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Barbados minister tells Caribbean countries to support LIAT

 

BRIDGETOWN, Barbados (BGIS): Countries in the region that benefit from LIAT's services have been called upon to invest in the regional airline. Barbados minister of tourism and international transport, Richard Sealy, made this appeal during the welcome ceremony for the arrival of LIAT (1974) Ltd's new ATR-72-600 aircraft at the Grantley Adams International Airport on Wednesday.

"I strongly encourage those who benefit from LIAT's services to give it the same support which they have for years been putting behind the foreign carriers," he stressed. Sealy outlined that the government of Barbados, along with its shareholder partners: Antigua and Barbuda, St Vincent and the Grenadines and, recently, Dominica, "are convinced that our investment in this airline, with its faults and all, has proven itself to be the bridge over the Caribbean Sea, without which the [CARICOM] Single Market and Economy could not function". The minister explained that LIAT's investment in new aircraft would cost up to US$100 million over the next two years in equity and debt financing.

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