Three-day strike causes LIAT to lose [EC$7] millions

News about this airline - please include a link to the source as well as the article text itself.
Web site: http://www.liatairline.com/
Post Reply
User avatar
bimjim
Forum Administrator
Forum Administrator
Posts: 31877
Joined: Fri May 12, 2006

Three-day strike causes LIAT to lose [EC$7] millions

Unread post by bimjim » Thu Jun 22, 2017

http://antiguaobserver.com/three-day-st ... -millions/

Three-day strike causes LIAT to lose millions
Kieron Murdoch
June 22, 2017

LIAT 1974 Limited has quantified the direct losses and the value in lost business which it incurred after three days of strike action by its pilots as being in the region of EC $7 million. The figure was quoted by the acting Chief Executive Officer (CEO) Julie Reifer-Jones who spoke to OBSERVER media at length in an interview yesterday.

Reifer-Jones said that within a “very short period” there were thousands of cancellations in bookings. “The challenge with cancellation is that when they are in that kind of volume – it’s dramatic and many of the cancellations were in our summer period which is our peak period,” she said.

Her outgoing Chief Commercial Officer (CCO) Lloyd Carswell also spoke to OBSERVER media yesterday and said that for the period of June to September “about 9000 bookings [were] cancelled”. He admitted that LIAT was only able to so far make 1500 re-bookings.

Between June 7 and June 9 LIAT’s pilots were on strike protesting the status of negotiations on the implementation of a new, increased pay scale for pilots who now fly LIAT’s ATR-72 aircraft. Late on June 9, the Leeward Islands Airline Pilots Association (LIAPA) made a deal with LIAT bringing an end to three days of industrial action.

Carswell said that there were 1,100 passengers who were disrupted over the three days. He added, “People also rely on our flights to feed into connecting flights for other airlines. So, on top of that we had another 400 people who misconnected to flights elsewhere.”

The CCO said that LIAT has lost EC $1.3 million thus far for the period June. Reifer-Jones said the bookings that were lost for the summer cannot be recovered later in September and October “The disruptions hurt everybody. The passengers, the employees and the company’s image. The three days had an immediate impact and a long-term impact for the summer period is in the region of EC $7 million,” the acting CEO said.

She argued that the greatest impact was the confidence that had been lost in the company and the brand.

User avatar
bimjim
Forum Administrator
Forum Administrator
Posts: 31877
Joined: Fri May 12, 2006

Re: Three-day strike causes LIAT to lose [EC$7] millions

Unread post by bimjim » Thu Jun 22, 2017

This is EC$7 million in losses which we can DIRECTLY attribute to Riefer-Jones' mismanagement.

The pilots privided her with ample warning, AND in public. Did she decide to bluff them? Did she take the entire airline to the edge of bankruptcy because she thought they would not dare? And does she now think she can continue to lay the blame at the pilots' feet?

This is nothing new, this is FOUR TIMES in the last 30 years the pilots have "taken time off" because of salary negotiations, the first three times because LIAT management played games in negotiations for ten years before the pilots said "enough". In the Caribbean, inflation can be as high as 8% a year - which means in 10 years at the same salary can have devalued by as much as half.

In any normal, commercial company this management would have been FIRED a decade ago. But this is political appointee management, management by "friends" and by "go and see what you could do" or by "go and try a ting, nah", not by ANYONE who really knows what they are doing. Not even the politically appointed Board Members have a fraction of a smell of a clue.

And guess who pays the bills for all this foolery? Right, me and you, if not through income taxes then through losses of our sacred pension monies the politicians "borrow" to prop up their incompetence.

But guess what? Right now Julie Riefer-Jones believes in her heart she has what it takes to be appointed CEO of LIAT.

And guess what? Those politicians just might make that decision. Well, they WILL support their "friends", not so? And, after all, it's only taxpayer money, and our losses don't matter, they will just tax us some more.

Right?

Post Reply

Return to “LIAT (1974) Limited - Antigua”