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LIAT’s future hangs in the balance

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LIAT’s future hangs in the balance

Unread post by bimjim » Wed Nov 20, 2019

https://www.caribbeanlifenews.com/stori ... at-cl.html

LIAT’s future hangs in the balance
George Alleyne
19.11.2019

Tiny populations in the Caribbean separated by stretches of sea present a challenge for commercial airline service operators to profitably fly to these destinations.

Yet the future of the only airline service, that touches 15 countries from Guyana in the southern Caribbean, to Barbados in the east and St Thomas and Puerto Rico in the northwest regardless of size or profitability of route, continues to hang in the balance owing mainly to apparent reluctance of some regional leaders to share the burden of keeping Caribbean citizens connected.

That airline service is LIAT, on whom larger air service providers such as Caribbean Airlines depend on as a feeder of passengers from some small territories from where persons wish to get on long-haul aircraft to take them to the USA, Canada and Europe.

In its struggles to maintain the Caribbean service LIAT has had many cash crises because until recently there were only four regional government shareholders contributing to its survival, while other nations refuse to put a cent into the company that benefits their citizens.

With 49.4 per cent of share ownership Barbados carries the bulk of LIAT’s financial burden, followed by Antigua with 34 per cent. St Vincent and the Grenadines, and Dominica account for some 10 per cent shareholding. Grenada joined this year with a minority contribution. Private shareholders and employees account for 5.3 per cent.

The circumstances of the cash-strapped airline provoked frustration leading to a recent outburst by Barbados Prime Minister Mia Mottley in which she reportedly used the term ‘doomed’ in relation to the airline’s future.

“LIAT is not a CARICOM issue, LIAT is the issue of three or four governments having to have shareholder discussions.

“Now if you expect the three or four shareholder governments alone to carry the burden then you will end up in trouble each time because it means that at some point they are going to make commercial decisions because there is not a bottomless pit to service it,” she said.

Mottley said she hopes regional governments can come together and have common ground “because while LIAT 1974 Limited may not be a viable proposition, reasonable, affordable, reliable air travel is the prerequisite for the growth of this region.”

But Antigua’s Prime Minister, Gaston Brown - who had earlier this year attempted to buy out the majority of Barbados’ shares but talks between the two countries fell through – said LIAT is far from doomed.

Supporting his resolve to keep the troubled carrier afloat, he recently flew to Venezuela and signed a financing agreement for $15.8 million with ALBA Bank, established as a regional development finance house in 2005 by now deceased Venezuelan President Hugo Chavez, and Cuban President Fidel Castro.

“LIAT is our infrastructure that links our scattered islands into a single economic space, and it breathes oxygen into our tourism industry,” Browne said after the signing.

Of the loan amount, US$15 million will go to capital investment, and the remainder towards associated bank fees and Antigua’s membership contribution to ALBA.

“A condition of this new capital would be that there has to be cuts including a reduction in salary and wages. I’m sure that there’ll be some changes … We have to make sure that we have a cadre of competent people and we may even create the space for members in the private sector as well to participate,” said Browne.

Browne’s valiant efforts must be commended, bearing in mind that the Antigua-headquartered carrier employs over 600 people there.

But the question remains of what happens if LIAT’s cost cutting does not lead to profitability, and when will other regional governments chip in to save this vital connector of Caribbean people.

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Re: LIAT’s future hangs in the balance

Unread post by bimjim » Wed Nov 20, 2019

The only common ground that is going to save LIAT is to completely remove the political interference and completely replace the Board and management. Incompetence - in aviation, anyway - has brought LIAT (and other regional airlines) it its knees, and that dreaded word CHANGE must be repeated over and over again.

Gonsalves believes LIAT is his own toy to play with, tourism "expert" Holder has decades at the top of LIAT and STILL knows nothing about airlines, the Board are all political appointees with zero aviation knowledge or experience, and now LIAT has a CEO who was a hotel book-keeper and knows nothing more than how LIAT does it.

LIAT requires a globally proficient turn-around CEO who has seen multiple "models" of small airlines and can pick one that suits our environment and people. LIAT requires a Board that has a smidgeon of a clue about airlines, and LIAT requires a shareholder chairman who cares about LIAT's future.

