Tuesday 7 April, 2020

LIAT Shareholders and Stakeholders Updated on Airline Restructuring

Saint Lucia’s Prime Minister Honourable Allen M. Chastanet joined Prime Minister of Saint Vincent Hon. Ralph Gonsalves, Grenada’s Hon. Keith Mitchell, Barbados’ Hon. Mia Amor Mottley and Antigua and Barbuda’s Hon. Gaston Browne, for an update on the Technical Committee Report on the Restructuring of the LIAT on Monday 22nd October 2018 at the Argyle International Airport in SVG.

The Meeting was Chaired by Prime Minister Gonsalves and also in attendance were Irwin La Rocque - Secretary General of Caricom, Jean Holder - Chairman of the LIAT Board, Julie Reifier-Jones - CEO of LIAT and Didacus Jules  - Director General of the OECS.

LIAT is currently engaged in restructuring as part of its efforts to achieve greater profitability and improve efficiency.

Prime Minister Allen Chastanet is also attending the 66th OECS Authority Meeting today in SVG where a number of matters are being discussed including the Climate Smart initiative and Investment Ready Opportunities for the OECS. Also down for discussion is the establishment of a UWI campus in Antigua and OECS membership in the Inter-American Development Bank.

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