St. Kitts and Nevis
This commitment by the St. Kitts and Nevis Government was made following a presentation by a three-member delegation from LIAT during Monday’s (March 11) Cabinet meeting.
Led by Diane Shurland, General Counsel and Corporate Secretary, the LIAT delegation discussed with the Federal Cabinet a number of matters currently affecting the cash-stricken airline. Also present were LIAT’s Chief Financial Officer, Mr. Rojer J. Inglis
The high-level advisory committee will be led by the Financial Secretary in the Government of St. Kitts and Nevis, Mrs. Hilary Hazel.
It will also consist of representatives from the Ministry of Tourism, representatives of the St. Christopher Air and Sea Ports Authority and a representative from the Office of the Prime Minister.
That committee will be charged with considering all matters relating to LIAT and the proposals made during Monday’s meeting.
The major shareholders of the regional airline are the governments of Antigua and Barbuda, Barbados, St. Vincent and the Grenadines and Dominica.
Increased efforts are being made to encourage other Caribbean governments to make financial contributions and to support the airline that operates 491 flights weekly across its network of 15 destinations.
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Hmmmmm.
In one year Liat will be back in this position. This is a farce.
How so?
After all this time and so many injections of cash by a few governments LIAT remains a cash strapped indigenous airline. What will it take for Caribbean leaders to understand that the airline has served us well and all should contribute towards its maintenance and growth. By now LIAT should be a substantial airline with the monopoly on inter-state passenger transport, cargo, shipping and everything else that has to do with moving people and things from one place to another. I often hear that the airline is bad investment and will never turn a profit. The caribbean leaders need to wake up and treat it like infrastructure, it is absolutely necessary for our well being. If the airline goes down outside interest will
come in and take its place, leaving us with nothing to call our own. Hats off to the few governments that are committed to keeping the airline alive.
Meanwhile these same countries that REFUSE to pay their FAIR SHARE, are busy subsidizing international airlines. Can you imagine that?
Well said.
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