The majority shareholders of LIAT have decided which aircraft type will be used to replace the airline’s aging fleet, the company said in a just released statement.

The statement did not name the manufacturer or the type of aircraft that will be used saying only, that the decision came after the company completed its analysis and evaluation of the proposals submitted by aircraft manufacturers.

The decision was made at a meeting in Barbados on Friday of  the major shareholders of LIAT, Dr. Ralph Gonsalves, Prime Minister of St. Vincent and the Grenadines, Freundel Stuart, Prime Minister of Barbados and Baldwin Spencer, Prime Minister of Antigua and Barbuda and Chairman, Board and Management of LIAT.

“The company will now proceed to discussions with the manufacturer of the first type selected. The discussions are intended to end in an agreement for the acquisition of new aircraft for the airline,” Dr. Gonsalves told a press conference following the meeting.

He said he did not wish to declare what aircraft type would be used. “It would also be inappropriate at this stage before discussion with the manufacturers to give an indication of the decision of the company in the selection of an aircraft type,” Dr. Gonsalves pointed out.

The company anticipates that these negotiations will commence immediately and proceed swiftly and soon thereafter a formal announcement will be made regarding the selection.

Recently Prime Minister Roosevelt Skerrit announced that Dominica will be investing in LIAT with an $8-million cash injection.