A government spokesperson stated that efforts to have LIAT back in the skies by the end of April are progressing as planned.
The spokesperson, speaking at a post-cabinet media briefing, expressed confidence in the timeline set by shareholder governments.
“At the last reporting, the lease for an aircraft was approved by the administrator of the airline. The necessary funds have already been allocated, and the Caribbean Development Bank is awaiting the determination from the administrator and the court on how to proceed with the sale of the aircraft and the funds have been procured. I am persuaded that everything is on course for the timeline that was originally announced,” the spokesperson said.
LIAT’s shareholders, including the Governments of Antigua and Barbuda, Dominica, St Vincent and the Grenadines, and Barbados, are working to acquire three aircraft in the initial phase of the airline’s reintroduction.
Antigua and Barbuda, as a leading financier of LIAT (2020), is prepared to spend approximately US$12 million to purchase three ATR 42-600 aircraft for LIAT to service its route network spanning over eight countries and territories.
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