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LIAT might shut down

Soumis
 
LIAT Assures it Will Continue Flying, as reports circulate it is possible that it could shut down if it does not get a US$5 million injection (www.caribbean360.com) Plus d'info...

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KobeHunte
Kobe Hunte 2
Other governments that literally have LIAT as their only air transportation, will not let it shut down.. They can't.
KobeHunte
Kobe Hunte 1
they will shut down if they dont get 5 million US from CARICOM.. if they do end up shutting down, caribbean will have to expand. Or another airline, or new airline, will have to take over. Which I don't mind at all.
KobeHunte
Kobe Hunte 1
when i said "caribbean" i mean't caribbean airlines. Sorry for the typo.
racerxx
racerxx 5
Easier said than done. If LIAT shuts down, parts of the Caribbean will be crippled in terms of air access, but many of LIAT's routes need government support as the service on its own is simply not financially sustainable. Taxes are a huge killer for inter Caribbean transport. Sometimes taxes can be twice as much as the base ticket price, which is honestly ridiculous. It would be a good move if BW held out till LIAT crumbled, but they should only take in the more profitable routes imo, as they themselves are also going through a bit of financial restructuring. I honestly don't think LIAT is going anywhere because of the "essential" service they offer to many of the Eastern Caribbean islands.
KobeHunte
Kobe Hunte 1
i agree.. it will be interesting to see what happens..
Cade2005
Cade Emtage 1
Exactly, places such as Dominica would be cut off because LIAT is the main airline which services Dominica.
racerxx
racerxx 1
"LIAT Assures it Will Continue Flying, As Reports Circulate About Possible Shutdown"

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