• Today
    August 15

  • 04:41 PM

LIAT future still uncertain


Added 12 July 2020


ST JOHN’S, Antigua – The financially strapped regional airline, LIAT, Friday, said that its future would only be known after the next annual general meeting “which has not yet been scheduled”.

In April, the airline, which is in debt to more than EC$100 million, announced the suspension of commercial flights until June 30 due to the coronavirus (COVID-19) pandemic that resulted in many Caribbean countries  shutting down their borders.

LIAT flies to 21 destinations and operates an average of 112 daily flights within a complex network combining profitable and unprofitable routes.

But earlier this month, the major shareholder governments of the Antigua-based airline, announced plans to liquidate the company. However St John’s has said that it does not support the idea put forward by the other shareholders, namely Barbados, St Vincent and the Grenadines and Dominica.

Antigua has already announced plans for a new LIAT 2020 and said that it has so far raised EC$20 million towards the venture, while Bridgetown and Kingstown have indicated that there are six airlines waiting to take over airline’s role in intra-regional travel.

In a statement, Friday, the airline said during the suspension of its services it has “been working with a view to restart our operations as soon as possible.

“While the Board and Shareholders have considered numerous proposals to safeguard the survival of LIAT, the COVID-19 crisis has created unprecedented challenges. These challenges have led to options which include a proposal to liquidate the airline.

“Further information about LIAT’s future will only be available after LIAT’s next Annual General Meeting which has not yet been scheduled.  As a result, we deeply regret that we are unable to provide any further information to assure you but promise to update you as soon as a decision has been made,” the statement added. (CMC)


Dos and Donts

Welcome to our discussion forum here on nationnews.com. We encourage lively debate, but we also urge you to take note of the following:

  • Stay on topic – This helps keep the thread focused on the discussion at hand. If you would like to discuss another topic, look for a relevant article.
  • Be respectful – Meeting differences of opinion with civil discussion encourages multiple perspectives and a positive commenting environment.
  • Do not type in capitals – In addition to being considered “shouting” it is also difficult to read.
  • All comments will be moderated – Given the volume of comments each day, this may take some time. So please be patient.
  • We reserve the right to remove comments – Comments that we find to be abusive, spam, libellous, hateful, off-topic or harassing may be removed.
  • Reproduction of comments – Some of your comments may be reproduced on the website or in our daily newspapers. We will use the handle, not your email address.
  • Do not advertise – Please contact our Advertising Department.
  • Contact our Online Editor if you have questions or concerns.
  • Read our full Commenting Policy and Terms of Use.
comments powered by Disqus


Should Government provide back-to-school assistance for parents who lost their jobs because of COVID-19?