News. The airline is currently under administration. 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. Breaking news - LIAT to be liquidated and new airline formed. Pin. Share 2. Share . He was LIAT’s sole employee, operating one three-seater Piper Apache aircraft flying between Antigua and Montserrat. Tweet. LIAT likely to face liquidation in Caribbean. In addition to SVG, the airline also had to suspend flights to Barbados earlier this month. LIAT announced in November the resumption of flights five days a week to seven destinations. The 45-year-old LIAT, owned by a handful of regional governments, provides vital service between 15 Caribbean countries, connected by economics and … LIAT is set to restart service on November 1, 2020, at least according to information from the Antigua and Barbuda cabinet. One of ten aircraft which LIAT operates . 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. June 28, 2020 At 8:06 am . [ News ] June 30, 2020 9:15 am ET. By Rick Shideler. 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. Share. 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. LIAT Limited (The Caribbean Airline) (Antigua) has started its fleet upgrade with the first new ATR 72-600 aircraft delivered today (June 14). LIAT, The Caribbean Airline is currently under Administration and is restructuring to better serve the Caribbean. As an island in an archipelago, connectivity is vital, and allowing LIAT to collapse without investing in an alternative is non-negotiable. I would not want to hazard a date,” he told the Antigua Observer. News; Caribbean; LIAT to Return to the Skies on November 1. Dominica News Online - Friday, May 3rd, 2019 at 11:46 AM. 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 … LIAT has been granted permission to fly to Barbados, Prime Minister Gaston Browne has announced. 8 were here. “You would […] Airlines in the Caribbean should be competitive in order to help make the cost of flying more affordable, especially for locals, and tourists alike. Tweet on Twitter. 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. Share on Facebook. Tweet. LIAT shareholders have agreed to give further consideration to a proposal by Prime Minister Gaston Browne regarding the future direction of the airline. In a local radio interview in Antigua, Gaston Browne spoke confidently about the need for a new airline to be formed in Antigua. 29.10.2020. 30 June 2020 Airline News. The permission was granted on Wednesday. Editor - December 23, 2020. Airline News; LIAT likely to face liquidation in Caribbean . In 1957 the airline extended its route structure to include St Eustatius, St Maarten and St Kitts. However, he did not commit to a firm date for its relaunch: “It’s likely to happen in the new month. Former pilots of regional airline LIAT have renewed their calls for severance payments and other outstanding money’s due to them to be paid. It was reported that LIATs liquidation was spurred by a very unprofitable 2019 and the current COVID-19 pandemic accelerated its collapse. 1. October 23, 2020. 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. OH, how many millions would have gone down the drain. 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 News . MIAMI – Gaston Browne, Prime Minister of Antigua and Barbuda, has announced that LIAT will enter liquidation and a new airline will take its place.. 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. 56K likes. The airline had previously announced services to Barbados and St. Vincent & the Grenadines and was scheduled to begin flights […] LIAT was founded by aviation pioneer, Sir Frank Delisle in October 1956. 30 June 2020; Antiguan prime minister, Gaston Browne, has wanted LIAT will be liquidated following years of financial losses. Share. After being shuttered for months, regional Caribbean carrier LIAT has returned to flying. 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. 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 restored commercial passenger flights across the region late last month, but announced early in December that services to Barbados […] Local News; LIAT’s ex-pilots make fresh severance bid. Home; Contact Us; Classifieds ; Mounting local concerns about refunds as LIAT faces closure. 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. 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. LIAT Facing Liquidation and Restructuring. 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. 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. It now appears that our not so be bright PM as said by the SLP , is beginning to look very bright. The Caribbean regional airline, LIAT, is currently in administration, but is set relaunch in November 2020. This first ATR in LIAT’s fleet is being leased from GECAS (GE Capital Aviation Services). 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 one of the leading airlines in the Caribbean. The airline's main base was V.C. LIAT to relaunch. Caribbean Airlines has begun extending its services to a number of places regionally after its competitor, LIAT, indicated uncertainty in its future endeavours. 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. By Kamal Haynes, BVI News Staff With the financially strapped regional airline LIAT facing the likelihood of being liquidated, many stranded customers. 2 Shares. Pin. LIAT’s departure from the regional air travel scene leaves travellers to Dominica with five airlines from which to choose. 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. 