The 45-year-old LIAT, owned by a handful of regional governments, provides vital service between 15 Caribbean countries, connected by economics and … This first ATR in LIAT’s fleet is being leased from GECAS (GE Capital Aviation Services). The airline's main base was V.C. MIAMI – Gaston Browne, Prime Minister of Antigua and Barbuda, has announced that LIAT will enter liquidation and a new airline will take its place.. By Kamal Haynes, BVI News Staff With the financially strapped regional airline LIAT facing the likelihood of being liquidated, many stranded customers. By. The airline had previously announced services to Barbados and St. Vincent & the Grenadines and was scheduled to begin flights […] It now appears that our not so be bright PM as said by the SLP , is beginning to look very bright. 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 […] LIAT to relaunch in mid-4Q20 29.10.2020 - 05:00 UTC. 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. Meanwhile, the LIAT administrator says all issues have been resolved relating to St Vincent and the Grenadines and a date for […] By Rick Shideler. 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 restored commercial passenger flights across the region late last month, but announced early in December that services to Barbados […] The permission was granted on Wednesday. 8 were here. LIAT’s departure from the regional air travel scene leaves travellers to Dominica with five airlines from which to choose. In 1957 the airline extended its route structure to include St Eustatius, St Maarten and St Kitts. 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. 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. LIAT Limited (The Caribbean Airline) (Antigua) has started its fleet upgrade with the first new ATR 72-600 aircraft delivered today (June 14). 2 Shares. I would not want to hazard a date,” he told the Antigua Observer. 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. It was reported that LIATs liquidation was spurred by a very unprofitable 2019 and the current COVID-19 pandemic accelerated its collapse. Share . 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. Browne also made a case for the new airline to retain the “LIAT” name and for St. John’s to remain its headquarters. The Caribbean regional airline, LIAT, is currently in administration, but is set relaunch in November 2020. LIAT announced in November the resumption of flights five days a week to seven destinations. OH, how many millions would have gone down the drain. 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 News . News; Caribbean; LIAT to Return to the Skies on November 1. LIAT will form a new airline. It’s essential. He was LIAT’s sole employee, operating one three-seater Piper Apache aircraft flying between Antigua and Montserrat. June 28, 2020 At 8:06 am . The airline entered into administration in July after years of financial difficulty were exacerbated by the COVID-19 pandemic. LIAT’s court-appointed administrator, Cleveland Seaforth received the confirmation via email on Tuesday afternoon. 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. 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. Pin. Share. Speaking on local radio, Browne said that COVID-19 had not helped the Airline’s financial state. Local News; LIAT’s ex-pilots make fresh severance bid. in All News / By: Kamal Haynes on July 13, 2020 at 7:21 AM / By Kamal Haynes, BVI News Staff. Former pilots of regional airline LIAT have renewed their calls for severance payments and other outstanding money’s due to them to be paid. LIAT. LIAT was founded by aviation pioneer, Sir Frank Delisle in October 1956. Share 2. LIAT is set to restart service on November 1, 2020, at least according to information from the Antigua and Barbuda cabinet. After being shuttered for months, regional Caribbean carrier LIAT has returned to flying. 30 June 2020 Airline News. One of ten aircraft which LIAT operates . 1. 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. In addition to SVG, the airline also had to suspend flights to Barbados earlier this month. LIAT has been granted permission to fly to Barbados, Prime Minister Gaston Browne has announced. Airlines in the Caribbean should be competitive in order to help make the cost of flying more affordable, especially for locals, and tourists alike. 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 shareholders have agreed to give further consideration to a proposal by Prime Minister Gaston Browne regarding the future direction of the airline. LIAT liquidation halted: Airline could resume operations in 90 days Dionne Baptiste Created : 21 July 2020 Travel LIAT Facing Liquidation and Restructuring. News. Tweet on Twitter. Breaking news - LIAT to be liquidated and new airline formed. Tweet. As an island in an archipelago, connectivity is vital, and allowing LIAT to collapse without investing in an alternative is non-negotiable. Share on Facebook. It is the first time that the airline has operated since it suspended commercial services in March due to the COVID-19 pandemic. This is the first of a total of eight ATRs (four 68-seat ATR 72-600s and four 48-seat ATR 42-600s) that will be introduced into LIAT’s fleet. 30 June 2020; Antiguan prime minister, Gaston Browne, has wanted LIAT will be liquidated following years of financial losses. Tweet. October 23, 2020. The airline is currently under administration. However, he did not commit to a firm date for its relaunch: “It’s likely to happen in the new month. This news was made in a statement by the Office of the Prime Minister of Antigua and Barbuda. 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. Home; Contact Us; Classifieds ; Mounting local concerns about refunds as LIAT faces closure. Dominica News Online - Friday, May 3rd, 2019 at 11:46 AM. “You would […] 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. In a local radio interview in Antigua, Gaston Browne spoke confidently about the need for a new airline to be formed in Antigua. LIAT is one of the leading airlines in the Caribbean. 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. [ News ] June 30, 2020 9:15 am ET. Caribbean Airlines has begun extending its services to a number of places regionally after its competitor, LIAT, indicated uncertainty in its future endeavours. LIAT to relaunch. 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. 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 … Editor - December 23, 2020. The airline will be restarting regular commercial schedules to a limited number of destinations. LIAT likely to face liquidation in Caribbean. Pin. 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