Caribbean News Now!

About Us Contact Us

Countries/Territories

Jump to your country or territory of interest

Advertise with us

Reach our daily visitors from around the Caribbean and throughout the world. Click here for rates and placements.

Contribute

Submit news and opinion for publication

Subscribe

Click here to receive our daily regional news headlines by email.

Archives

Click here to browse our extensive archives going back to 2004

Also, for the convenience of our readers and the online community generally, we have reproduced the complete Caribbean Net News archives from 2004 to 2010 here.

Climate Change Watch

The Caribbean is especially vulnerable to rising sea levels brought about by global warming. Read the latest news and information here...

Flight Network - Specializing in Cheap Flights

Travel


RSS Feeds


Follow Caribbean News Now on Twitter



Other News


News from the Caribbean:

Back To Today's News

LIAT to review strategies to ensure survival
Published on February 3, 2012      Print Version

BRIDGETOWN, Barbados -- St Vincent and the Grenadines Prime Minister Dr Ralph Gonsalves says shareholder governments of the regional airline LIAT have come up with a short-term plan to ensure the survival of the airline.

Gonsalves, Antigua and Barbuda Prime Minister Baldwin Spencer and Prime Minister of Barbados, Freundel Stuart, met in Barbados on Wednesday to discuss the way forward for the airline.

Gonsalves told members of the media that the shareholder governments have come up with a number of options to keep the cash strapped carrier servicing the region.

He said the issue of fleet renewal and fleet expansion also came up for discussions.

Gonsalves said that, last year, the airline lost an estimated EC$46 million for the year, compared with a loss of $20 million the previous year.
 
Reads: 2471





Click here to receive daily news headlines from Caribbean News Now!



Back...

Comments:

No comments on this topic yet. Be the first one to submit a comment.

Back...

Send us your comments!  

Send us your comments on this article. All fields are required.

For your contribution to reach us, you must (a) provide a valid e-mail address and (b) click on the validation link that will be sent to the e-mail address you provide.  If the address is not valid or you don't click on the validation link, it will be a waste of your time typing your submission because we will never see it!

Your Name:

Your Email:

(Validation required)

Comments:
Enter Code

Other Headlines:


Regional Sports:

Opinion

Letters



Your Ad Here