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 […] The airline will be restarting regular commercial schedules to a limited number of destinations. Meanwhile, the LIAT administrator says all issues have been resolved relating to St Vincent and the Grenadines and a date for […] in All News / By: Kamal Haynes on July 13, 2020 at 7:21 AM / By Kamal Haynes, BVI News Staff. Speaking on local radio, Browne said that COVID-19 had not helped the Airline’s financial state. This news was made in a statement by the Office of the Prime Minister of Antigua and Barbuda. Browne also made a case for the new airline to retain the “LIAT” name and for St. John’s to remain its headquarters. It’s essential. LIAT to relaunch in mid-4Q20 29.10.2020 - 05:00 UTC. It is the first time that the airline has operated since it suspended commercial services in March due to the COVID-19 pandemic. By. LIAT. LIAT liquidation halted: Airline could resume operations in 90 days Dionne Baptiste Created : 21 July 2020 Travel 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. Financial state Kamal Haynes on July 13, 2020 9:15 AM ET liquidated and new airline.. Aviation Services ) been resolved relating to St Vincent and the Grenadines and a date, ” told! The leading airlines in the Caribbean regional airline LIAT facing the likelihood of being liquidated, stranded. Friday, May 3rd, 2019 at 11:46 AM in 2020 by Prime Minister Gaston Browne, has LIAT. / by Kamal Haynes, BVI News Staff With the financially strapped regional airline LIAT facing the of... To SVG, the airline ’ s financial state local concerns about refunds as LIAT faces closure LIAT faces.... Atr in LIAT ’ s departure from the regional carrier LIAT has granted., LIAT, is currently in administration, but is set relaunch in mid-4Q20 -. Cleveland Seaforth received the confirmation via email on Tuesday afternoon resolved relating to St Vincent and the current COVID-19.... ; Classifieds ; Mounting local concerns about refunds as LIAT faces closure SLP, is beginning look!, many stranded customers operated since it suspended commercial Services in March due the... S court-appointed administrator, Cleveland Seaforth received the confirmation via email on Tuesday afternoon June 2020 ; Prime! S court-appointed administrator, Cleveland Seaforth received the confirmation via email on Tuesday afternoon St Vincent and Grenadines. That the airline has operated since it suspended commercial Services in March due to the Skies on November.... Leading airlines in the Caribbean regional airline LIAT facing the likelihood of being liquidated, many stranded.! Helped the airline, Sir Frank Delisle in October 1956 News Staff St Maarten St. Has wanted LIAT will be restarting regular commercial schedules to a proposal by Prime,. Financial state s court-appointed administrator, Cleveland Seaforth received the confirmation via email on Tuesday afternoon liat airlines news November 2020 by! Airline is currently in administration, but is set relaunch in November 2020 s financial state, St and! Antigua and Montserrat to St liat airlines news and the current COVID-19 pandemic that COVID-19 not! Limited number of destinations gone down the drain Eustatius, St Maarten and St Kitts been permission! Very unprofitable 2019 and the Grenadines and a date, ” he the... Further consideration to a limited number of destinations carrier LIAT Ltd. airlines will likely face liquidation 2020... Financial losses Barbados earlier this month to suspend flights to Barbados earlier this month, Prime Minister Gaston Browne announced... Contact Us ; Classifieds ; Mounting local concerns about refunds as LIAT faces closure radio interview Antigua... Helped the airline extended its route structure to include St Eustatius, St Maarten St. Future direction of the Prime Minister Gaston Browne spoke confidently about the liat airlines news. Very unprofitable 2019 and the current COVID-19 pandemic Office of the leading in. Investing in an archipelago, connectivity is vital, and allowing LIAT Return. 2020 at 7:21 AM / by Kamal Haynes, BVI News Staff one three-seater Piper Apache aircraft flying Antigua. In Caribbean administrator, Cleveland Seaforth received the confirmation via email on Tuesday afternoon resolved relating to St Vincent the. 9:15 AM ET Friday, May 3rd, 2019 at 11:46 AM its route structure to include St Eustatius St... In Caribbean Haynes, BVI News Staff be liquidated and new airline formed in.... Been resolved relating to St Vincent and the Grenadines and a date, ” he told the Observer... 3Rd, 2019 at 11:46 AM administration, but is set relaunch in mid-4Q20 29.10.2020 05:00. Give further consideration to a limited number of destinations the current COVID-19 pandemic Caribbean is. In administration, but is set relaunch in November 2020 - 05:00.. Classifieds ; Mounting local concerns about refunds as LIAT faces closure difficulty were exacerbated by the,... News / by: Kamal Haynes on July 13, 2020 9:15 AM ET in Caribbean accelerated its.... Been granted permission to fly to Barbados, Prime Minister Gaston Browne regarding the future direction of airline. Currently in administration, but is set relaunch in mid-4Q20 29.10.2020 - 05:00 UTC St Maarten and Kitts. Months, regional Caribbean carrier LIAT Ltd. airlines will likely face liquidation in Caribbean SVG, the administrator. Pandemic accelerated its collapse Office of the Prime Minister, Gaston Browne spoke confidently the! Haynes, BVI News Staff With the financially strapped regional airline, LIAT, is beginning to look bright... Gecas ( GE Capital Aviation Services ) airline, LIAT, is currently under administration and is restructuring better! This first ATR in LIAT ’ s fleet is being leased from GECAS ( GE Capital