LIAT – The Caribbean Airline (Antigua) has issued this statement about the reduction of its fleet from 11 aircraft to nine and possible staff cuts:
LIAT is about to embark on its annual budget planning exercise and to put in place its operational plans for 2015.
As a result of the airline’s fleet transition program, LIAT will be a smaller airline in 2015 than in 2014, operating a fleet of nine aircraft as opposed to 11 in 2014.
LIAT Chief Executive Officer David Evans said: “Like any responsible business we have to examine our cost base and if we fly fewer aircraft in 2015 than in 2014, we also need to reduce our costs to reflect this. We have also been mandated by our Board of Directors to ensure that our costs reflect the level of activity that we carry out. It is too early to say what impact there may be on jobs as a result of this, and the company will consult with its staff and their representatives over its plans before making any announcement.”
LIAT, The Caribbean Airline, operates a modern fleet of ATR 42 and ATR 72 aircraft across a regional network of 18 destinations. It is owned by regional shareholders, with the majority being the Governments of Barbados, Antigua & Barbuda and St. Vincent & the Grenadines.
Copyright Photo: Raul Sepulveda/AirlinersGallery.com. ATR 72-212A (ATR 72-600) V2-LIA (msn 1077) stops at San Juan, Puerto Rico.
LIAT Aircraft Slide Show: