CABINET NOTES:
The Cabinet invited three officials from the Administrative office of LIAT to speak of its future role and expansion. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES.
Two officials were present while the third administrator joined virtually.
In the proposed new LIAT, the salaries, wages and other emoluments will take up a smaller part of its cost of operations. Currently three aircraft are being utilized, as opposed to 10 aircraft before the collapse of LIAT.
The schedule plan for the new LIAT is intended to reflect the commercial needs and fulfillment of the territories; any destination requiring more flights than has been deemed necessary, would make a special payment to realize its ambition.
A minimum revenue guarantee (MRG) would be applied in order to determine what that cost would be.
Every territory to which LIAT flies will be asked to purchase shares, so that the burdens and the benefits can be equitably shared.
The revenue earned by LIAT over these past twenty (20) months shows a small operating profit. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES.
Advertise with the mоѕt vіѕіtеd nеwѕ ѕіtе іn Antigua!
We offer fully customizable and flexible digital marketing packages.
Contact us at [email protected]
Is Liat going to be an Antiguan airline or a regionally owned airline? If it is going to be owned and controlled by the Antiguan government, it is doomed to fail. I thought the meeting would involve all stakeholders on the way forward.
The more they meet,the more they would be destroyed.Governments any where cannot managed anything.If a Government is involved in any Projects.Have you ever heard whereby that project comes in under budget or on budget.It is not their personal monies so no one gives two damns about costs.Poor LIAT,Leaving,Islands,Any,Time.
Comments are closed.