LIAT talks may begin next month – Barbados Attorney General

0 1,318

(Barbados Today) Within the next two weeks Barbados is hoping to start negotiations with Antigua and Barbuda regarding the sale of its LIAT shares.

So says Barbados’ lead negotiator Attorney General Dale Marshall, who has revealed that Government is currently awaiting word from the regional airline carrier on when those negotiations can be held.

Earlier this month and amid much speculation, Prime Minister Mia Mottley announced in Parliament that Barbados would be giving up its majority ownership of LIAT to Antigua and Barbuda.

She however did not disclose if Government would be selling its entire 49.4 per cent stake in the cash-strapped regional airline.

Antigua and Barbuda is the second largest shareholder with 34 per cent ownership of the airline which serves 15 Caribbean destinations with almost 500 flights.

Read more at: Barbados Today

%d bloggers like this: