- BARBADOS EMPLOYERS' CONFEDERATION: 24/7 operations and the issues Read More
- THE HOYOS FILE: No country for falling oil prices Read More
- Slip Stream could flow today Read More
- Payback time Read More
- EDITORIAL: Don’t trigger moral panic Read More
- SATURDAY'S CHILD: Say cheese and smile Read More
- Friday nights for wine and sax Read More
LIAT said yesterday it could no longer run a charity airline as it announced that it was cutting back on flight frequencies to several loss-making destinations. The revelation came as the airline’s chief executive officer Ian Brunton announced a new business plan hinging mainly on a complete fleet change as well as new markets. Executives hope that the measures, which are both structural and asset-based, will help the company reverse its current losses and record a profit of EC$7 million (BDS$5.1m) next year. As he disclosed details of the plan to regional journalists at a news conference at the Antigua and Barbuda Hospitality Training Institute in St John’s, Brunton said LIAT had already begun to ring the changes.