The issue of LIAT (2020) Ltd was of great importance to the Cabinet of Antigua and Barbuda at its sitting.
All members were made fully aware of the agreement to purchase LIAT (1974) Ltd. aircraft.
The first aircraft will be purchased for USD4.1 million dollars; that will allow for the LIAT (2020) Ltd to meet a condition necessary for it to receive an Air Operator Certificate (AOC).
An additional USD12.1 million dollars will be used to purchase the other three (3) aircraft. In less than 60 days LIAT (2020) Ltd. is expected to take to the air.
Air Peace is expected to add additional aircraft which will expand the LIAT fleet, allowing LIAT to fly long distances since the Air Peace aircraft will have jet engines.