CHAVIATION.COM: The government of Antigua and Barbuda remains committed to the relaunch of LIAT (Antigua and Barbuda) under the new corporate structure of LIAT 2020, despite what it called “hostile attempts” by other Caribbean countries to jeopardise the process, the Antigua Observer has reported.
“The public must be aware that there are hostile attempts to reprise from Antigua the central role that LIAT has played in our economy and as a regional air carrier. LIAT did not just fall out of the sky during Covid-19; there were purposive efforts made to weaken the position of LIAT operating from a hub in Antigua and to re-establish the hub in the southern part of the Caribbean,” Information Minister Melford Nicholas said.
Nicholas pointed the finger at Barbados, one of the shareholders of LIAT, as the main force slowing down the airline’s revival.
LIAT went into administration in July 2020 but managed to restart in November 2020 under a temporary framework and operating a reduced schedule.
The airline’s shareholders resolved to eventually replace it with LIAT 2020, a newco without the legacy costs of LIAT, but the plan has been stuck in limbo over funding for the new entity. While the governments of Antigua and Dominica are committed to financing the newco, the other shareholders have yet to do so.
LIAT was owned by the governments of Antigua and Barbuda, Dominica, Barbados, and St. Vincent and the Grenadines. It currently operates three ATR42-600s.
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Wow wow wow wow PM Brown nobody in the Caribbean want to hear you you’re a 🥧 piece of shit
Why would barbados want to join you and you trashed talked barbados so much because they pulled out of liat. Barbados was the biggest shareholder so they deserved to have liat based there. Majority of the profitable routes were from barbados. Barbados held 49% share. Antigua should have held more. Think about that. Liat was a burden to barbados economy. The same way you’re thinking about your economy barbados is thinking about theirs.
Barbados also guaranteed a lot of Liat debt from CDB. The inefficies and unprofessionalism and inefgiciencies of the Antigua workforce killed Liat. Skerrit and Brown can resuscitate Liat….two of Mia Mottley haters….if they could invade Barbados they would …the hate towards Barbados one of the most charitable countries in the Caribbean who always run to the aid of fellow Caribbean countries when disasters strike despite they do not have much.
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