St Vincent and the Grenadines Prime Minister Dr Ralph Gonsalves says shareholder governments of the regional airline LIAT have come up with a short-term plan to ensure the survival of the airline.
Gonsalves, Antigua and Barbuda Prime Minister Baldwin Spencer and Prime Minister of Barbados, Freundel Stuart, met in Barbados on Wednesday to discuss the way forward for the airline.
Gonsalves told members of the media that the shareholder governments have come up with a number of options to keep the cash strapped carrier servicing the region.
He said the issue of fleet renewal and fleet expansion also came up for discussions.
Gonsalves said that, last year, the airline lost an estimated EC$46 million for the year, compared with a loss of $20 million the previous year.
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