LIAT to be upgraded
Published:Monday | October 12, 2009 | 9:45 AM
St Vincent and the Grenadines Prime Minister Dr Ralph Gonsalves has announced that shareholder governments of LIAT are seeking to upgrade the fleet of the regional airline at a cost of US$54 million.
Dr Gonsalves told journalists that the idea was discussed at a meeting with the Prime Ministers of Antigua and Barbuda and Barbados on Saturday.
Currently, the Antigua-based carrier has a fleet of 18-8 aircraft, with 15 that have a seating capacity of 50 and three 37-seater planes.
Dr Gonsalves said the goal is to replace the 37-seater planes with newer aircraft.
While he refused to say specifically how the funds for the fleet upgrade will be sourced, Dr Gonsalves said LIAT’s shareholders will explore all available options open to them.