LIAT 1974 Ltd, dba LIAT (Antigua and Barbuda) (LI, Antigua) is expected to cease operations on January 24, 2024, ahead of the launch of newco LIAT 2020 Ltd, commencing operations. The transition will result in the loss of over 90 jobs.

In 2022, the four major shareholders of LIAT, the governments of Antigua & Barbuda, Barbados, Dominica, and St. Vincent & the Grenadines, resolved to liquidate the debt-ridden 67-year-old airline and transfer its assets to a new entity called LIAT 2020 Ltd. LIAT 1974 Ltd….

Source: ch aviation
Read more: LIAT to transition to newco from mid-1Q24