{"id":170026,"date":"2023-03-05T19:26:33","date_gmt":"2023-03-05T23:26:33","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=170026"},"modified":"2023-03-05T19:26:33","modified_gmt":"2023-03-05T23:26:33","slug":"liat-a-caribbean-aviation-asset","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/liat-a-caribbean-aviation-asset\/","title":{"rendered":"LIAT, A Caribbean Aviation Asset"},"content":{"rendered":"
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By Makeda Mikael<\/strong><\/p>

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LIAT, A Caribbean Aviation Asset<\/strong><\/p>\n

Sixty years is a long time to grow an airline\u2019s asset base, especially a regional airline like LIAT which has been the work horse of inter-regional travel in the Caribbean.<\/p>

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An asset base for most businesses can be quickly calculated from the audited financials, and especially in a pandemic when aviation flatlined as thousands of aircraft got grounded, some never to fly again, cannibalized, parts sold,and just the chaos of equipment, makes for wrongful assessment of some airlines\u2019 asset base.<\/p>

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Having survived COVID -although on life support – LIAT has gotten airborne and stayed airborne, not by virtue of its financials, but because of its expertise, the proficiency of its seasoned pilots and engineers, known among the best in the world, and the envy of many regions.<\/p>\n

Aircraft which stay grounded for too long will ultimately cost the airline its licenses, with prohibitive costs to restore, routes get taken by new opportunist regional carriers, in a region where air travel is a demand, not an option.<\/p>

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LIAT did the right thing in staying in the air, and when the Caribbean airline restores itself, even these added costs will be less than starting a new airline from scratch.<\/p>\n

Aviation Assets are more than just equipment, it also logistics, and paramount is the track record in Safety, which is people based and grown as a culture in the airline.<\/p>

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LIAT did and does just that, it has built a culture of Safety and its Engineers, Pilots, Mechanics, team excellently with their Operations and Ramp in executing an atmosphere of LIAT SAFETY.<\/p>

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LIAT\u2019s Safety Record held in place by teamwork is an asset that takes time to achieve, and it would be a damned shame if those aviation uneducated heads of Government in the Caribbean, were to allow insular competitiveness to reverse such a great achievement.<\/p>\n

All this was held in place by the many LIAT employees, who make up the asset, and who have served our islands and countries so well over the past sixty years.<\/p>\n

Our leaders should be ashamed of their could-not-care-less attitude to LIAT employees, on the breadline and being abused when the cry out for relief.<\/p>\n

Just the same way the Governments demand that businesses take care of their employees through Severance, in the same way they need to recognize that LIAT\u2019s predicament was occasioned by them as Chairman & Directors of LIAT, and right the wrongs now meted out against LIAT\u2019s greatest asset!<\/p>\n

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By Makeda Mikael LIAT, A Caribbean Aviation Asset Sixty years is a long time to grow an airline\u2019s asset base, especially a regional airline like LIAT which has been the work horse of inter-regional travel in the Caribbean. An asset base for most businesses can be quickly calculated from the audited financials, and especially in […]<\/p>\n","protected":false},"author":3,"featured_media":135934,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-170026","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nLIAT, A Caribbean Aviation Asset - 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-a-caribbean-aviation-asset\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LIAT, A Caribbean Aviation Asset\" \/>\n<meta property=\"og:description\" content=\"By Makeda Mikael LIAT, A Caribbean Aviation Asset Sixty years is a long time to grow an airline\u2019s asset base, especially a regional airline like LIAT which has been the work horse of inter-regional travel in the Caribbean. 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