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Friday January 4, 2013

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Global Jamaica: News

New major shareholder

Published: Friday January 4, 2013 | 11:24 am Comments 0

ROSEAU, Dominica, CMC:
Dominica will attend its first shareholders meeting of the regional airline, LIAT, on Friday after making an initial payment of three million dollars (One EC dollar = US$0.37 cents) to the cash-strapped Antigua-based airline, Prime Minister Roosevelt Skerrit has announced.


Skerrit along with financial secretary Rosemund Edwards are attending the shareholders meeting in Barbados.

Prior to his departure, Prime Minister Skerrit defended the decision to put funds into the airline, whose other shareholder governments are Antigua and Barbuda, St. Vincent and the Grenadines and Barbados.



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