Demerara Waves Online News has reported six privately-owned airlines are being considered to link Guyana Caribbean islands following the collapse of LIAT Ltd., the news source said.
Several Caribbean shareholder governments say they are broke and can no longer afford to pump money into the ailing LIAT (1974) Ltd.
LIAT´s board has decided to ground the decades-old regional carrier and separate assets from liabilities because of insolvency. The financial situation has worsened because the airline has been grounded for several weeks now due to the fact that most Caribbean countries have closed their airports due to COVID-19.
Airlines that would fill the gap left by LIAT include the Trinidad and Tobago government-owned Caribbean Airlines, The Turks and Caicos-based Inter-Caribbean, One Caribbean in St. Vincent and the Grenadines, SVG Air, United States-based Silva, and the France-based Air Antille.