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News from the Caribbean as of
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Caribbean Star Airlines confirms talks with LIAT
Friday, October 6, 2006
ST JOHN'S, Antigua: Caribbean Star Airlines confirmed Thursday that it has entered into discussions with LIAT toward possibly joining forces and creating a new airline combining the best of the two carriers.
It is anticipated that the talks, which have been ongoing for several weeks on an informal basis, will accelerate with Thursday’s news that LIAT’s Board of Directors has authorized the carrier to pursue negotiations with Caribbean Star on a formal basis.
Skip Barnette, president and CEO of Caribbean Star Airlines and its sister carrier, Caribbean Sun Airlines, commented on the discussions with LIAT, saying: “While competition is the best system in some environments, cooperation appears to be the better avenue for Caribbean Star, LIAT and the region. We applaud today’s decision by the LIAT Board and look forward to exploring our options on a formal basis in the coming days and weeks.”
From its base in St John’s, Antigua, Caribbean Star serves 12 gateways within the region with 637 weekly flights. The carrier operates a fleet of 11 aircraft – four brand-new state-of-the-art Dash-8 Q300s, plus seven Dash-8 300s – each with a 50-seat capacity.
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