Properly converted to a commercial operation, LIAT could actually be putting money INTO our Treasuries every year instead of demanding financial support every six months.

In the meantime, our illustrious "leaders" should stop going around the Caribbean cap in hand - or threatening other regional governments - for more money to support the airline. It is embarrassing to read of their juvenile antics and complete lack of imagination.

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Re: LIAT’s future hangs in the balance

Unread post by bimjim » Sun Nov 24, 2019

Tomas Chlumecky ("Aviation Doctor")
International Aviation Executive, Entrepreneur and Advisor

Tiny populations in the Caribbean separated by stretches of sea present a challenge for commercial airline service operators to profitably fly to these destinations.

Yet the future of the only airline service, that touches 15 countries from Guyana in the southern Caribbean, to Barbados in the east and St Thomas and Puerto Rico.

That airline service is LIAT, on whom larger air service providers such as Caribbean Airlines depend on as a feeder of passengers from some small territories from where persons wish to get on long-haul aircraft to take them to the USA, Canada and Europe.

With 49.4% Barbados (asking $44M for its share, valuing LIAT at $89M? no profit few assets - Nuts!) carries the bulk of LIAT’s financial burden, followed by Antigua with 34%, St Vincent and the Grenadines and Dominica 10%.

Grenada joined this year with a minority contribution. Private shareholders and employees account for 5.3%.

But Antigua’s Prime Minister, Gaston Brown is resolved to keep the troubled carrier afloat, and signed a financing agreement for $15.8 million with ALBA Bank???, established as a regional development finance house in 2005 by now-deceased Venezuelan President Hugo Chavez.

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Re: LIAT’s future hangs in the balance

Unread post by bimjim » Sun Jan 12, 2020

https://barbadosfreepress.wordpress.com ... two-years/

by BFP | August 14, 2015 · 8:40 pm
James Lynch – LIAT probably gone in less than two years
LIAT late
by James Lynch, former LIAT pilot extraordinaire!

by James Lynch, former LIAT pilot extraordinaire! *

Recently when having discussions with my fellow Bajans, it has become clear that a few points need to be made.

First, LIAT has ALWAYS been based (Head Office) in Antigua, has NEVER been based (Head Office) in Barbados – no matter what the politicians may tell you. There has been a PILOT BASE in Barbados for decades – a pilot and flight attendant domicile, if you will – but not the registered “home”. Never has been. Never.

Second, airplanes are not tied to concrete foundations by rebar or galvanised water pipes. They are scheduled and flown wherever they are needed, and if you will insist on moving LIAT lock, stock and barrel to Barbados then you also need to clearly understand that you – yes, you, the taxpayer, you personally – will pay Froon, Fumble, Dumble, whatever we may call him now, several HUNDRED MILLION dollars more for the necessary new offices, hangars, facilities, etc., AND lose access to US Territories – Barbados is Category Two, and LIAT (Barbados) Limited will approach the US government as an African-class airline with ZERO safety rating.

You will also not get that many high-paying jobs – all of those are technical, licensed, experienced professionals and permanent employees such as pilots, engineers and mechanics who will just be relocated from Antigua to Barbados – all at YOUR expense. I suggest you start putting the brain in gear before you mash the pedal and burn more than rubber.

Third, having seen LIAT from the inside, I can tell you that Holder & Co are not the only thoroughly incompetent, irresponsible, unaccountable “employees” of LIAT… the airline is riddled with political appointees and incompetents of all stripes from all of the shareholder countries. Virtually NOBODY at LIAT is at risk of losing their job for screwing up, no matter what they do (within reason, of course).

Front and centre, the unaccountable and reticent political appointee Maximum Chairman Holder has led LIAT through screw-up after hundred-million-dollar loss after “meltdown” after endless delays and cancellations (which are still going on, in case you were not aware) after calls for his resignation and/or removal, and for him it is all “business as usual”, nothing has changed and nothing will ever change. But he knows virtually nothing about aviation (despite his continual churning of “books” which nobody buys), so how would he know how to make the right decisions in the first place?

