Improving regional air and maritime transportation is crucial to advancing regional integration if the Caribbean Single Market and Economy (CSME) is to operate optimally, said officials working in St. Kitts and Nevis’ Regional Integration…
Another 103 employees of the collapsed regional airline LIAT are to be terminated, joining close to 600 already on the breadline following the demise of the carrier.
The Government of St. Kitts and Nevis has made a decision to cancel the $11 million debt owed to the Federation by LIAT, the Caribbean Airline.
A number of regional leaders have given their commitment to write of debts owed to them by LIAT — which is now in Administration — Prime Minister Gaston Browne revealed Saturday.
LIAT’s major shareholders have reached an agreement, which Antigua and Barbuda’s Prime Minister Gaston Browne said could see the airline flying again “in 60 to 90 days.”
Creditors are about to have their say on whether cash-strapped regional carrier LIAT should go into liquidation
Prime Minister of St. Kitts and Nevis Dr. the Honourable Timothy Harris has commented on the proposed liquidation of LIAT noting that air travel within the Caribbean Community (CARICOM) should meet three main attributes.