Browne said the new entity will require full cooperation with a mixture of public and private capital. Magma Aviation – Air Atlanta Icelandic Boeing 747-481 (F) TF-AMP (msn 24801) HHN (Rainer Bexten). The Caribbean airline LIAT formally known as Leeward Islands Air Transport is on the brink of liquidation, according to Antigua and Barbuda Prime Minister Gaston Browne The Prime Minister said in Barbados Today there will be a meeting of all shareholders shortly to discuss collapsing LIAT and a new entity will be formed. Alitalia (3rd) (Societa Aerea Italiana) Boeing 777-3Q8 ER EI-WLA (msn 35783) JFK (Robbie Shaw). Travelling to Grenada during Covid-19. Image: 947865. Rick took his first airplane ride at six months old and became an airline geek shortly thereafter. LIAT collapsed spectacularly last year owing $80 million to staffers and $100 million to creditors. 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We use cookies to ensure that we give you the best experience on our website. This first ATR in LIAT’s fleet is being leased from GECAS (GE Capital Aviation Services). 1. Image: 948003. The Prime Minister of Antigua and Barbuda announced over the weekend that the regional carrier LIAT Ltd. Airlines will likely face liquidation in 2020. One of the largest liabilities LIAT owes is a $29 million severance payment it contractually owes to its’ employees. Antiguan prime minister, Gaston Browne, has wanted LIAT will be liquidated following years of financial losses. The new travel…, The COVID-19 crisis remains a daunting obstacle for airlines. The airline will operate flights five days a week to destinations across the LIAT network. This is the most-recently certified turboprop aircraft on the market, and we are proud to start our operations with such a modern, successful and well-reputed aircraft”. LIAT serves 17 destinations throughout the Caribbean, with a focus on the Leeward Islands at the very eastern edge of the region. According to Gonsalves, LIAT does not have significant assets to satisfy the liabilities it owes. LIAT Airlines the transportation service that operated like a de facto regional air taxi that was last week on the verge of liquidation may be coming back from the dead but under a different ownership structure. Image: 944176. Aero Continente (Chile) Boeing 767-2Q8 ER CC-CJR (msn 24448) MIA (Bruce Drum). Dr. Ralph Gonsalves, Prime Minister to St. Vincent and the Grenadines, shared similar opinions. Copyright Photo: Oliver Gregoire/AirlinersGallery.com. Image: 951041. Antigua & Barbuda spending half a million dollars a month to keep LIAT flying. “You would […] Barbados wants to take the new ATR 72-600s (ATR 72-212As) to form the new airline. Dominica News Online - Friday, January 8th, 2021 at 12:01 AM LIAT aircraftAntigua and Barbuda is currently dishing out almost 17 thousand EC dollars per day to keep regional airline LIAT airborne. Iraqi Airways Airbus A330-202 YI-AQY (msn 1339) AYT (Arnd Wolf). It is anticipated that the first ATR 72-600 would be pressed into service before the end of June, with the remaining aircraft expected for delivery during 2013 and 2014. LIAT, short for Leeward Islands Air Transport, is a full-service inter-island airlines operating from Antigua. Rick is a veteran of the United States Air Force and has served in multiple leadership positions including Director of Maintenance for a large corporate aviation firm, airline Director of Engineering and has chaired multiple aviation maintenance safety and reliability industry committees. The Caribbean Airline. Image: 103289. However, he did not commit to a firm date for its relaunch: “It’s likely to happen in the new month. Roots Air (Skyservice) Airbus A320-232 C-FRAA (msn 1411) YYZ (TMK Photography). A LIAT ATR 42-600 aircraft preparing for takeoff. Image: 946928. The airline currently operates a fleet of 14 aircraft over its Caribbean network, which includes main hubs at Antigua, Barbados and Trinidad, and destinations, among others, in the Dominican Republic, Puerto Rico, St. Marten, Guadeloupe, Dominica, Martinique, St. Lucia and St. Vincent. WhatsApp. If you continue to use this site we will assume that you are happy with it. In addition, Air Lease Corporation announced LIAT and ALC signed long term lease agreements for two new ATR 72-600 aircraft, delivering in June and August 2013. This is the first of a total of eight ATRs (four 68-seat ATR 72-600s and four 48-seat ATR 42-600s) that will be introduced into LIAT’s fleet. Sundair Airbus A320-214 D-ASMR (msn 2619) AYT (Andi Hiltl). Six airlines have expressed interest to serve the gap that could be left in the wake of LIAT’s current challenges. Get the Latest updated LIAT Airlines flights route map. The airline had a difficult 2019, posting a $4.4 million loss. Image: 946950. Azur Air Boeing 777-31H ER VQ-BZD (msn 32713) AYT (Andi Hiltl). With the arrival of these aircraft from ATR, plus additional ATR -600s under discussion from leasing companies, LIAT will progressively replace its current fleet of former Bombardier DHC-8 turboprop aircraft. Share. The 68-seat ATR 72-600s are perfectly adapted to many of our existing and potential routes,” says Ian Brunton, Chief Executive Officer of LIAT. The CEO reassured that LIAT is still committed to keeping the region connected. The fundamental problem for Liat and all current or future inter-regional airlines are a combination of the new taxes: the airport development fee,.Concourse fee,. According to the Prime Minister, the current LIAT will be replaced with a much leaner LIAT that will retain the LIAT brand. 87. However, he did not commit to a firm date for its relaunch: “It’s likely to happen in the new month. Jazeera Airways Airbus A320-251N WL 9K-CBB (msn 9002) LGW (Antony J. 8 hours ago. The U.K. government has announced a new travel ban in response to a new variant of COVID-19. Pinterest. ATR 72-212A (ATR 72-600) V2-LIA (msn 1077) stops at San Juan, Puerto Rico. It has been touted that the brand has regional significance and a legacy that should not want to die. Rick is a retired airline maintenance professional with over 40 years experience in commercial, corporate and military aviation sectors. Midwest Connect-SkyWest Airlines Bombardier CRJ200 (CL-600-2B19) N498CA (msn 7792) CLE (Angelo Ballachino). Airlift Antigua Latest news Sint Maarten. Read more about our baggage fees. Published on Jan 8, 2021. LIAT may return to Caribbean skies in mid4Q20 15.10.2020 - 16:27 UTC. LIAT – The Caribbean Airline (Antigua) has issued this statement about the reduction of its fleet from 11 aircraft to nine and possible staff cuts: LIAT is about to embark on its annual budget planning exercise and to put in place its operational plans for 2015. The remaining 5.3% is owned by other Caribbean governments as well as private shareholders and employees. Image: 947004. Get by Email • RSS. Rick holds an FAA Airframe & Powerplant (A&P) and a FCC General RadioTelephone Licenses. The Prime Minister was quick to add he does not see the region moving forward without a new airline serving the former LIAT markets, possibly funded by both private and public capital. Private shareholders (10%) and employees (5.3%) own the remaining shares. LIAT (1974) Ltd, formerly known as Leeward Islands Air Transport Services and operating as LIAT, is a regional airline headquartered in Antigua and Barbuda that operated high-frequency inter-island scheduled services to 15 destinations in the Caribbean.The airline's main base was V.C. Star East Airlines Airbus A320-231 YR-SEA (msn 357) AYT (Ton Jochems). Best). Under the leaked report, Barbados has given the proposed new airline a code-named “Newco” handle. Britannia Airways Boeing 757-204 G-BYAY (msn 28836) LGW (Antony J. 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