Thursday, September 26, 2013

LIAT shareholders taken to task by Dominican hotelier

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2 comments:

Anonymous said...

The problem is that the operations of an airline is wayyyyyyyyyyyyy beyond the tether of 99 percent of the shareholders of LIAT. Moreover, if the management team is not up to the task, and the politics is not removed from the decision-making, then the government and people of Saint Lucia has no business throwing good money after bad.

I wonder if LIAT would really cut its nose to spite its face, if a profitable route were to exist from anywhere in the region to Saint Lucia, and LIAT's managers in the face of the near liquidity crises that face LIAT from time to time, would refuse to service that route effectively just to spite Saint Lucia?

Would LIAT's management, as Chastanet is suggesting, do this because of the reluctance of the Saint Lucia government to sheepishly and slavishly follow the lead of other CARICOM Member States, which is to pour money into a financial black hole?

September 26, 2013 at 6:58 PM
Anonymous said...

Are you guys forgetting the small Islands governments’ have history of screwing up things dating back to the late 1950s when the West Indies Federation, also known as the Federation of the West Indies, was a short-lived political union that existed from 3 January 1958 to 31 May 1962?

Common sense should tell any one if those corrupt idiots can screw up a political union in 4 years what do your expect they will do to a little air carrier plague with top heavy and over paid incompetent and dishonest management.

I submit to you for LIAT to survive this on-going gross mismanagement, the Robert Crandall of American Airlines and the Frank Lorenzo of Continental Airlines doctrine must be implemented.

September 26, 2013 at 7:11 PM

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