Posted on

Govts won’t support LIAT


Geralyn Edward

Govts won’t support LIAT

Social Share
Share

Some Caribbean Governments have been accused of “drinking milk through the fence [for free] but don’t want to buy the cow” when it comes to LIAT.
A frank Caribbean Development Bank (CDB) president Dr Warren Smith charged that regional governments had together shelled out more than $100 million annually in subsidies to foreign carriers to fly to their countries but some of them refused to invest in the struggling regional carrier that faithfully served their countries.
He accused some countries of not paying anything but still wanted to “enjoy the sweets”.
Insisting that regional transport, including aviation, cried out for a “regional solution”, Smith said LIAT had never made a profit because of its economic and social functions.
Read the full story in today’s MIDWEEK NATION.

LAST NEWS