• Home
  • NEWS
  • SPORTS
  • ENTERTAINMENT
    • POWER HOUSE
    • MUSIC / VIDEOS
    • MOVIES / TV
  • LIVE
  • Contact Us
Facebook Twitter Instagram
Trending
  • Rihanna, A$AP Rocky attend ‘Iconic’ Beenie Man show in Barbados
  • Beenie Man injures ankle in bike crash — source
  • Will Smith Says He ‘Understands’ If Moviegoers Aren’t Ready to Watch New Film After Oscars Slap
  • Will Smith says bottled rage led him to slap Chris Rock at the Oscars
  • Drake Gifts DJ Khaled with Toilets
  • Soca Invasion Brings Caribbean Culture to Ghana in January
  • SVG days away from exporting first legal shipment of medicinal cannabis
  • Protect yourself and use condom properly- AIDS Secretariat
Magic 103.7
  • Home
  • NEWS
  • SPORTS
  • ENTERTAINMENT
    • POWER HOUSE
    • MUSIC / VIDEOS
    • MOVIES / TV
  • LIVE
  • Contact Us
Magic 103.7
Home»News»Lynch to LIAT: Adopt WINAIR’s Profit Making Ways
News

Lynch to LIAT: Adopt WINAIR’s Profit Making Ways

By Magic 103.7July 25, 2017Updated:January 16, 2018No Comments3 Mins Read
Facebook Twitter WhatsApp Reddit Pinterest LinkedIn Telegram Tumblr Email

BASSETERRE, St Kitts and Nevis, Jul 25 2017 – An aviation consultant who wants to see drastic changes made to LIAT to help the regional airline survive and become profitable, is predicting that LIAT will fold in the near future if far-reaching changes are not implemented.

Former LIAT pilot James Lynch is calling for a board of directors whose members have aviation experience or expertise, and less political interference in the running of the company.

As WINN FM has been reporting, Lynch has sent a proposal to LIAT shareholder heads of government and other CARICOM leaders, outlining what he considers major steps that can cure LIAT’s ailments.

When asked what kind of response did he get from the leaders that he sent his proposal to Lynch said “Most of them I didn’t even got an acknowledgement, from one or two of them I got an acknowledgement that they received my emails and documents, other than that I got zero response.”

WINN asked if there would ever be a time when political appointees are a thing of the past in the LIAT scenario.

“I think I will live to see the demise of LIAT, I don’t believe LIAT can last much longer. Barbados is already completely bankrupt with a national debt of over $20 billion dollars, Antigua is headed the same the other shareholders, St Vincent has their own airline, they no longer need LIAT.  Gonsalves no longer cares about LIAT and even when he did care about LIAT, he was only holding eleven percent of the losses.”

James Lynch insists that he has the recipe for making LIAT profitable.

His comments were made in the weekend edition of WINN FM’s The Bigger Picture.

“The recipe for making LIAT profitable is putting in professional management. Right now the board is ineffective and incompetent, when I say incompetent I don’t mean that they are incompetent in every area, they are incompetent in aviation. They know nothing about airlines, they nothing about aviation and they almost never have. They are put there on the board as political favors because they have done something for the party or they are friends of a politician.  What LIAT needs is professional management , remember LIAT is a monopoly in the Eastern Caribbean that is losing money. This is something that never happens in the world, you get a monopoly and you make money, LIAT is a monopoly that loses money.”

Among the measures proposed in the aviation consultant’s ten-point plan,  that LIAT’s current executive management be given immediate notice of termination, and that a new aviation savvy board of directors be mandated to seek other regional citizens for executive management positions who are qualified in the required skills as well as have experience in international or regional airlines.

Lynch’s drastic measures include encouraging the prime ministers concerned to direct broad objectives for a new board and then “withdraw totally from any and all involvement in the airline”.

Antigua-based commentator and analyst Arvel Grant says there is some merit in the Lynch proposals.

However he argues that the problem of political interference in the airline by shareholder governments will be a difficult nut to crack. (WINN)

Source:Caribbean News Service

LIAT Profit
Share. Facebook Twitter WhatsApp Reddit Pinterest LinkedIn Telegram Tumblr Email
Previous ArticleSpice Under Attack For Buying Jaguar Jeep But Allegedly Not Paying Dancers
Next Article Local Weather Report

Related Posts

LIAT to Increase Flights to Hurricane Battered Countries

November 10, 2017

LIAT to suffer US$13m loss due to hurricanes

October 19, 2017

St Vincent PM disagrees with CARICOM Chairman on LIAT

July 5, 2017

Comments are closed.

  • Facebook
  • Twitter
  • Instagram
  • YouTube
Listen To Magic 103.7 Live

Trending

Rihanna, A$AP Rocky attend ‘Iconic’ Beenie Man show in Barbados

November 29, 2022

Beenie Man injures ankle in bike crash — source

November 29, 2022

Will Smith Says He ‘Understands’ If Moviegoers Aren’t Ready to Watch New Film After Oscars Slap

November 29, 2022

Will Smith says bottled rage led him to slap Chris Rock at the Oscars

November 29, 2022

Drake Gifts DJ Khaled with Toilets

November 29, 2022
Magic 103.7 - Today's Music Yesterday's Hits
Today’s Music Yesterday’s Hits
Follow Us
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Popular This Week

Rihanna, A$AP Rocky attend ‘Iconic’ Beenie Man show in Barbados

November 29, 2022

Beenie Man injures ankle in bike crash — source

November 29, 2022
Copyright © Magic 103.7 | Designed by Delano Maloney Designs
  • Privacy Policy
  • Contact Us
  • Subscribe

Type above and press Enter to search. Press Esc to cancel.