Antigua – Barbuda PM defends LIATMENAFN #Antigua_Barbuda

Antigua – Barbuda PM defends LIATMENAFN #Antigua_Barbuda

June 7, 2019 0 By NewsTakers

This was a week after Browne revealed that Mottley has consented to sell all but ten percent of Barbados\u2019 49 percent ownership in LIAT.\n id=\”mNCC\” language=\”javascript\”>medianet_width=’468′;medianet_height= ’60’;medianet_crid=’637422217′; id=\”mNSC\” src=\”http:\/\/contextual.media.net\/nmedianet.js?cid=8CUVV6306\” language=\”javascript\”> \n\n
The Antigua and Barbuda prime minister’s view is that everyone should be concerned about the fate of the regional carrier.\n
\u201cPlacing LIAT on the path of viability and sustainability is not for [a] private discussion.
You\u2019re talking about an airline that is owned by several Caribbean countries, one in which we utilised taxpayer\u2019s money to invest in LIAT and when it comes to public funds, I believe we all have an obligation.\n
\u201cI have tried my best to be accountable to the people of Antigua and Barbuda and I make no apologies about it,\u201d Browne said.\n
\u201cAll I did was to indicate that she has so confirmed the willingness of Barbados to negotiate.
Browne maintained his position, asserting that other information in the letter was never revealed, as negotiations are continuing.\n
\u201cIf it is that I was going to show bad form, I would have published the letter and I would have discussed pu\u00ad\u00ad\u00adblicly some of my own concerns, but I recognise that we have to allow the process of negotiations to take place and those concerns will be addressed.\u201d\n
I\u2019m told that they spend in excess of a million dollars here in rental costs so by virtue of the government of Antigua and Barbuda making that facility available to LIAT, that should help to reduce its operational costs.\u201d\n
With concerns to boosting profits, he said steps would be put in place to guarantee that LIAT will discontinue being acceptable with losses.\n

Source link