The cash-strapped regional airline, LIAT, is proposing a salary freeze for the next three years for its employees and that future salary increases be dependent on employee performance.
According to Barbados Today, These proposals form the basis of discussions that took place in Antigua on Tuesday between the airline and regional trade union representatives as they discussed the future of the Antigua-based airline, whose major shareholders are the governments of Antigua and Barbuda, Barbados, Dominica and St. Vincent and the Grenadines.
Last week, the shareholders met in St. Vincent to discuss the airline’s future amid concerns that the traveling public must be better served and intra-regional travel encouraged.
St Vincent and the Grenadines Prime Minister Dr. Ralph Gonsalves, who is the chairman of the shareholder governments, said a decision was taken to establish a technical committee, which presented a report regarding aviation in the Eastern Caribbean sub-region with an emphasis on LIAT.
“They have made certain recommendations as to possible options and at the last meeting of the shareholders, a few months ago, the principal shareholders accepted the recommendation of one of the options as possibly the most viable of them…