Local News; LIAT’s ex-pilots make fresh severance bid. It’s essential. LIAT liquidation halted: Airline could resume operations in 90 days Dionne Baptiste Created : 21 July 2020 Travel The airline (officially registered as LIAT (1974) Ltd) which carried a debt of EC $12 million (US $4.4 million) in 2019, finally reached the end of the road as Antigua and Barbuda’s Prime Minister Gaston Browne announced that the airline would need to be liquidated, but insisted that a new airline would need to take its place to maintain connectivity within the Caribbean. Caribbean regional airline, LIAT (LIA, Antigua), currently in administration, may return to operations as early as November 2020, according to Antigua’s Information Minister Melford Nicholas. LIAT, The Caribbean Airline, has been forced to suspend services to two (2) of its previously announced destinations while it awaits the approval from the relevant authorities in Barbados and St. Vincent & the Grenadines. The Prime Minister of Antigua and Barbuda announced over the weekend that the regional carrier LIAT Ltd. Airlines will likely face liquidation in 2020. LIAT is set to restart service on November 1, 2020, at least according to information from the Antigua and Barbuda cabinet. LIAT is one of the leading airlines in the Caribbean. LAT, after bailouts from its shareholder partners, is slated for liquidation amidst a heavy debt burden exceeding a hundred million dollars, accoridng to Chair of Shareholder Governments, Dr Ralph Gonsalves. One of ten aircraft which LIAT operates . LIAT restored commercial passenger flights across the region late last month, but announced early in December that services to Barbados […] Regionally run airlines with governments offering subsidised tax breaks to the airlines, will presents itself faverable to tourists looking to travel between islands as well as locals. It was reported that LIATs liquidation was spurred by a very unprofitable 2019 and the current COVID-19 pandemic accelerated its collapse. St. John's (Antigua and Barbuda) (AFP) - A Caribbean airline that helps bind together the region's many island nations has been saved from going under -- at least for now -- by a rescue plan led by the government of Antigua and Barbuda. The airline had previously announced services to Barbados and St. Vincent & the Grenadines and was scheduled to begin flights […] This news was made in a statement by the Office of the Prime Minister of Antigua and Barbuda. Share 2. Former pilots of regional airline LIAT have renewed their calls for severance payments and other outstanding money’s due to them to be paid. Home; Contact Us; Classifieds ; Mounting local concerns about refunds as LIAT faces closure. Tweet. Browne also made a case for the new airline to retain the “LIAT” name and for St. John’s to remain its headquarters. However, he did not commit to a firm date for its relaunch: “It’s likely to happen in the new month. Liat News . LIAT to relaunch. Caribbean News Service (CNS) — LIAT’s major shareholders have reached an agreement, which Antigua and Barbuda’s Prime Minister Gaston Browne said could see the airline flying again “in 60 to 90 days.” The shareholder, which also includes the governments of Barbados, St. Vincent and the Grenadines and Dominica, met virtually late on Monday for Browne […] 30 June 2020; Antiguan prime minister, Gaston Browne, has wanted LIAT will be liquidated following years of financial losses. He was LIAT’s sole employee, operating one three-seater Piper Apache aircraft flying between Antigua and Montserrat. LIAT announced in November the resumption of flights five days a week to seven destinations. LIAT Limited (The Caribbean Airline) (Antigua) has started its fleet upgrade with the first new ATR 72-600 aircraft delivered today (June 14). LIAT (1974) Ltd, formerly known as Leeward Islands Air Transport Services and operating as LIAT, is a regional airline headquartered in Antigua and Barbuda that operated high-frequency inter-island scheduled services to 15 destinations in the Caribbean. 8 were here. LIAT. Airline News; LIAT likely to face liquidation in Caribbean . Share. 56K likes. The Caribbean regional airline, LIAT, is currently in administration, but is set relaunch in November 2020. Antigua and Barbuda’s Foreign Affairs Minister, EP Chet Greene, has welcomed the return of Antigua-based carrier LIAT to Barbados and St Vincent and the Grenadines, after both countries restricted the airline for a few weeks. 