(Antigua Observer) Prime Minister Gaston Browne is of the belief that an adjustment to the corporate culture at regional airline LIAT will result in greater efficiency and increased sustainability going forward.
The company has rebounded somewhat from the threat of liquidation and is currently in the midst of a restructuring project, aimed at returning the airline to its former glory. Issues including staff severance and creditor agreements continue to pose concerns, while successful short to medium-term future will likely require significant investment.
Speaking on Observer AM yesterday, Browne noted that, along with the demand he believes will remain in place for LIAT, improving the airline’s efficiency will prove a shrewd cost-effective measure.
