Share. Facebook. Latest News; Airlineroute; Community News; Routes Magazine; Routes Aviation Podcast; Routes TV; More. Posted on June 27, 2020 January 3, 2021 by Caribbean Digest “From all indication, LIAT will be liquidated,” Prime Minister Gaston Browne has just announced. LIAT is heading into liquidation. 2. They are SVG Air, One Caribbean Ltd, Caribbean Airlines, InterCaribbean Airways, Silver Airways, and Air Antilles. 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. 8 were here. 1. Posted 23 December 2019 04:30. The Caribbean regional airline, LIAT, is currently in administration, but is set relaunch in November 2020. Thomas Cook signs interline deals with Liat and airBaltic 10 December 2018 Airline News LIAT Airlines the transportation service that operated like a de facto regional air taxi that was last week on the verge of liquidation may be coming back from the dead but under a different ownership structure. Yesterday, the Prime Minister of Antigua and Barbuda announced that Caribbean airline LIAT would be liquidated following a series of unsuccessful months due to COVID-19. Share. How to utilise credited accounts . Breaking news - LIAT to be liquidated and new airline formed. 2 Shares. Just last month, LIAT had announced the extension of deadline dates to all credited accounts. Caribbean regional airline, LIAT (LI, Antigua), currently in administration, may return to operations as early as November 2020, according to Antigua’s Information Minister Melford Nicholas. 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. Maarten Van Den Driessche-29 June 2020 2. Ownership of the airline was acquired by 11 Caribbean Governments in 1974 and it was renamed LIAT (1974) Ltd. LIAT may return to Caribbean skies in mid4Q20 15.10.2020 - 16:27 UTC. LIAT said that the agreement is as a result of the challenges on the passenger sea-bridge between the islands and the increase in capacity needed by Caribbean Airlines … June 28, 2020 At 8:06 am. LIAT Facing Liquidation and Restructuring . News. security fee , in-transit fees , and soon to be added a carbon tax and the ridiculous VAT added on by some countries to the fares i.e. LIAT, The Caribbean Airline is currently under Administration and is restructuring to better serve the Caribbean. “I can report with certainty that since announcements were being made earlier this week about LIAT’s demise, six airlines have come forward offering to fill the space,” Mottley said days ago, adding “we are satisfied that these six airlines can more than fill the immediate gap, particularly given the reduced traffic within the COVID-19 pandemic. As an island in an archipelago, connectivity is vital, and allowing LIAT to collapse without investing in an alternative is non-negotiable. It has gotten a bad rap and perhaps it deserved some of it. Latest News; Lifestyle; Saint Lucia; St Vincent and the Grenadines; Travel; Antigua – Barbuda PM prepared to lead on LIAT. [ News ] June 30, 2020 9:15 am ET. Caribbean airline LIAT to be liquidated and new airline formed. July 5, 2020. Editor - December 9, 2020. BVI News has since contacted the airline to get more details on the specifics of the flights and is still awaiting a response. Please click on the logos below to find out more about airlines that operate similar routes: News. Formation of new entity must be swift. 29.10.2020. Thompson also called for a new model for the next airline, a single air space agreement and a “flat tax” for intra-regional travel. Antiguan prime minister, Gaston Browne, has wanted LIAT will be liquidated following years of financial losses. Photo: @liatarline, Instagram.com . However, he did not commit to a firm date for its relaunch: “It’s likely to happen in the new month. Tweet. Reply. 380. 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. Meanwhile, Prime Minister Browne said the formation of the new entity must be done swiftly. Prime Minister of Barbados and former chair of the Caribbean Community CARICOM, Mia Mottley has revealed that six air carriers have expressed interest in taking over LIAT’s travel routes, in wake of the carrier’s current financial challenge. Since busting on the scene in 1956, LIAT have endured some challenges, including its low on time rating, operational issues, poor customer satisfaction ratings among other issues. The seven destinations are Antigua, Barbados, Dominica, Grenada, Saint Lucia, St Kitts, and St Vincent. The regional airline is expected to be replaced by a new, “leaner” carrier. Health; Politics; Sports; Entertainment; Health LIAT to be liquidated and new airline formed – PM Gaston Browne . Advertisement: Uneconomic routes and heavily subsidized loads to blame. 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. Liquidation in finance and economics is the process of bringing a business to an end and distributing its assets to claimants. The limited schedule of flights will return connectivity to these destinations which were impacted by the airline’s suspension of commercial services. OH, how many millions would have gone down the drain. Reply. It now appears that our not so be bright PM as said by the SLP , is beginning to look very bright. In 1971 Court Line Aviation of the UK acquired control and renamed the airline LIAT. By. However, he did not commit to a firm date for its relaunch: “It’s likely to happen in the new month. 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 . A new Airline to replace Liat would be better served Caribbean people if it’s headquarters not be place in Antigua and Barbuda. ‘“Back in 1974 when LIAT was collapsed, my understanding is that it took a day to start the the operation of a new entity. It’s essential. Local News; LIAT still in talks with Barbados and St. Vincent. Otherwise that name change will be a waste of time and money. 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. LIAT will form a new airline. The Prime Minister of Antigua and Barbuda announced over the weekend that the regional carrier LIAT Ltd. Airlines will likely face liquidation in 2020. In a local radio interview in Antigua, Gaston Browne spoke confidently about the need for a new airline to be formed in Antigua. WhatsApp. LIAT(1974), the primary regional inter-island air carrier, is going to be restructured, though it may retain the name LIAT. The Caribbean airline LIAT formally known as Leeward Islands Air Transport is on the brink of liquidation, according to Antigua and Barbuda Prime Minister... Aviation24.be latest. “The airline will operate flights five days a week to seven destinations across the LIAT network. A message from the President of Aviation Week; Downloads; Careers; Media Centre; Testimonials; Aviation Week Network ; Search Search: Close. Caribbean regional airline, LIAT (LI, Antigua), currently in administration, may return to operations as early as November 2020, according to Antigua’s Information Minister Melford Nicholas. With the financially strapped regional airline LIAT facing the likelihood of being liquidated, many stranded customers with credited accounts have been left in the dark on how or if they will be refunded. “Back in 1974 when LIAT was collapsed, my understanding is … It’s time for LIAT to move back to Barbados. I would not want to hazard a date,” he told the Antigua Observer. Twitter. Mia Colucci says: June 27, 2020 at 10:53 pm New name, same game. 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.The airline's main base was V.C. Alternative Airlines. Pinterest . By Caribbean News Global . LIAT to relaunch. What the regions need are competitive airlines like larger countries, rather than an island airline. The airline had previously announced services to Barbados and St. Vincent & the Grenadines and was scheduled to begin flights as of November 30th. Photo: Laurent ERRERA via … LIAT. By Rick Shideler. Share 2. The Prime Minister said there will be a meeting of all shareholders shortly to discuss collapsing LIAT. Pin. The regional airline is expected to be replaced by a new, “leaner” carrier. The airline will operate flights five days a week to destinations across the LIAT network. The fundamental problem for Liat and all current or future inter-regional airlines are a combination of the new taxes: the airport development fee,.Concourse fee,. According to Dominica News Online, ... Trinidad and Tobago’s government is the sole shareholder of Caribbean Airlines: LIAT’s regional competitor. The airline, based in Antigua, will be formed into a new entity that will provide vital connections between the Caribbean islands. Grid; List; LIAT Resumes Bridgetown – Beef Island route in Dec 2019. 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