Government Has Agreed That It Will Go After The Majority Shares In LIAT

The Antigua and Barbuda government now says it will acquire majority shares in regional airline, LIAT.

That’s the word of Minister of State in the Ministry of Finance, Senator Lennox Weston, who is also one of the three government representatives on the airline’s board.

Senator Weston says attaining majority shares in the airline is the only way that Antigua and Barbuda can guarantee that its interests in LIAT are protected.

Senator Weston’s comments come against the announcement out of Barbados that the government there was to increase regional tourism and hence the decision to move the move two aircraft to Bridgetown.
He says acquiring additional shares is within the reach of the Antigua and Barbuda government.