News

May 14, 2013

PORT OF SPAIN, Trinidad - Shareholder governments of the regional airline LIAT say the T&T Government’s subsidy to State-owned Caribbean Airlines (CAL) is a violation of the Revised Treaty of Chaguaramas that governs CARICOM.
Dr Ralph Gonsalves, Prime Minister of St Vincent and the Grenadines, speaking at the end of a shareholders’ meeting of LIAT in Barbados, said the subsidy to CAL also violated the Common Air Services Agreement among CARICOM member countries and had resulted in substantial losses to LIAT.
Gonsalves plans to raise these issues with Prime Minister Kamla Persad-Bissessar when he comes to Port-of-Spain later this month for a meeting between regional leaders and US Vice President Joe Biden.

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