LIAT and Air Peace set to close talks shortly
By Aabigayle McIntosh
LIAT, the Caribbean airline, is set to expand its services by November this year through a partnership with Nigeria’s Air Peace.
Despite the airline receiving financial support from regional leaders, the government remains committed to keeping it operational. Lionel Hurst, Chief of Staff in the Prime Minister’s office, confirmed that while many regional governments have shown interest in participating, they are moving forward with the deal.
The partnership will see Air Peace acquire a controlling stake in LIAT, with the collaboration expected to be solidified by mid-November.
Additional aircraft are also set to arrive, which will boost LIAT’s capacity to transport more Caribbean travelers.
This move aligns with Air Peace’s strategy to enhance and expand its fleet, having recently ordered five Embraer aircraft, including the newest and largest E195-E2 model.
The acquisition of these aircraft will help Air Peace align its flight capacity with passenger demand, ultimately optimizing its operations.
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