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    Home»Main Story»Liat collected $11 million from passengers who can’t fly as airline collapses
    Main Story

    Liat collected $11 million from passengers who can’t fly as airline collapses

    July 9, 2020Updated:July 10, 20202 Comments1 Min Read
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    (268today.com ) Up to May this year, LIAT had sold $11 million dollars worth of tickets, even though the carrier stopped flying in March due to COVID-19.
    This figure was revealed Thursday by chairman of LIAT shareholders, Prime Minister Dr. Ralph Gonslaves, as he gave a breakdown of LIAT’s debts.

    In addition to the $11 million owed to would-be travellers, Gonsalves said LIAT owes its 636 employees severance totalling $84 million, and holiday pay totalling $10 million.
    Gonsalves said the airline had retained around 100 employees when flights were grounded due to COVID-19. He said those 100 employees are now owed around $7.2 million dollars in unpaid salaries.
    The airline has taken is website liat.com offline.

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    View 2 Comments

    2 Comments

    1. Eugene on July 10, 2020 2:57 PM

      What will happen to people who have credits for cancelled trips?

    2. Nathan on July 11, 2020 11:13 AM

      Sorry comrade but you as a director of the company, knowingly trading whilst insolvent, must prepare yourself for being responsible with others for LIATS debts.

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