Now the Marxist Comrade Ralph is AGAIN demanding that other islands start pouring some of their taxpayer cash down the LIAT dark hole too… and I agree with PM Dr. Kenny Anthony of St. Lucia when he replied – three years ago – that the current shareholders should “fix” LIAT before Lucians join the table. Nothing has been changed at LIAT, so he is still waiting.

It seems to me that the Comrade’s shouts and demands have grown a bit louder and more desperate recently… as a result I suspect LIAT is on the edge of financial termination, and WHEN that happens, Bajans had better brace themselves for more expenses – remember, we own MORE THAN 50% of that flying political disaster, and TAXPAYERS will have to cough up whatever it takes to pay the bills, pay the severance, close off the aircraft leases, send back the new airplanes, and on and on and on.

A few weeks ago I wrote an “Open Letter To The Majority Shareholders Of LIAT”, and circulated it to the shareholder PMs and a bunch of newspapers. In it I tried to set out a case for how LIAT should be handled. But I expect that – as usual – nobody is listening, and LIAT will most probably be gone in less than two years.

Bye bye, LIAT…

Best wishes, as usual.

Jim Lynch

--

* “James Lynch, former LIAT pilot extraordinaire!”

James doesn’t call himself “pilot extraordinaire”, but I do. I’ve never seen anybody better with a Twin Otter. Short field, full flaps and a steep almost diving approach with power over obstacles – Jim could always hit the mark… flare and kiss it on right where he wanted to. Every time. Like a machine. Every single time.

Robert

--

https://www.craneforum.org/viewtopic.php?f=128&t=19927

Open Letter To The Majority Shareholders Of LIAT
Wed May 27, 2015 12:49:56


Gentlemen...

Since before 2012 I have repeatedly heard of calls by the current majority shareholders of LIAT, through Prime Minister Dr. Ralph Gonsalves of St. Vincent, to take up more shares or to simply contribute towards the airline's losses.

Gentlemen, I can reveal to the Press that you know my own name well by now, it has been before you literally hundreds of times both privately through letters, emails, faxes, text messages, and recently in public in the Press.

For almost a decade I have been trying to communicate with you mostly for just one reason, and that is to take the politics and non-competence in aviation out of eastern Caribbean aviation, whether that is at the Civil Aviation Department (or Civil Aviation Authority) level or at the airline level (meaning LIAT).

Example: Barbados is ICAO Category Two for one simple reason - incompetence, lack of proper regulations and lack of oversight. With a little more interest, Barbados could be Category One, but for the last decade nobody has been interested. Last time the FAA visited to conduct an evaluation, when they left they told the Civil Aviation people it was so bad that they ought not to bother to call for the next evaluation for at least another ten years.

But for some five decades LIAT has been abused as much as your own taxpayers for no good reason. Board after Board, management after management continue to be politically appointed buffoons - whether they are your "friends" or not - who know little or nothing about aviation (which is NOT the same as tourism) and continue to lose money and market share to the point where the airline is now on the brink of the precipice.

And you need not respond that this is not the case, because if all were well you would not be out in public DEMANDING that other governments join you in throwing money at the existing form of LIAT to keep it alive.

Since at least 2012 Dr. Kenny Anthony has told you, in public, that his country's taxpayers would not be supporting LIAT's excesses, and that if you wanted St. Lucia at the airline's table you had to make major changes in its oversight (Board) and management.

NOTHING HAS CHANGED, yet now here you are again making the same demands.

And in the process you are also trying to rope a brand new Prime Minister into the fold before he can catch his breath after the election. SHAME!

Dr. Kenny Anthony asked you from the start to review management - not once, but several times.

Hoteliers through the islands have called for the resignation of Dr. Gonsalves and/or the Chairman of LIAT - also not once, but several times.

The current Board have sailed through screwup after multi-million dollar loss after "meltdown" after endless delays and cancellations after customer complaints, and there seems to be no responsibility, and no accountability. How can a Board and management perform SO BADLY, and yet continue on with "business as usual" - as if disaster after disaster were all perfectly normal?

