Loan for LIAT.

 
FREE EXCERPT

Parliament has given the green light to government to secure a US$15.8 million loan from the Caracas-based Banco del ALBA so as to facilitate the island's move to acquire additional shares in the cash-strapped regional airline, LIAT.

Prime Minister Gaston Browne told legislators Tuesday that his administration anticipates that the recapitalization of the airline will make LIAT more efficient and profitable as he warned of salary and wages...

To continue reading

FREE SIGN UP