Submitted by Anthony Davis
Some 180 workers at regional carrier LIAT are headed for the breadline as the airline struggles to cope with high overhead costs and a projected loss of $29.6 million. Shareholder governments today endorsed the staff cuts – to be introduced on a voluntary basis in the initial stage – as well as a plan to shift LIAT’s fleet base to Barbados in a bid to rake in more revenue by targeting the southern Caribbean – Barbados Today 13 February 2015
Has Barbados been wrong footed in this LIAT deal? Not long ago Minister of Tourism, Richard Sealy made the comment about Barbados becoming the base for LIAT. Antigua was quick to respond that that would not happen. Sealy seems to have left it at that, because not one word more was said about it. Suddenly we have a meeting of LIAT’s shareholder board, and the majority of the new planes (four) will be based at Grantley Adams International Airport.