Antigua and Barbuda has made an offer to purchase the three aircraft owned by the Barbados-based Caribbean Development Bank (CDB) and had been used by the inter-regional airline, LIAT, which was dissolved late last month.
A statement issued after the weekly cabinet meeting said that Prime Minister Gaston Browne, during a Zoom meeting with CDB and representatives of the LIAT (1974) shareholders on Tuesday, made the offer to purchase the aircraft.
The airline, which is owned by the governments of Antigua and Barbuda, Barbados, Dominica and St Vincent and the Grenadines ended its operations in its current form on January 24 this year.
The airline, which had been under administration since July 24, 2020, ended its operations with the court-appointed administrator, Cleveland Seafort, in a letter to staff.
But he indicated that it would not be shying away from its obligations to them on severance, vacation pay, retroactive pay and any outstanding salaries.
“The company recognises its obligation as it relates to any of the [aforementioned] applicable entitlements, which will be provided to you under separate cover within 45 days of this letter after the respective computations have been completed.”
