Barbados Willing To Sell Shares In LIAT – PM


Prime Minister Gaston Browne says Barbados is willing to sell its shares in LIAT.

Browne said his government will make a proposal to that effect to Prime Minister Mia Mottley.

But he said ahead of the formal proposal, Attorney General Steadroy “Cutie” had a conversation with Mottley over the weekend.

“My understanding is that there is a willingness to cooperate, in fact, the Attorney General told me that he spoke to the prime minister of Barbados, my dear friend Mia just over the weekend and she indicated a willingness to sell. So we anticipate that they will accept,” Browne said.

He told radio listeners that his government will not allow LIAT to fail.

Browne said, “One thing I can say to the people of Antigua and Barbuda and the people of the Caribbean is that my government is determined to keep LIAT in the air.”

LIAT needs urgent funding to stay afloat. Recently, Grenada and St. Kitts each committed to contribute a million dollars towards the survivability of the airline.

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  1. Let LIAT fail.Let it be taken over by a private conglomerate.Keep all Governments hands off and out of it.Governments should be involved only to regulate the Airline Industry.Stop filling the Board with Politicians would be a plus for LIAT.They are nothing more than stumbling blocks, greedy,fat,bastards.

    • Bugsy, the risk with your idea is that if LIAT land into private hands then when they face financial issue like this they would just shut down shop and leave town. This would handicap regional travelers.

    • Weren’t they first in private hands when government then had to step in to prevent closure? Government did not have to also perform a kind of bail out for Caribbean Star? Air Jamaica was government, then private (Stewart) and then government again. Brethen take the time and examine what’s going on so you can ensure you suggest workable options

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