Bridgetown.
Layoffs and cut in routes are part of a new course being consider by the shareholder Governments of LIAT, Prime Minister of St Vincent and the Grenadines and Chairman of LIAT Shareholder Governments, Dr Ralp Gonsalves made the disclosure yesterday following a series of meetings which took place between, Prime Minister of Barbados Freundel Stuart, Prime Minister of Antigua and Barbuda, Baldwin Spencer; the Board and Management of LAIT and the unions repesenting employees of the airline at the Hilton Hotel yesterday.
"In relation to the specific issue of cuts across the board, we have to make savings, we have to be more efficient in the way we are doing things, the airline have to enhance its revenues and reduce the unit cost of its operations",
Gonsalves explained that over the last two years LIAT had lost over EC$60 million and while they were working hard to turn things around, the airline was faced with several challenges, not least among them the general meltdown in the world economy, the high cost of fuel aviation fuel, competition from other carriers and the cost of maintenance, given the ageing fleet.
According to Gonsalves, LAIT could be getting an injection of cash because the Governments of St Lucia and Dominica have expressed interest 
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