Antigua and Barbuda’s Prime Minister Gaston Browne has said that he is not aware that negotiations on the sale of LIAT shares owned by Barbados have stalled, it has been reported.
“Not to my knowledge,”Browne was quoted as saying in a WhatsApp message to the Caribbean Media Corporation (CMC).
But he is reported to have said that he was not at liberty to discuss details of a counter offer made by his country.
According to Barbados Today, Antigua and Barbuda is seeking to become the largest shareholder government of cash-strapped LIAT and is in negotiations with Barbados to acquire most of that country’s shareholding in the Antigua-based airline.
The other shareholders are Dominica, St Vincent and the Grenadines and Grenada.
Barbados Today said that local media reports had suggested that the talks between Barbados and Antigua and Barbuda on the sale of LIAT shares which began a week ago, had broken down after only “a few hours”.
Saint Lucia’s Prime Minister Allen Chastanet has consistently made it clear that his administration will not support the regional carrier, if there continues to be ‘business as usual’.
“There are other airlines – if in fact LIAT were to shut its doors; that they would be willing to step in and to be able make up the difference – and maybe that’s what we need. We need a fresh start,” the Saint Lucia PM told reporters at an impromptu news conference here in April this year.