Let's talk business: My considered forecast is that LIAT has less than two years to exist before either the CDB - or some other creditor group - chains its doors and sells the airplanes for debt. There is good reason for this forecast... LIAT's total passenger load (= income, revenue) in the last year was HALF what it was the year before, yet the expenses remain the same - or even greater, considering the constant arrival/delivery of new airplanes.

As LIAT's light grows dimmer, users of the airline are gladly moving to other carriers, making other arrangements, finding some other way to travel than the still-late, still-cancelled, still-abusive LIAT. Hoteliers are deliberately telling their overseas guests how to get there without touching LIAT. New airlines are starting up and taking market share away, simply because so few people are willing to put up with the LIAT nonsense any more.

I will repeat my simple request to you so that the entire reading public can see it and make up their own minds as to whether I am a raving lunatic or a frustrated professional.

1. Take the politics - and politicians - OUT of LIAT. No more political commissars on the LIAT management payroll drawing a fat salary to ensure some politician's orders are being carried out.
2. Take the political appointees out of LIAT, at all levels. All of them.
3. Remove the entire current Board and install new Board Members composed of intelligent and knowledgeable persons, with the primary required practical knowledgeset of how an airline should be run, give them the basic mandate and and let them be the overall deciders of where the airline should be headed.
4. Remove the current Executive of LIAT - no matter the cost, given what they are costing the shareholders now - and require the new Board to find qualified competent people with drive and imagination who can turn the airline around in less than six months.
5. Make it clear to the Board that their mandate is that the airline should at least break even.
6. The Board in turn is to make it clear to the executive management that their job is to turn the airline around, and that the airline should at least break even - or that they will lose their jobs. Executive management has no claim to tenure.
7. If the Board cannot get management to at least break even, then they will also lose their jobs. A Board has no claim to tenure either.


In short, turn LIAT over to real aviation professionals, and demand that they perform or be removed.

Regardless of what PM Gonsalves claims, there can be no doubt whatsoever that LIAT is, in truth and in fact, currently a "black hole" into which he and his partners are throwing away their money. For those too young to know, LIAT did have a subvention scheme before where each government made up their portion of the loss, but that disappeared at one shareholders meeting - in St. Lucia - where they all agreed to disagree on the percentages, they all walked out, and LIAT was thrown to the wolves.

I personally have no objection to LIAT going back to a subvention arrangement, for the same reasons stated - multipler effect, regional inter-island transportation, etc. - but the cost will be so great that most shareholders will repeat the long-ago St. Lucia meeting performance and eventually disconnect from the whole sorry and disgusting performance.

I have a final suggestion - and request. While you take LIAT out from under the political bedsheets, also make its annual accounts public, so that the taxpayers whose hard-earned dollars go towards supporting it at are least able to see how their money was spent. And please, don't let us be told again, in no uncertain terms, that LIAT's accounts are "none of our damned business" - the airline is paid for by public money and that public has a right to an accounting.

In my opinion, if LIAT is to survive there is required massive CHANGE at the airline. Change of Board, change of management, change of attitude, and change in the way things are done - from the politicians at the top all the way to the employees at the bottom, and very soon.

Gentlemen, the ball is in your court. Change LIAT, or the airline will die. And don't say nobody warned you... I am not the first to make such appeals for sanity and logic when it comes to our once-loved inter-island bus service.

James C. Lynch, Captain (ex-LIAT)

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Re: LIAT’s future hangs in the balance

Unread post by bimjim » Sun Jan 12, 2020

https://barbadostoday.bb/2016/11/23/no- ... ts-toppin/

November 23, 2016 at 10:55 am

One definition of insanity is doing the same thing repeatedly and expecting a different result each time.

If you run LIAT a certain way and lose US$50 million, you REFUSE to make changes in the face of unitaleral criticism across the entire region, and you still expect that LIAT will turn around, is that not insanity?

If you run LIAT a certain way and lose US$50 million, you beg and threaten others to pour money into your black hole and you REFUSE to make changes when it is clearly stated that changes might encourage others to invest, is that not insanity?

