Saint Kitts and Nevis Government: LIAT is a 'public good that is essential' to free movement

Saint Kitts and Nevis' Government stated (02-Jul-2018) any participation of the Government in LIAT "must involve measures that will guarantee the sustainability and profitability of the airline". The Government referred to LIAT as a "public good that is essential to the free movement of people". The Government said LIAT will need to adopt a new business model "that could be presented in a draft shareholder agreement involving Barbados, the current shareholders and other interested parties". [more - original PR]