat-1.jpg","articleSection":["News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/antiguanewsroom.com\/browne-seeks-cdb-loan-to-but-two-liat-planes\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/antiguanewsroom.com\/browne-seeks-cdb-loan-to-but-two-liat-planes\/","url":"https:\/\/antiguanewsroom.com\/browne-seeks-cdb-loan-to-but-two-liat-planes\/","name":"Browne Seeks CDB Loan To Buy Two LIAT Planes - Antigua News Room","isPartOf":{"@id":"https:\/\/antiguanewsroom.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/antiguanewsroom.com\/browne-seeks-cdb-loan-to-but-two-liat-planes\/#primaryimage"},"image":{"@id":"https:\/\/antiguanewsroom.com\/browne-seeks-cdb-loan-to-but-two-liat-planes\/#primaryimage"},"thumbnailUrl":"https:\/\/mlavawteztbj.i.optimole.com\/w:1259\/h:944\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2020\/07\/liat-1.jpg","datePublished":"2020-08-02T13:40:27+00:00","dateModified":"2020-08-02T13:42:33+00:00","breadcrumb":{"@id":"https:\/\/antiguanewsroom.com\/browne-seeks-cdb-loan-to-but-two-liat-planes\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/antiguanewsroom.com\/browne-seeks-cdb-loan-to-but-two-liat-planes\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/antiguanewsroom.com\/browne-seeks-cdb-loan-to-but-two-liat-planes\/#primaryimage","url":"https:\/\/mlavawteztbj.i.optimole.com\/w:1259\/h:944\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2020\/07\/liat-1.jpg","contentUrl":"https:\/\/mlavawteztbj.i.optimole.com\/w:1259\/h:944\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2020\/07\/liat-1.jpg","width":1259,"height":944},{"@type":"BreadcrumbList","@id":"https:\/\/antiguanewsroom.com\/browne-seeks-cdb-loan-to-but-two-liat-planes\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/antiguanewsroom.com\/"},{"@type":"ListItem","position":2,"name":"Browne Seeks CDB Loan To Buy Two LIAT Planes"}]},{"@type":"WebSite","@id":"https:\/\/antiguanewsroom.com\/#website","url":"https:\/\/antiguanewsroom.com\/","name":"Antigua News Room","description":"News As It Happens","publisher":{"@id":"https:\/\/antiguanewsroom.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/antiguanewsroom.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/antiguanewsroom.com\/#organization","name":"Antigua Newsroom","url":"https:\/\/antiguanewsroom.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/antiguanewsroom.com\/#\/schema\/logo\/image\/","url":"https:\/\/mlavawteztbj.i.optimole.com\/w:1080\/h:1080\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/08\/IMG_1584.jpeg","contentUrl":"https:\/\/mlavawteztbj.i.optimole.com\/w:1080\/h:1080\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/08\/IMG_1584.jpeg","width":1260,"height":1260,"caption":"Antigua Newsroom"},"image":{"@id":"https:\/\/antiguanewsroom.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/antiguanewsroom","https:\/\/x.com\/AntiguaNewsRoom","https:\/\/www.instagram.com\/antiguanewsroom\/"]},{"@type":"Person","@id":"https:\/\/antiguanewsroom.com\/#\/schema\/person\/36cac05ef6398fe56ae3e6317f8535c5","name":"Editor","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/antiguanewsroom.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/ad516503a11cd5ca435acc9bb6523536?s=96","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ad516503a11cd5ca435acc9bb6523536?s=96","caption":"Editor"},"url":"https:\/\/antiguanewsroom.com\/author\/editor\/"}]}},"_links":{"self":[{"href":"https:\/\/antiguanewsroom.com\/anr-api\/wp\/v2\/posts\/114528","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/antiguanewsroom.com\/anr-api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/antiguanewsroom.com\/anr-api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/antiguanewsroom.com\/anr-api\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/antiguanewsroom.com\/anr-api\/wp\/v2\/comments?post=114528"}],"version-history":[{"count":0,"href":"https:\/\/antiguanewsroom.com\/anr-api\/wp\/v2\/posts\/114528\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/antiguanewsroom.com\/anr-api\/wp\/v2\/media\/113764"}],"wp:attachment":[{"href":"https:\/\/antiguanewsroom.com\/anr-api\/wp\/v2\/media?parent=114528"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/antiguanewsroom.com\/anr-api\/wp\/v2\/categories?post=114528"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/antiguanewsroom.com\/anr-api\/wp\/v2\/tags?post=114528"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}