{"id":118615,"date":"2020-10-19T07:34:17","date_gmt":"2020-10-19T11:34:17","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=118615"},"modified":"2020-10-19T07:34:17","modified_gmt":"2020-10-19T11:34:17","slug":"pm-warns-liat-bad-eggs-not-to-obstruct-recovery","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/pm-warns-liat-bad-eggs-not-to-obstruct-recovery\/","title":{"rendered":"PM warns LIAT \u2018bad eggs\u2019 not to obstruct recovery"},"content":{"rendered":"
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Pointe Xpress:<\/strong> Prime Minister Gaston Browne has sounded a warning to people he has labeled as \u201csome of the bad eggs within LIAT\u201d.<\/p>

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Browne suggested that these unidentified elements had been \u201cagitating and planning all kinds of strategies\u201d amid ongoing efforts to restructure the bankrupt airline and return it to the skies.<\/p>\n

\u201cAll I have to say to them is that LIAT is bigger than them and the aviation sector is also bigger than them. We know that there is displacement. They have to allow us to build back LIAT and as we build it back there will be re-employment opportunities for them, but if some of those bad eggs are trying to pursue certain strategies to undermine LIAT, we\u2019re going to fight them,\u201d he stated.<\/p>

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LIAT has been placed under judicial administration in order to protect it from claims by creditors, which would have likely resulted in it being dismantled to pay off debts.<\/p>

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Prime Minister Browne has opposed any such dissolution, arguing that with the airline\u2019s debts and liabilities far exceeding its assets, creditors, including staff owed severance and other entitlements, would eventually have to settle for mere cents on the dollar, if anything at all.<\/p>\n

Speaking on Saturday on\u00a0The Browne and Browne show<\/strong>, the prime minister said, \u201cUltimately we have to make sure at this point that we have a very lean LIAT, a LIAT that can sustain itself, a LIAT that can assist with the connectivity that is needed within the Caribbean area and we are not going to allow any group of individuals to undermine what we are doing.\u201d The prime minister added that he is aware that some of these individuals declared this distrust of him in a recently held private meeting.<\/p>

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\u201cThey don\u2019t have to trust me,\u201d Browne said, \u201cjust know that what we are doing here and what my government is doing here is in the best interest of the people of Antigua and Barbuda. We\u2019re not going to pay six, seven hundred people money every month to maintain a bloated LIAT that we cannot sustain and then we have to collapse it.\u201d<\/p>\n

According to Browne, \u201cWe have to have a very lean LIAT going forward, one that can even turn a nominal profit and there is no other way that could happen. So, those of you who believe you can sit down and government sends you a check every month and pay you, it\u2019s not going to happen.\u201d<\/p>

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The prime minister underscored the fact that the interest of Antigua and Barbuda and the importance of aviation services are foremost considerations. He called on those owed severance and other terminal payments to understand that everything possible would be done to pay them.<\/p>

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Based on the poor financial shape of LIAT, he further disclosed that these payments would not likely \u00a0exceed 10 percent of the sums due, but the restructuring process will consider if this can be increased and, if so, by what amount. \u201cYou\u2019ve got to cooperate,\u201d he told the accused agitators.<\/p>\n

\u201cYou cannot be sending threats and all your snide remarks. The bad culture that we had in LIAT, we\u2019re eliminating that. Going forward, LIAT will be a new lean entity and we want disciplined people. All you rotten eggs who were giving trouble over the years, as far as I am concerned the [Administrator] should not take you all back. He should look into {your] background, those of you who refused to work and were on long periods of sick leave and so on, gaming the system and scheming the system. Those bad practices helped to bankrupt LIAT over the years. My government is not going to stand for that kind of foolishness, and those of you who want to fight, we are willing to fight you all.\u201d<\/p>\n

Browne expressed confidence in the airline\u2019s future, saying, \u201cAll I know is that LIAT is going back into the air and LIAT will be an efficient enterprise that will provide connectivity for the Caribbean people. So I\u2019m telling you all do not stand in the way of national development.\u201d<\/p>\n

Shelton Daniel \u2013 Pointe Express<\/em><\/p>\n

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Pointe Xpress: Prime Minister Gaston Browne has sounded a warning to people he has labeled as \u201csome of the bad eggs within LIAT\u201d. Browne suggested that these unidentified elements had been \u201cagitating and planning all kinds of strategies\u201d amid ongoing efforts to restructure the bankrupt airline and return it to the skies. \u201cAll I have […]<\/p>\n","protected":false},"author":3,"featured_media":98622,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[118,119,117,116,107,88,102,94,96,91,90,99,92,114,115,98,108,106,104,109,95,105,110,112,113,111,101,103,97],"class_list":["post-118615","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics","tag-268-antigua","tag-268-antigua-barbuda","tag-268-antigua-today","tag-268-today","tag-advertise-in-antigua","tag-antigua","tag-antigua-barbuda","tag-antigua-and-barbuda","tag-antigua-breaking-news","tag-antigua-caribbean","tag-antigua-crime","tag-antigua-economy-news","tag-antigua-news","tag-antigua-news-rooom","tag-antigua-observer","tag-antigua-politics","tag-antiguan-news","tag-barbuda","tag-barbuda-news","tag-barbudan-news","tag-breaking-news-antigua","tag-news","tag-news-antigua","tag-news-antigua-barbuda","tag-news-antigua-and-barbuda","tag-news-barbuda","tag-news-in-antigua","tag-news-in-barbuda","tag-tourism-news"],"yoast_head":"\nPM warns LIAT \u2018bad eggs\u2019 not to obstruct recovery - 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\/pm-warns-liat-bad-eggs-not-to-obstruct-recovery\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PM warns LIAT \u2018bad eggs\u2019 not to obstruct recovery\" \/>\n<meta property=\"og:description\" content=\"Pointe Xpress: Prime Minister Gaston Browne has sounded a warning to people he has labeled as \u201csome of the bad eggs within LIAT\u201d. 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