Grenada Becomes Shareholder on LIAT

By Mina Booker

Grenada has now become the fifth major shareholder, for Regional Airline the Leeward Airlines Air Transport ( LIAT).

The Revelation was made by Grenada’s Minister Trade, Industry, Co-operatives & CARICOM Affairs- Oliver Joseph.

He was speaking at the Weekly Government Press Conference, at the Ministry of Works Conference Room in St.George’s Tuesday 07 May.`

It was just last week that the Island’s Civil Aviation Minister   Hon Clarice Modest  told the parliament of the Minimum Wage Guarantee ( MRG)   Framework, proposed by the cash strapped Regional airline .The framework is believed to address shortfalls caused by flights which fail to achieve  viable  or profitable routes.

 

 

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