Author: SVGClassifieds

If all goes according to plan, LIAT 2020 is expected to start servicing routes in the Caribbean within the next two months.

Source: The Vincentian News Paper

This optimism was expressed by Gaston Browne, Prime Minister of Antigua and Barbuda and the driving force behind the new entity, which is being heralded as a replacement for the defunct regional airline LIAT (1974) Ltd., whose major shareholders were the governments of Antigua and Barbuda, Barbados, Dominica, and St. Vincent and the Grenadines.

Browne shared his optimism during the 46th regular meeting of CARICOM leaders in Guyana.

LIAT 2020 is being formed in partnership with Air Peace, a private Nigerian airline founded in 2013.  

Browne announced that “significant progress” has been made towards the launch of the airline, as the other shareholding governments had agreed to allow Antigua and Barbuda to purchase three aircraft, part of the LIAT (1974) Ltd. fleet.

Indications are that Antigua and Barbuda will buy three LIAT 1974 Limited aircraft through the Caribbean Development Bank (CDB) for $12.1 million. Antigua and Barbuda will deposit $4.1 million to buy the first aircraft soon.

However, as it stands, there has been no confirmation from the CDB about this sale.

CDB took possession of the aircraft after LIAT (1974) Ltd had reneged on a CDB loan made available for the purchase of the aircraft in the first place.

But Browne is unmoved as he made known that his government will be investing around US$25 million in the initiative, and Air Peace will be putting in close to US$65 million.

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**PRESS RELEASE**

KINGSTOWN, 12 March 2024– District Stairs SVG Ltd is thrilled to welcome Mr. Kyron Duncan as the new General Manager, a pivotal move aimed at laying a solid foundation for the company’s development and expansion in the finishing materials and renovation sectors. This strategic hiring underscores District Stairs’ dedication to becoming a prominent player in the residential, commercial, and institutional renovation and construction markets.

With over 14 years of managerial experience across various sectors both locally and regionally, Mr. Duncan brings a wealth of knowledge and expertise to District Stairs. Holding a BSc in Management and an MSc in Project Management, he is perfectly positioned to steer the foundational development essential for District Stairs to realize its ambitious long-term goals. His role will primarily focus on strengthening internal operations, boosting customer service, and broadening the company’s market reach.

Mr. Duncan expressed his excitement about his new position, saying, “I am honored to join District Stairs at such a crucial juncture. I am eager to leverage the company’s existing strengths and unlock new avenues for growth and improvement. Concentrating on our core services and the needs of our customers, we will establish a robust groundwork for District Stairs to emerge as a leader in the finishing materials and renovation sector.”

In alignment with Mr. Duncan’s appointment, Marlon Bute, President and CEO of District Stairs, outlined the immediate priorities: “Kyron’s first order of business will be to oversee the hiring of new staff, the renovation of our new District Stairs Depot, and the construction of our new state-of-the-art showroom and store. These initiatives are critical in laying the groundwork for our future success and establishing a strong foundation for our growth strategy.”

For more information please contact: [email protected]