If you run LIAT a certain way and lose US$50 million, you REFUSE to replace the poppit shareholder Chairman, the completely irrelevant Board and almost totally incompetent management, is that not insanity?

If you run LIAT a certain way and lose US$50 million, and each time something falls apart because of your own inept stupidity you blame anybody else but those who are making the decisions, is that incompetence or insanity?

If you run LIAT a certain way and lose US$50 million, and in over 40 years you refuse to allow those who are paying the bills (the taxpayers) to see the annual accounts – or ANY accounts – is that insanity or dishonesty?

For more than 40 years LIAT has been run and managed by clearly insane and/or incompetent people, happily losing thousands of millions – Billions – of taxpayers dollars with neither responsibility nor accountability.

There is NO – repeat NO – private company which loses money year upon year and there is no repercussion, accountability or CHANGE in the oversight (Board) and/or management of the company. And there is NO – repeat NO – private company which loses money year upon year and survives – that is called “bankruptcy”.

There have been no changes at LIAT because the taxpayers – like mushrooms – are kept in the dark and fed a pile of manure.

And they have no way of knowing if their money is being diverted into private (or political) pockets or if it is simply being frittered away and wasted, because the accounts – all accounts – are Top Secret.

Certainly the decision to change fleets to the ATRs was an unmitigated disaster, one which was proposed by someone FIRED from Caribbean Airlines, vetted by nobody who knew aviation intimately, and approved by a bunch of political appointees whose knowledge of aviation and airlines could be dropped into a thimble of propwash and slipstream and still be invisible.

The employees – pilots included – do NOT make any of the decisions at LIAT. In fact the entire politically appointed Board barely makes any decisions at LIAT, and management merely do as they are told. LIAT is run on politics, pure and simple – and worse, it is run on the politics of a minority shareholder whose share of the losses is a mere 11%.

In other words, there is more sand than Vaseline in the lubrication.

Any number of people, myself included, have been advocating for CHANGE at LIAT for DECADES, and no change has been forthcoming for two reasons:
1. because in the taxpayers those who run LIAT had a bottomless money pit to draw from, and
2. because surely those who actually run LIAT are certifiably INSANE.

Two words: Argyle, and Team.

“Argyle” is an EC$ Billion dollar “white elephant” boondoggle of a useless new airport placed in an untenable location whose every expense (to the taxpayer) has been doubled and tripled paying kickbacks, now the entire airport and its accoutrements sit rusting in the salt air. Now that is sheer greed.

“Team” is the sports team whose flight was cancelled by the same management micromanaged by the team’s own Prime Minister, who immediately had a hissy fit and threatened to do dire things to the same airline he has been micromanaging. Now that is sheer insanity.

Fat Ralph, as a Jamaican reggae composer once wrote and sang, “LEAVE THE STUDIO!”

==

Tony Webster
November 23, 2016 at 1:27 pm

We could sell it to our new Saviour and Good Friend, Butch. He knows how to run an airline… and when to sell it.

@James Lynch, doan go raising your pressure, Sir, as de Bossman sez that “some person” give him figures showing Bim gets big bucks out of LIAT in the “big picture”. Even swallowing this at face value, does it not follow that ANY (well-run) LIAT replacement, would yield the same boon ….without tax-payers continually filing a bottomless hole?

Gearbox once told me that there are some folks who have done very well thank you, over the years, selling spare-parts, goods and services to LIAT. Some even got fired.

--

James Lynch
November 23, 2016 at 2:25 pm

Butch turned Air Jamaica into his personal bus service to Sandals, claiming he was filling the Treasury with US dollars. When the airline’s finances collapsed and Jamaica could no longer fill the financial potholes they fired Butch and his entire self-serving team.

Butch also started Caribbean Xpress in St. Lucia and ran that into the ground. His incompetent non-airline minion “manager” Chastanet whose citizenship was his ticket to operate in St. Lucia (now PM of St. Lucia and their own national aimless knee-jerk Donald Trump) was so out of the loop that when Stewart closed the airline and flew the airplanes out that night, the next morning Chastanet ran around the airport screaming that the airplanes had been stolen and reported that to the police.

