Antigua and Barbuda Prime Minister Gaston Browne has suggested the country may eventually become the majority owner of LIAT 2020 (5L, Antigua), criticising the current valuation method that gives Air Peace Caribbean (APCL) a 70% stake, leaving the country with only 30%, Antigua News Room reports.
Browne has reportedly argued that the valuation overinflated the worth of two E145s – 5N-BVD (msn 145199) and 5N-BXG (msn 145379) – provided by Air Peace (P4, Lagos), estimating them at USD5 million each,…
Source: ch aviation
Read more: Antigua & Barbuda eyes greater stake in LIAT 2020