Antigua PM assures that his Gov’t will resist collapse of LIAT

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    The Antiguan Government said today that it would resist any collapse of regional airline, LIAT.

    It comes after St Vincent and the Grenadines Prime Minister Dr Ralph Gonsalves earlier this month said that the regional carrier may be forced to close its operations.

    He has been asking regional territories to respond to a request for a minimum revenue guarantee to keep the airline flying.

    So far, Grenada is the only government that acceded to LIAT’s emergency funding request for US$5.4 million, contributing approximately EC$1 million.

    Antigua Prime Minister Gaston Browne said that his Government had discussed the impending meetings of LIAT’s shareholders and directors to be held in Barbados next Tuesday.

    Antigua and Barbuda is one of four shareholder governments of the island.

    The others are Barbados, Dominica and St. Vincent and the Grenadines.