So what Stewart knows about running airlines is only what Stewart knows about feeding himself. A businessman does not give a f@rt in a hurricane about people or shareholders, all he cares about is PROFIT. And everything else he or she says is just a smokescreen for screwing everybody else over in pursuit of that aim.

Stewart opened a Sandals in Barbados and started gutting the environment. Why? Because business does not care about the environment, business only cares about putting resources in place that will make a PROFIT. All the local protests are just annoyances to him.

Not that there is anything wrong with profit, but a national or regional airline owned by taxpayers is not run purely for profit, and breaking even for such an entity is perfectly acceptable. Put LIAT in Butch’s hands, and guaranteed wherever does not have a Sandals will lose air service.

Trinidad, if it bought LIAT, publicly declared that only countries which provided a profit would be served, and is why T&T was never allowed to get their hands on it. But CAL was given Air Jamaica, cherry-picked the most profitable routes, and then ran the whole thing into the ground – as they have done with the disgusting ATRs and the AirBridge – so as much as they boast about being better than anyone else in the region their arrogance easily trumps their governance and turns whatever they touch into a nasty grey oatmeal pudding.

On the matter of “benefits”, last survey I saw indicated that foreigners (extra-regionals) only make up less than 5% of LIAT’s loads. So when LIAT loses US$50 million is Barbados REALLY getting more than US$25 million (BDS$50 million) back in hotel, restaurant and trading profits? Not merely income, but PROFITS.

If I was originally from Antigua and came to Bados to do business, I would be stayting with a friend, not in a hotel, and I have to include a good chunk of that kind of expense avoidance simply because the phrase “disposable income” (large spare change) is an American invention and in large part does not apply to our region.

I spent 16 years working for LIAT, have worked for other airlines, and I have been in business myself. So I can tell you that when you have an entire stream of oversight – shareholders and Board – who are micro-managing this very specialised and highly technical business and who have literally no clue what they are doing and refuse point blank to bow to real expertise, then perhaps it is time for those who actually pay the bills to start demanding answers.

Such as, WHERE are the Annual Accounts for the last 40 years, and WHEN will they ALL be released for public inspection?

If it is all above board then they should be provided toot sweet.

But if there is a LONG history of teifing and dishonesty (as we all suspect there is) then naturally you would get the same response I got – which was, “that is none of your business”.

In the names of sheer greed and incompetence LIAT is rapidly coming to the end of its unnatural life, whether we like it or not. And if we all sit around moaning about this and that doing nothing, then be prepared to pay charter prices to travel interisland for some time until somebody else finds the investment to replace it.

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jus me
November 23, 2016

@ James Lynch.

Well done.Spot on.

Stuart never ceases to amaze me with his instant Ad Libs,

AND I really believe he is SO badly informed he actually believes what he says or he believes that we all are intellectually deficient enough to simply absorb the idiocy.

Does Stuart ever read what he says in the light of reality?

Like he proposes the OTHER AIRLINES on surveying the business model of Liat and how it is run, immediately threw in the towel ,after being faced with the insurmountable excellence of the opposition.

Never mind what they saw was an entity ,run by a clan of one eyed men from the countries of the blind, financed by the same, kept ignorant, masses.

Lets face it Stuart is in his job ,merely by a trick of fate, a nonentity picked to fill a position , a necessary nobody.

David who then died,without having had the time to replace Stuart.

He must turn in his grave for that.

We are the ones who pay, cursed with a man of low natural intelligence but linked to an education, elevated by fate from a Nonentity.
Who learned, albeit,very slowly, that he was now, the Driver and no longer just the Hanger on..

He has progressed to the position of a banana Republic Despot , in full knowledge that Possession in 9 parts of the Law.

He plays with our Country and us, to feed his own, NOW VERY BLOATED ,ego.

Certain of the fact that his face and his face ONLY will be in the trough, he is in Possession.

A TRUE D, we can LIKE IT OR LUMP IT.

--

James Lynch
November 23, 2016 at 8:14 pm

I have come to believe that Freundel Stuart’s Modus Operandi is based solely upon the legal Law of Tort, which offers that a person cannot be held responsible for something they did not do.

