Barbados Prime Minister Mia Amor Mottley says government remains committed to intra-regional air travel and to regional carrier, LIAT.
Ms. Mottley says, however, that Barbados is not committed to supporting the old LIAT model.
This follows reports out of Antigua alleging that Barbados was considering selling its shares in LIAT to the Antigua and Barbuda government.
Prime Minister Mottley’s comments came at the signing of a financial advisory services agreement between the International Finance Corporation of the World Bank Group and Grantley Adams International Airport Incorporated. The agreement was signed at Government Headquarters today.
Meantime, Prime Minister Mottley has stated government’s intention to retain ownership of the Grantley Adams international airport , but disclosed plans for what she called a long-term concession on the facility.
The airport is to be leased to an entity which will have a concession to manage, operate and develop the facility for a period of 25 to 30 years. The deal will include expansion and upgrades to the airport.
Chairman of the board of GAIA Incorporated Victor Fernandes highlighted other improvement plans.