{"id":253866,"date":"2020-08-09T10:26:00","date_gmt":"2020-08-09T14:26:00","guid":{"rendered":"https:\/\/dominicanewsonline.com\/news\/?p=253866"},"modified":"2020-08-09T10:26:00","modified_gmt":"2020-08-09T14:26:00","slug":"two-private-sector-entities-three-governments-interested-in-investing-in-liat-gaston-browne","status":"publish","type":"post","link":"https:\/\/dominicanewsonline.com\/news\/homepage\/homepage-carousel\/two-private-sector-entities-three-governments-interested-in-investing-in-liat-gaston-browne\/","title":{"rendered":"Two private sector entities, three governments interested in investing in LIAT &#8211; Gaston Browne"},"content":{"rendered":"<figure id=\"attachment_253632\" aria-describedby=\"caption-attachment-253632\" style=\"width: 640px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-253632\" src=\"https:\/\/dominicanewsonline.com\/news\/wp-content\/uploads\/2020\/08\/LIAT-Landing-LH-642x377.jpg\" alt=\"\" width=\"640\" height=\"376\" \/><figcaption id=\"caption-attachment-253632\" class=\"wp-caption-text\">LIAT Landing during better financial times. Photo: Lennox Honychurch<\/figcaption><\/figure>\n<p><span style=\"font-size: 16px;\">Antigua and Barbuda prime minister Gaston Browne has said that there are several proposals on the table from private entities as efforts continue to breathe some new life into the seriously ailing LIAT.<\/span><\/p>\n<p>\u201cThere is one entity that has offered a US$25 million investment for 51 per cent of the shares,\u201d the Prime Minister said on Saturday on his weekly radio show in Antigua. \u201cThere\u2019s another regional airline that has offered to invest about US$25 million and a few planes for about 60 per cent of the shares in LIAT.&#8221;<\/p>\n<p>According to Browne, at least three governments have also shown some interest in investing in LIAT.<\/p>\n<p>&#8220;So there are some prospects that the Administrator is pursuing. And we believe that ultimately, on the basis that the Administrator is successful in getting the cooperation of creditors, that LIAT will be organized and be back in the air to take its pole position, to continue to be the number one carrier within the Caribbean region,\u201d Browne stated.<\/p>\n<p>He acknowledged that LIAT is presently on life-support but insisted that as far as Antigua and Barbuda is concerned, &#8220;corporate euthanasia&#8221; is not the answer.<\/p>\n<div id=\"barba-c775c62e6beb3d2c46d64f1194b4192b\" class=\"barba-c775c62e6beb3d2c46d64f1194b4192b\">\n<div id=\"barba-1228001539\" class=\"barba-inline-article\">\n<div id=\"barba-905210037\" class=\"barba-inline-article\">\n<div id=\"div-gpt-ad-1571371376648-0\" data-google-query-id=\"CJb2iOKRjusCFUvn4QodzzMJcg\">\n<div id=\"google_ads_iframe_\/27575914\/bt_web_article_general_300x250_inline_0__container__\">He said what\u2019s required is a reorganization to bring LIAT back to good health. And he said both governments and private sector entities have expressed an interest in doing just that.<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>The Prime Minister said while certain prospective investors have written to him directly, expressing their interest in LIAT, he has passed on all the information to the Administrator, Cleveland Seaforth, who has sole managerial responsibility for the airline.<\/p>\n","protected":false},"excerpt":{"rendered":"Antigua and Barbuda prime minister Gaston Browne has said that there are several proposals on the table from private entities as efforts continue to breathe some new life into the seriously ailing LIAT. \u201cThere is one entity that has offered&#8230;","protected":false},"author":15,"featured_media":253172,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_cbd_carousel_blocks":"[]","footnotes":""},"categories":[11,235,9,14],"tags":[],"class_list":["post-253866","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","category-homepage-carousel","category-news","category-regional"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Two private sector entities, three governments interested in investing in LIAT - Gaston Browne - Dominica News Online<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dominicanewsonline.com\/news\/homepage\/homepage-carousel\/two-private-sector-entities-three-governments-interested-in-investing-in-liat-gaston-browne\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Two private sector entities, three governments interested in investing in LIAT - Gaston Browne - Dominica News Online\" \/>\n<meta property=\"og:description\" content=\"Antigua and Barbuda prime minister Gaston Browne has said that there are several proposals on the table from private entities as efforts continue to breathe some new life into the seriously ailing LIAT. \u201cThere is one entity that has offered...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dominicanewsonline.com\/news\/homepage\/homepage-carousel\/two-private-sector-entities-three-governments-interested-in-investing-in-liat-gaston-browne\/\" \/>\n<meta property=\"og:site_name\" content=\"Dominica News Online\" \/>\n<meta property=\"article:published_time\" content=\"2020-08-09T14:26:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/dominicanewsonline.com\/news\/wp-content\/uploads\/2020\/07\/LIAT-at-airport-LH-scaled-e1676340442654.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"792\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Admin\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/dominicanewsonline.com\\\/news\\\/homepage\\\/homepage-carousel\\\/two-private-sector-entities-three-governments-interested-in-investing-in-liat-gaston-browne\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/dominicanewsonline.com\\\/news\\\/homepage\\\/homepage-carousel\\\/two-private-sector-entities-three-governments-interested-in-investing-in-liat-gaston-browne\\\/\"},\"author\":{\"name\":\"Admin\",\"@id\":\"https:\\\/\\\/dominicanewsonline.com\\\/news\\\/#\\\/schema\\\/person\\\/1cf13c57fb23f5f3f17888628ce87bed\"},\"headline\":\"Two private sector entities, three governments interested in investing in LIAT &#8211; 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