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Former Barbados PM Owen Arthur appointed LIAT chairman

Former Barbados Prime Minister Owen Arthur has been appointed chairman of regional airline, LIAT.
 
Speaking on his radio station over the weekend, Prime Minister of Antigua and Barbuda, Gaston Browne, said he believes Mr. Arthur is the right person for the job given his history of fighting for the Antigua-based airline.
 
Meanwhile, Mr. Browne said the cash strapped airline will be capitalised with the US$15 million loan his country obtained from the ALBA Bank, as well as five million from Dominica.
 
He said the plan is to raise at least US$30 million to recapitalise the airline.


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