The Chief Executive Officer of LIAT, Julie Reifer-Jones, says the airline continues to update its restructuring plan to evolve into a more efficient and sustainable company serving the region.
Her statement comes ahead of a meeting this week in Antigua among LIAT’s Board of Directors and shareholders to review proposed measures taking the airline forward.
Reifer-Jones speaks about the company’s improved on-time performance and customer service as the ingredient providing evidence of the changes taking place currently.
She says the airline continues to maintain its full flight schedule even as regional governments continue to work towards a solution to keep it in the air.
In several quarters the airline is usually referred to as one that’s struggling to cope financially.
Recently, concerns were raised about the looming closure of the airline if some 5.4 million US dollars were not provided to help the carrier deal with its financial circumstances.
The airline is said to have been hit hard by reduced flight as a result of hurricanes and devastation within several regional countries two years ago.
In a release lately, Reifer-Jones sought to allay fears the carrier was on the verge of closing, declaring that despite the challenges facing the airline, it continued operating its daily flight schedule.
Shareholder governments have been engaging in almost back-to-back discussions on the airline’s future, as they seek to get more destinations benefiting from the airline’s service to contribute.
So far, Grenada is said to have responded favourably by putting about 1 million EC dollars towards an emergency fund for the airline.
