By the Caribbean Journal staff
Caribbean regional airline LIAT, one of the region’s most crucial transport facilitators, says it will “continue operating across the region” despite what it called “challenges the airline is facing,” according to a statement from LIAT CEO Julie Reifer-Jones.
In a statement released by the company, Reifer-Jones said LIAT was “disappointed to again see media reports circulating about the airline being on the verge of collapse.”
She said the company was “in the midst of a restructuring exercise which included sensitive discussions with its stakeholders.”
LIAT continues to operate its full schedule of flights to more than 15 destinations every week.
Reifer-Jones said discussions with governments across the LIAT network were “continuing as the airline negotiates with territories to contribute through a minimum revenue guarantee model.”
LIAT currently operates 491 flights every week across its network of 15 destinations in the wider Caribbean region.
LIAT has a fleet of 10 ATR aircraft.