LIAT CEO Ian Brunton resigns amid re-fleeting woes

This past August, LIAT signed a US$65 million loan with the Barbados-based Caribbean Development Bank (CDB) to finance the purchase of new aircraft. The fleet modernization project involves the replacement of LIAT’s ageing fleet through a combination of lease and purchase of aircraft; the transition costs associated with the changeover; the upgrade of maintenance facilities and other institutional strengthening activities.

LIAT, which flies to 21 destinations in the Caribbean, said reliable and efficient air transportation is essential for connectivity, mobility and accessibility within the region, and for some islands, LIAT provides the only air links with the rest of the region. -(CMC)

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