Grid; List; LIAT Resumes Bridgetown – Beef Island route in Dec 2019. Pinterest . The limited schedule of flights will return connectivity to these destinations which were impacted by the airline’s suspension of commercial services. 1. 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 . 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. In 1971 Court Line Aviation of the UK acquired control and renamed the airline LIAT. Meanwhile, Prime Minister Browne said the formation of the new entity must be done swiftly. Formation of new entity must be swift. 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. However, he did not commit to a firm date for its relaunch: “It’s likely to happen in the new month. ‘“Back in 1974 when LIAT was collapsed, my understanding is that it took a day to start the the operation of a new entity. The airline will operate flights five days a week to destinations across the LIAT network. Latest News; Airlineroute; Community News; Routes Magazine; Routes Aviation Podcast; Routes TV; More. Reply. The Caribbean regional airline, LIAT, is currently in administration, but is set relaunch in November 2020. The airline, based in Antigua, will be formed into a new entity that will provide vital connections between the Caribbean islands. Ownership of the airline was acquired by 11 Caribbean Governments in 1974 and it was renamed LIAT (1974) Ltd. LIAT will form a new airline. Please click on the logos below to find out more about airlines that operate similar routes: News. The airline had previously announced services to Barbados and St. Vincent & the Grenadines and was scheduled to begin flights as of November 30th. What the regions need are competitive airlines like larger countries, rather than an island airline. BVI News has since contacted the airline to get more details on the specifics of the flights and is still awaiting a response. 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. If Virgin’s offer is accepted it could re-invigorate the struggling airline and bolster profitability, according to Mr Hurst. Caribbean airline LIAT to be liquidated and new airline formed. According to Dominica News Online, ... Trinidad and Tobago’s government is the sole shareholder of Caribbean Airlines: LIAT’s regional competitor. LIAT may return to Caribbean skies in mid4Q20 15.10.2020 - 16:27 UTC. Facebook. Share. It’s essential. 2. Share. 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. Just last month, LIAT had announced the extension of deadline dates to all credited accounts. Maarten Van Den Driessche-29 June 2020 2. The Prime Minister of Antigua and Barbuda announced over the weekend that the regional carrier LIAT Ltd. Airlines will likely face liquidation in 2020. WhatsApp. Latest News; Lifestyle; Saint Lucia; St Vincent and the Grenadines; Travel; Antigua – Barbuda PM prepared to lead on LIAT. June 28, 2020 At 8:06 am. Otherwise that name change will be a waste of time and money. 2 Shares. Posted 23 December 2019 04:30. Advertisement: Uneconomic routes and heavily subsidized loads to blame. Pin. Editor - December 9, 2020. LIAT is heading into liquidation. In a local radio interview in Antigua, Gaston Browne spoke confidently about the need for a new airline to be formed in Antigua. They are SVG Air, One Caribbean Ltd, Caribbean Airlines, InterCaribbean Airways, Silver Airways, and Air Antilles. A message from the President of Aviation Week; Downloads; Careers; Media Centre; Testimonials; Aviation Week Network ; Search Search: Close. The seven destinations are Antigua, Barbados, Dominica, Grenada, Saint Lucia, St Kitts, and St Vincent. 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 … Photo: @liatarline, Instagram.com . 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. Antiguan prime minister, Gaston Browne, has wanted LIAT will be liquidated following years of financial losses. The Prime Minister said there will be a meeting of all shareholders shortly to discuss collapsing LIAT. 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. However, he did not commit to a firm date for its relaunch: “It’s likely to happen in the new month. Mia Colucci says: June 27, 2020 at 10:53 pm New name, same game. LIAT, The Caribbean Airline is currently under Administration and is restructuring to better serve the Caribbean. News. Thomas Cook signs interline deals with Liat and airBaltic 10 December 2018 Airline News 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. LIAT. 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. Photo: Laurent ERRERA via … 8 were here. “Back in 1974 when LIAT was collapsed, my understanding is … 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. Thompson also called for a new model for the next airline, a single air space agreement and a “flat tax” for intra-regional travel. 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. It now appears that our not so be bright PM as said by the SLP , is beginning to look very bright. “The airline will operate flights five days a week to seven destinations across the LIAT network. How to utilise credited accounts . It’s time for LIAT to move back to Barbados. 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 (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. Tweet. Share 2. Breaking news - LIAT to be liquidated and new airline formed. 380. Local News; LIAT still in talks with Barbados and St. Vincent. As an island in an archipelago, connectivity is vital, and allowing LIAT to collapse without investing in an alternative is non-negotiable. LIAT(1974), the primary regional inter-island air carrier, is going to be restructured, though it may retain the name LIAT. Liquidation in finance and economics is the process of bringing a business to an end and distributing its assets to claimants. OH, how many millions would have gone down the drain. By. 29.10.2020. By Rick Shideler. The regional airline is expected to be replaced by a new, “leaner” carrier. 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,. Alternative Airlines. 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. LIAT Facing Liquidation and Restructuring . Twitter. July 5, 2020. 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. It has gotten a bad rap and perhaps it deserved some of it. I would not want to hazard a date,” he told the Antigua Observer. The regional airline is expected to be replaced by a new, “leaner” carrier. By Caribbean News Global . Health; Politics; Sports; Entertainment; Health LIAT to be liquidated and new airline formed – PM Gaston Browne . [ News ] June 30, 2020 9:15 am ET. LIAT to relaunch. 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. 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