Talks between the governments of Barbados and Antigua and Barbuda over the sale of the shares in the cash-strapped regional airline, LIAT, will begin on Monday, a senior government official has said here.
Lionel “Max’ Hurst, the Chief of Staff in the Office of the Prime Minister – told reporters following the weekly Cabinet meeting here that a culmination of that negotiating exercise is expected to be that Antigua and Barbuda with a majority of the shares of LIAT, adding “Antigua and Barbuda is not interested only in owing shares.
Earlier this week, Bridgetown had indicated it wanted to negotiations to start soon. Attorney General, Dale Marshall, had said that his government had indicated dates that were convenient to it a few weeks back and was awaiting a response from Antigua and Barbuda. Earlier this month, Prime Minister Mia Mottley formally announced plans to sell its shares in the Antigua-based LIAT, but insisted that it was also committed to regional transportation and would continue to hold minimum shares in the carrier.