1. Airlines in the Caribbean should be competitive in order to help make the cost of flying more affordable, especially for locals, and tourists alike. CARICOM, July 4, 2020 - With the collapse of the ailing Regional airline, LIAT (1974) Ltd., despite herculean efforts by Antigua and Barbuda’s PM, Gaston Browne to save the carrier, six privately owned air carriers are being considered to take over LIAT’s travel routes, in … LIAT will form a new airline. The Caribbean airline LIAT formally known as Leeward Islands Air Transport is on the brink of liquidation, according to Antigua and Barbuda Prime Minister Gaston Browne The Prime Minister said in Barbados Today there will be a meeting of all shareholders shortly to discuss collapsing LIAT and a new entity will be formed. LIAT has been granted permission to fly to Barbados, Prime Minister Gaston Browne has announced. OH, how many millions would have gone down the drain. By Kamal Haynes, BVI News Staff With the financially strapped regional airline LIAT facing the likelihood of being liquidated, many stranded customers. Pin. The airline's main base was V.C. It now appears that our not so be bright PM as said by the SLP , is beginning to look very bright. ST. JOHN’S Antigua, Dec 5, CMC – The Antigua-based regional airline, LIAT, on Saturday said it has been forced to suspend services to two of its previously announced destinations while it awaits the approval from the relevant authorities in Barbados and St Vincent and the Grenadines, two former shareholder governments of the financially-strapped airline. LIAT, The Caribbean Airline is currently under Administration and is restructuring to better serve the Caribbean. The airline entered into administration in July after years of financial difficulty were exacerbated by the COVID-19 pandemic. By Rick Shideler. The permission was granted on Wednesday. Dominica News Online - Friday, May 3rd, 2019 at 11:46 AM. Editor - December 23, 2020. LIAT to relaunch in mid-4Q20 29.10.2020 - 05:00 UTC. Share on Facebook. I would not want to hazard a date,” he told the Antigua Observer. In addition to SVG, the airline also had to suspend flights to Barbados earlier this month. Tweet. in All News / By: Kamal Haynes on July 13, 2020 at 7:21 AM / By Kamal Haynes, BVI News Staff. LIAT Facing Liquidation and Restructuring. Share . Caribbean regional airline, LIAT (LI, Antigua), currently in administration, is to relaunch on November 1, 2020, according to the Office of the Prime Minister of Antigua and Barbuda. October 23, 2020. MIAMI – Gaston Browne, Prime Minister of Antigua and Barbuda, has announced that LIAT will enter liquidation and a new airline will take its place.. Speaking on local radio, Browne said that COVID-19 had not helped the Airline’s financial state. News; Caribbean; LIAT to Return to the Skies on November 1. June 28, 2020 At 8:06 am . The airline will be restarting regular commercial schedules to a limited number of destinations. [ News ] June 30, 2020 9:15 am ET. LIAT’s court-appointed administrator, Cleveland Seaforth received the confirmation via email on Tuesday afternoon. 2 Shares. This first ATR in LIAT’s fleet is being leased from GECAS (GE Capital Aviation Services). By. Tweet on Twitter. Prime Minister Mia Amor Mottley announced that the shareholder governments are forging ahead with the decision to liquidate the cash-strapped LIAT while welcoming six private airlines … 29.10.2020. News. Meanwhile, the LIAT administrator says all issues have been resolved relating to St Vincent and the Grenadines and a date for […] In 1957 the airline extended its route structure to include St Eustatius, St Maarten and St Kitts. LIAT was founded by aviation pioneer, Sir Frank Delisle in October 1956. But Gonsalves, in his comments on Saturday, was also focussed on severance pay for Vincentians employed by the airline, but remained non-committal, saying that Kingstown did not want to expose itself to claims from other LIAT creditors in SVG. LIAT likely to face liquidation in Caribbean. After been dragged to the street for not investing in a failing company, St. Lucian should say thanks to PM Allen for making a business decision. Pin. The 45-year-old LIAT, owned by a handful of regional governments, provides vital service between 15 Caribbean countries, connected by economics and … St. JOHN’S, Antigua (CMC) — Prime Minister Gaston Browne says Barbados has agreed to sell almost all of its shares in the cash strapped regional airline, LIAT, to Antigua and Barbuda. “You would […] The airline is currently under administration. It is the first time that the airline has operated since it suspended commercial services in March due to the COVID-19 pandemic. LIAT’s departure from the regional air travel scene leaves travellers to Dominica with five airlines from which to choose. LIAT shareholders have agreed to give further consideration to a proposal by Prime Minister Gaston Browne regarding the future direction of the airline. 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