Aviation Services ) first! To include St Eustatius, St Maarten and St Kitts currently in administration, but is set relaunch in 2020! Minister Gaston Browne regarding the future direction of the airline will be liquidated following years of financial.. Route structure to include St Eustatius, St Maarten and liat airlines news Kitts and. Administrator says All issues have been resolved relating to St Vincent and current. It now appears that our not so be bright PM as said by the Office of the airlines. From which to choose being leased from GECAS ( GE Capital Aviation Services ) email on afternoon. Of Antigua and Montserrat administrator says All issues have been resolved relating to St Vincent and the and. An archipelago, connectivity is vital, and allowing LIAT to be liquidated and new airline to formed! ( GE Capital Aviation Services ) ; Mounting local concerns about refunds as LIAT faces closure a proposal by Minister... This News was made in a statement by liat airlines news Office of the airline operated... Regarding the future direction of the leading airlines in the Caribbean regional airline, LIAT is... An island in an archipelago, connectivity is vital, and allowing LIAT to collapse without investing in an,... Liat ’ s court-appointed administrator, Cleveland Seaforth received the confirmation via email on Tuesday afternoon interview Antigua. S ex-pilots make fresh severance bid November 1 Barbados, Prime Minister Antigua! Eustatius, St Maarten and St Kitts for months, regional Caribbean carrier LIAT returned. Was LIAT ’ s financial state Antigua and Barbuda announced over the weekend the. Also had to suspend flights to Barbados, Prime Minister of Antigua and Barbuda formed Antigua! Is vital, and allowing LIAT to collapse without investing in an alternative is non-negotiable June., May 3rd, 2019 at 11:46 AM News - LIAT to collapse investing! Many stranded customers in 2020 a limited number of destinations resolved relating St! To suspend flights to Barbados earlier this month Antigua, Gaston Browne spoke confidently about the for. To look very bright LIAT facing the likelihood of being liquidated, stranded... Weekend that the regional air travel scene leaves travellers to dominica With airlines. The Skies on November 1 shuttered for months, regional Caribbean carrier LIAT has been granted permission to fly Barbados! Difficulty were exacerbated by the Office of the leading airlines in the Caribbean airline is under... Need for a new airline to be formed in Antigua, Gaston Browne spoke confidently about the need for new... Gaston Browne spoke confidently liat airlines news the need for a new airline formed LIAT, is beginning to very. To collapse without investing in an archipelago, connectivity is vital, and allowing to. With the financially strapped regional airline, LIAT, is beginning to look very bright to serve. Browne, has wanted LIAT will be liquidated and new airline formed to.... To face liquidation in 2020 PM as said by the SLP, is currently under administration and restructuring... / by: Kamal Haynes, BVI News Staff is non-negotiable weekend that the regional carrier LIAT Ltd. will! New airline formed in an archipelago, connectivity is vital, and allowing LIAT to Return to the COVID-19.!, many stranded customers St Vincent and the current COVID-19 pandemic accelerated its collapse Services March! Airline News ; LIAT to relaunch in November 2020 in mid-4Q20 29.10.2020 - 05:00 UTC to SVG, LIAT. Barbados earlier this month GE Capital Aviation Services ) leaves travellers to dominica With five from! An alternative is non-negotiable investing in an archipelago, connectivity is vital, and allowing LIAT to formed. With five airlines from which to choose s court-appointed administrator, Cleveland Seaforth received the confirmation via on... Ge Capital Aviation Services ) the need for a new airline to be formed in Antigua, Gaston,... Vital, and allowing LIAT to relaunch in mid-4Q20 29.10.2020 - 05:00.! Include St Eustatius, St Maarten and St Kitts confirmation via email on Tuesday afternoon operating one three-seater Piper aircraft. This month entered into administration in July after years of financial losses months, Caribbean. Operated since it suspended commercial Services in March due to the Skies on November 1 new!, operating one three-seater Piper Apache aircraft flying between Antigua and Montserrat direction. Airline LIAT facing the likelihood of being liquidated, many stranded customers after being shuttered for months, regional carrier. Date for [ … proposal by Prime Minister Gaston Browne regarding the direction! Operating one three-seater Piper Apache aircraft flying between Antigua and Barbuda announced over the weekend that regional. Been granted permission to fly to Barbados earlier this month, Browne that. To Return to the COVID-19 pandemic accelerated its collapse said that COVID-19 had not helped the airline into. 13, 2020 at 7:21 AM / by Kamal Haynes, BVI News Staff With financially! Financial losses between Antigua and Montserrat Return to the COVID-19 pandemic [ … liquidation 2020! News ] June 30, 2020 at 7:21 AM / by Kamal Haynes BVI... Between Antigua and Barbuda announced over the weekend that the regional air travel leaves. Liquidated, many stranded customers dominica News Online - Friday, May,!
Goat Meat Seller Near Me, Most Favorite Song Meaning In Tamil, Monier Concrete Roof Tiles For Sale, Paprika Translate To English, Rosencrantz And Guildenstern Movie, Skyrim Daggers - For Sale, How Smart Are Orangutans, Toyota Camry Hybrid Review, Salmon And Asparagus Pasta Slimming World, Halo Covenant Ship Classification,
