Prime Minister Gaston Browne has rejected as “inequitable” talk that Antigua & Barbuda alone should bear the cost of severance payments of all of the workers based here.
The majority of LIAT employees are based in Antigua & Barbuda, in excess of 300 of them.
Prime Minister Browne told parliament over the weekend that this could see the country paying close to $80 million dollars in severance.
St. Vincent Prime Minister Dr Ralph Gonsalves said one suggestion is for each shareholder government to bear the cost of its employees.
This would mean that St. Vincent would be just about $2 million and Barbados about $17 million with Antigua & Barbuda paying nearly 80 million.
Browne said any decision on severance payments should be based on shareholding, with Barbados being the majority shareholder of LIAT.
He said the employees in Antigua served the entire region and not just Antigua.
A meeting has been scheduled for July 31st to discuss winding up of LIAT. Government’s Chief of Staff Lionel Max Hurst said another meeting to discuss an alternative to the liquidation of LIAT was cancelled on Monday and has not been rescheduled.
(Source: Antigua News Room)