The Antigua and Barbuda government says it is prepared to “collapse” the regional airline, LIAT, if it does not emerge as a “new and lean,” entity as part of the re-organizational plans for the cash-strapped airline.

Speaking on his private radio station over the last weekend, Antigua and Barbuda’s Prime Minister Gaston Browne told listeners that his administration is awaiting the new plan being devised by the administrator, Cleveland Seaforth, who he said has already indicated that new contracts would be handed to employees of the recapitalized airline.

Browne said that the new LIAT would be operating with four aircrafts rather than the 10 it had before and that ‘the amount of people working for LIAT going forward will be significantly reduced.

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