Prime Minister, Allen Chastanet, has responded to a call for shareholder governments to withdraw the airline’s service from Caribbean countries that refuse to pump cash into the carrier.
Former President of the Barbados Bankers Association, Horace Cobham, was quoted by Barbados Today as making the call.
At present, only Antigua and Barbuda, Barbados, Dominica and St Vincent and the Grenadines contribute financially to the cash-strapped carrier.
In an exclusive interview with the Times, Prime Minister Allen Chastanet said there is a fallacy that if LIAT were to disappear tomorrow, there will be no replacement.
“I totally disagree with that,” he declared.
Chastanet told the Times that if in fact LIAT were to completely cut off the other countries, those Islands would be free to bring in an alternative.
However he expressed the view that LIAT would not take such actions.
“But if they were to do that there are a lot of airlines that would be happy to make up,” the Saint Lucia Prime Minister asserted.
Chastanet recently joined a list of regional leaders, including Doctor Keith Mitchell of Grenada and Doctor Timothy Harris of St Kitts and Nevis, in making it clear that they would not invest in LIAT.
Without making reference to any of these countries, Horace Cobham told Barbados Today some tough decisions would have to be taken if LIAT were to be made into a viable entity.