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CARICOM will decide LIAT’s future

Regional 27 Jul, 2022 Follow News

LIAT is millions of dollars in debt

Members of the Caribbean Community (CARICOM) will discuss setting up a new regional air carrier or reviving LIAT, Ralph Gonsalves, Saint Vincent and the Grenadines’ prime minister, said.

Gonsalves said recently it is a “matter of urgency” to have a fully functioning airline to aid the free movement of people and goods across the Caribbean as the region rebounds from the pandemic.

The leaders of Antigua and Barbuda, Barbados, Dominica, Grenada, Guyana, Saint Lucia, and Saint Vincent and the Grenadines will be leading the discussions on the new or rebooted carrier, he explained, adding that an aviation consultant will be needed to help them establish a framework.

LIAT was primarily funded by the governments of Barbados, the main shareholder, as well as Antigua & Barbuda, where it is headquartered, Saint Vincent and the Grenadines, and Dominica, but since the cash-strapped pan-Caribbean carrier entered into court-appointed administration in 2020, they have not been able to reach agreement on how to settle outstanding financial obligations.

The prime minister of Saint Lucia, Philip Pierre, agreed that a regional airline - LIAT or a new airline - is needed to facilitate free movement in the Caribbean.

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