As a result, Mr. Stuart does nothing, with the full expectation that he cannot therefore be blamed for anything.

I have to suppose that nobody has told him that the position of Prime Minister is one which REQUIRES decisions. Or that – as a true West Indian politician – having been elected he has become an expert in every field and no longer listens to anyone else.

Barbados owns 50.2% of LIAT – more than half – which means when Barbados hollers “JUMP”, the others are required to jump and ask how high on the way up.

But brotherly love among politicians being the way it is there will probably be some hot air noise created, nothing will be done, and the taxpayers will just have to continue bearing the load.

I sent an email to the Parliamentarians tonight, we will see if they delete it or take notice. Certainly if they ignore it I hope Bajans of all stripes will know how to vote correctly next election – if they do not already know from this particular Jackass Club’s performance.
Where is Granville Phillips when you need him?

--

Tony Waterman
November 24, 2016

Why is it that so may people are so concerned about Liat making Money, but no one seems to be interested in having LIAT NOT servr those Countries that do NOT support LIAT Finamcially, LIKE St.Lucia, who is seeking to have Caribbean Airlines become the Official Airline of St. Lucia, Like Trinidad & Tobago, who have gone as far Refusing to let LIAT continue taking Passengers from Crown Point in Tobago to Piarco, and giving that route Exclusively to CAL.

What we need are Politicians in Barbados who Have “BALLS” to Stand up to those who do NOT support LIAT by refusing to let LIAT serve those Countries for Free.

And as for the proposed Ferry service, the “Fools” in Barbados will probably agree in the name of Caricom Unity, and participate in it with the same results.

BTE, the new PM of St.Lucia has already ruled out any St.Lucian participation in LIAT. for him it should be “No Pay NO Play.

--

James Lynch
November 24, 2016

Because

1. LIAT is intended to be a regional carrier. Not all of the CARICOM and OECS countries can afford LIAT’s “black hole” style of oversight and management.

Nearly FOUR YEARS AGO Kenny Anthony told Comrade Ralph to clean up LIAT, and St. Lucia would reconsider investing in the airline. No clean-up, no investment. STILL. But The Comrade is still going around “twisting arms and breaking legs” for more money to pour into his bottomless money pit.

2. Volume. The more destinations an airline can offer the more passengers they will carry. If LIAT keeps cutting routes do you think it will survive on only the traffic to and from the four countries of the shareholders Barbados-Antigua-Dominica-St. Vincent?

3. LIAT _CAN_ move forward, but if you load four politicians and garbage truck on top of a turtle it ain’t going anywhere at any speed. In fact all you will produce is some well-flattened dead turtle meat.

4. An airline is NOT a haberdashery, hardware store or construction site, it requires HALF of the employees to be experienced and licensed professionals and its “trucks” cannot pull over to the side of the highway to change a flat or fix an engine. Until LIAT sees MAJOR changes – including the REMOVAL of His Royal Exalted Highness Comrade Ralphie and the entire Board – nothing will change, despite the clearly insane expectations of of outcome by its shareholders.

LIAT, run by professionals and without politics, CAN make money, but being top heavy with political appointees – including the CFO – has not been allowed to do so for more than four decades. As Kenny Anthony said four years ago, clean LIAT up and others will participate.

Perhaps 30 years ago when all the islands had a hand in LIAT and all paid subventions, there was a shareholder meet8ing in St. Lucia where this exact same matter was discussed. They agreed to disagree on the amounts, and all except a few backed out of the airline.

So LIAT has been here before, but back then Barbados was not $11 Billion in debt and the other shareholders were not nearly bankrupt.

Having inside information information I can tell you that several of the islands are already making preparations to have their own islands served with their own or some other airline and avoid LIAT’s constant begging and threatening. If Brunton’s truie intent was to implode LIAT so that Caribbean Airlines could take over the entire Caribbean he ceretainly did an extremely good job – the “meltdown” could not have been better impemented to kick off that process.

FACT: If the current shareholders keep kicking LIAT around and doing nothing, it WILL disappear. And WHEN that happens, I hope nobody in the EC will express surprise.

