THE VINCENTIAN PDF - 10-07-20

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FRIDAY JULY

10, 2020

VOLUME 114, No.28

Tid-Bits about LIAT Page 3

by KENVILLE HORNE PRIME MINISTER, Ralph Gonsalves said that he will not be getting into an exchange of words with any other prime minister in the region, over the liquidation of LIAT. Speaking on radio last Sunday, Prime Minister Dr Ralph Gonsalves said that he has received many calls from media in the region, asking him to comment on what other prime ministers have said in relation to the issue, but he made it clear, “I’m not getting involved in that. That is a side show theatre,” adding that his intent was on solving the issue at hand; that of regional air transport. On Saturday 27th, July, Antigua and Barbuda Prime Minister, Gaston Browne announced the intent to liquidate LIAT. Browne also indicated his desire is see a new entity established using the name LIAT. “Back in 1974 when LIAT was collapsed, my understanding is that it took a day to start the operation of a new entity,” he said. “It may be a little more difficult to get it done within 24 hours and I do understand that there are a number of stakeholders that we have to satisfy, especially creditors and I believe that we could do a work out with the various creditors and to literally get some arrangement in which they can accept that we are not conveniently closing LIAT 1974 Ltd.,” Browne said at the time referred. However, Prime Minister,

Ralph Gonsalves, speaking on radio the day after Browne’s comment, indicated his desire to use the service of local air carrier One Caribbean and SVG Air for regional travel. However, Browne, in an open letter posted on Friday 3rd July on the official Facebook page of the Prime Minister of Antigua and Barbuda, advocated for a restructuring of the company so as to save the regional carrier. He stated that for the states to walk away from their liabilities is

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Vincies and travel to the UK Page 6

CCJ ruling on Guyana Page 7

morally reprehensible and perhaps illegal. “The possibility of legal action to stop the liquidation and protect the interest of creditors should not be ruled out. The state has an obligation to protect, not hide behind legal arguments and exploit vulnerable creditors.”

EC$1.50

SVBLA clears the air Page 13

Findlay remembers Weekes Page 23

Dr. Ralph Gonsalves is adamant that he will not be drawn into any side show that develop as a result of the crisis in which LIAT currently finds itself. Indications are that One Caribbean could begin regional flights by this Sunday (July 12).

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Caribbean Airlines (CAL) has five ART 72-600 aircraft deployed in the inter-regional market.


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