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 an interview with a local Antiguan radio station, Prime Minister Gaston Browne shared that there will be a meeting of all LIAT shareholders in the coming weeks to discuss the […]
Caribbean regional airline, LIAT, has insisted that it will continue operations, despite local media reports that the airline is on the verge of collapse. The airline’s CEO has rebuffed claims from media in one of the carrier’s home countries of Barbados, that the airline was about to run out of money. Shareholders have been in […]
Looking across the U.S., it’s common to see carriers cancel unprofitable routes in order to move aircraft to more popular and profitable routes. Whether it is a single route or the dismantling of an entire hub, carriers are not shy about doing what they can to maximize their profits. However, the Caribbean poses a different issue, […]
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