Finally, I wish there was a movement to demand that LIAT release ALL of its Annual Accounts to the public gaze. LIAT’s accounts have been stamped TOP SECRET for over 40 years, yet has been fully paid for – in the hundreds of millions of US dollars – by taxpayer money.

WHAT ARE THE SHAREHOLDERS HIDING?

--

James Lynch
November 24, 2016

Because
1. LIAT is intended to be a regional carrier. Not all of the CARICOM and OECS countries can afford LIAT’s “black hole” style of oversight and management.

Nearly FOUR YEARS AGO Kenny Anthony told Comrade Ralph to clean up LIAT, and St. Lucia would reconsider investing in the airline. No clean-up, no investment. STILL. But The Comrade is still going around “twisting arms and breaking legs” for more money to pour into his bottomless money pit.

2. Volume. The more destinations an airline can offer the more passengers they will carry. If LIAT keeps cutting routes do you think it will survive on only the traffic to and from the four countries of the shareholders Barbados-Antigua-Dominica-St. Vincent?

3. LIAT _CAN_ move forward, but if you load four politicians and garbage truck on top of a turtle it ain’t going anywhere at any speed. In fact all you will produce is some well-flattened dead turtle meat.

4. An airline is NOT a haberdashery, hardware store or construction site, it requires HALF of the employees to be experienced and licensed professionals and its “trucks” cannot pull over to the side of the highway to change a flat or fix an engine. Until LIAT sees MAJOR changes – including the REMOVAL of His Royal Exalted Highness Comrade Ralphie and the entire Board – nothing will change, despite the clearly insane expectations of of outcome by its shareholders.

LIAT, run by professionals and without politics, CAN make money, but being top heavy with political appointees – including the CFO – has not been allowed to do so for more than four decades. As Kenny Anthony said four years ago, clean LIAT up and others will participate.
Perhaps 30 years ago when all the islands had a hand in LIAT and all paid subventions, there was a shareholder meet8ing in St. Lucia where this exact same matter was discussed. They agreed to disagree on the amounts, and all except a few backed out of the airline.

So LIAT has been here before, but back then Barbados was not $11 Billion in debt and the other shareholders were not nearly bankrupt.
Having inside information information I can tell you that several of the islands are already making preparations to have their own islands served with their own or some other airline and avoid LIAT’s constant begging and threatening. If Brunton’s truie intent was to implode LIAT so that Caribbean Airlines could take over the entire Caribbean he ceretainly did an extremely good job – the “meltdown” could not have been better impemented to kick off that process.

FACT: If the current shareholders keep kicking LIAT around and doing nothing, it WILL disappear. And WHEN that happens, I hope nobody in the EC will express surprise.

Finally, I wish there was a movement to demand that LIAT release ALL of its Annual Accounts to the public gaze. LIAT’s accounts have been stamped TOP SECRET for over 40 years, yet has been fully paid for – in the hundreds of millions of US dollars – by taxpayer money.
WHAT ARE THE SHAREHOLDERS HIDING?

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James Lynch
November 24, 2016

BTW, Mr. Waterman, LIAT does not serve any serve any countries for “free”. LIAT has the right to transfer additional costs to the fares between those countries and shareholder countries, to have the non-shareholder countries subsidise fares in and out of their countries,or some other device.

But LIAT is micromanaged by a greedy despot whose sole aim in life seems to be to grab as much power as possible, and twisting arms seems to give him great pleasure. He seeks any opportunity to stand on a soapbox and chatter into a microphone as if he is the guiding light for the Caribbean.

He enjoys travelling to the United Nations to make irrelevant speeches on any subject under the sun – claiming to represent all of the EC – and to travel to all corners of the earth while his taxpayers are footing the bill in order to perform irrelevant functions.

He just went to the Seychelles and declared his country to be a sister state to that nation. Why? He does not need a reason, he is seeing the world, is getting his tail stroked, and somebody else is paying the entire bill.

LIAT is his pet $500 million monkey, just as Argyle Airport is his pet $1 Billion white elephant. And while he plays with his pets he makes a nice “commission”.

What more could a short, fat, ugly, Banana Republic dictator ask of life?

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