{"id":208478,"date":"2024-08-07T11:21:25","date_gmt":"2024-08-07T15:21:25","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=208478"},"modified":"2024-08-07T11:21:26","modified_gmt":"2024-08-07T15:21:26","slug":"new-liat-2020-takes-to-skies","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/new-liat-2020-takes-to-skies\/","title":{"rendered":"New \u2018LIAT 2020\u2019 takes to skies"},"content":{"rendered":"
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The newly formed LIAT 2020 made its inaugural flight to Saint Lucia on Tuesday, signalling the return to the skies of the inter-regional airline, whose previous owners, LIAT (1974) Limited went bankrupt in January this year.<\/p>

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LIAT 1974 Limited has been under administration since July 24, 2020, and the new entity has been formed in partnership with Air Peace, a private Nigerian airline founded in 2013.<\/p>

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Earlier this year Prime Minister Gaston Browne said that Air Peace would be putting in close to $130 million (US$65 million), while the government is investing $40 million (US$20 million).<\/p>

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Speaking at the launching ceremony, Prime Minister Browne said: \u201cToday is indeed a momentous occasion in which we celebrate the inaugural flight of LIAT 2020.\u201d<\/p>\n\n\n\n

Browne said he was pleased to be participating in the event \u201cconsidering the difficulties that we had with LIAT 1974 four years ago.<\/p>

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\u201cI believe that this is a great story of courage, of patience, of resilience and perhaps the message to all of us is that notwithstanding the challenges we should always press on with determination, with optimism, knowing that invariably there is a brighter future for those who have the courage and resilience to fight whatever obstacles are placed in their way\u201d.<\/p>\n\n\n\n

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Browne said the launch of the inaugural flight \u201crepresents a rebirth of LIAT\u201d, recalling having written a re-organisation in 2020 \u201cin which I was trying to convince the other shareholder governments of LIAT 1974, not to collapse LIAT, not to liquidate LIAT\u201d.<\/p>

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He said the re-organisation plan was titled \u201cLIAT rising like a phoenix and today we are actually experiencing LIAT rising like a phoenix from the ashes and I have no doubt based on the quality of the staff and the service that we will provide that LIAT will literally start at the top of the food chain to be the number one carrier within our region\u201d.<\/p>\n\n\n\n

Browne said that the partnership with Air Peace will result in the new company having at least seven new aircraft to service the routes.<\/p>\n\n\n\n

\u201cWe hope to expand LIAT in the coming years as the demand for travel increases within the region,\u201d Browne said, adding that the company will be a \u201csignificant contributor\u201d to the country\u2019s economy.<\/p>\n\n\n\n

He said jobs would be created, airport taxes collected as well as improving the tourism product here.<\/p>\n\n\n\n

\u201cLIAT will be a net economic benefit to the government and people of Antigua and we are also looking forward to a profitable LIAT, one that could generate profits and one in which, perhaps on an annual basis, the Government of Antigua and Barbuda could look forward to a dividend cheque.<\/p>\n\n\n\n

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\u201cBut in any event, even if it struggles to make a profit, I am absolutely confident that it will be a net economic contributor to the economy of Antigua and Barbuda and my government is absolutely committed to the sustainability, and certainly, the viability of LIAT.\u201d<\/p>\n\n\n\n

But Browne said that \u201cclearly we can\u2019t do it alone,\u201d saying \u201cwe need the support of all stakeholders\u201d praising also the workers of LIAT 1974, who had accepted salary cuts to keep the airline flying.<\/p>\n\n\n\n

He said LIAT was necessary for an effective integration movement, saying \u201cLIAT has been and will continue to be  a critical aspect of the integration movement as it contributes to moving people within our region.<\/p>\n\n\n\n

He said with regards to sustaining the airline, it should not be viewed as an opportunistic institution \u201cseeking to cover a short-term demand, but we should see this institution as an institution we are building long term, an institution we can bequeath to future generations . . .\u201d<\/p>\n\n\n\n

Meanwhile, the Chief Executive Officer of LIAT 2020, Hafsah Abdulsalam, said she remained optimistic that the airline, will play a significant role in the future development of the regional integration movement.<\/p>\n\n\n\n

Abdulsalam said she was pleased to be representing \u201cthe other half of our shareholding\u201d an obvious reference to the Nigerian-based Air Peace.<\/p>\n\n\n\n

\u201cThis is a joint venture of two great partnerships,\u201d she said, adding that the inaugural flight \u201crepresents a significant milestone in our journey flying the Caribbean people and beyond.<\/p>\n\n\n\n

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\u201cThe inaugural flight is a testament of our hard work . . . against all the headwinds that have been thrown against them (staff and colleagues),\u201d she said, adding \u201cas we look ahead, this flight is only the beginning.<\/p>\n\n\n\n

\u201cOur commitment, innovation and growth will continue to propel us to new heights. We are excited about the future and the endless possibilities,\u201d she added.<\/p>\n\n\n\n

Antigua and Barbuda\u2019s Minister of Tourism and Aviation, Charles Max Fernandez, said LIAT remains an important stakeholder in regional integration and travel.<\/p>\n\n\n\n

\u201cNo matter how hard we had beaten up on LIAT through the years at the end of the day LIAT has always been there for all of us and I can tell you there has been one in almost every family in the Caribbean who has had a family member working with LIAT.<\/p>\n\n\n\n

\u201cSo LIAT is an integral part of the Caribbean . . . and we need to ensure if we are going to have regional integration we need to have that type of connectivity right through the islands,\u201d Fernandez said, adding that Parliament had to meet in an emergency session on a Saturday in order to prevent LIAT \u201cgoing into a graveyard\u201d.<\/p>\n\n\n\n

Fernandez said that there are a number of naysayers, including some regional leaders \u201cwho were signing the death song of LIAT. . . and at least one of them came full circle and was heard to say we need LIAT.\u201d
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\"\"<\/a><\/div>","protected":false},"excerpt":{"rendered":"

The newly formed LIAT 2020 made its inaugural flight to Saint Lucia on Tuesday, signalling the return to the skies of the inter-regional airline, whose previous owners, LIAT (1974) Limited went bankrupt in January this year. CLICK HERE TO JOIN OUR WHATS APP GROUP LIAT 1974 Limited has been under administration since July 24, 2020, […]<\/p>\n","protected":false},"author":3,"featured_media":208479,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-208478","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nNew \u2018LIAT 2020\u2019 takes to skies - 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\/new-liat-2020-takes-to-skies\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New \u2018LIAT 2020\u2019 takes to skies\" \/>\n<meta property=\"og:description\" content=\"The newly formed LIAT 2020 made its inaugural flight to Saint Lucia on Tuesday, signalling the return to the skies of the inter-regional airline, whose previous owners, LIAT (1974) Limited went bankrupt in January this year. 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