St. Vincent and the Grenadines Prime Minister, Dr. Ralph Gonsalves, has suggested that the planned regional airline, ‘LIAT 2020’, be headquartered in his country.
Gonsalves revealed a Caribbean Development Bank (CDB) proposal that outlines financing and operation plans for a regional airline, hinting at it being situated in St. Vincent.
Despite no confirmation on whether this airline would be ‘LIAT 2020’, significant stakeholders seem poised for a new aviation entity.
The move follows the challenges faced by LIAT (1974), which recently underwent administration due to financial pressures and pandemic impacts.(Observer)
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