LIAT, Caribbean Star Merger Talks Move Forward

godking
11 December 2006 8:27am

LIAT and Caribbean Star, the two Caribbean-based airlines involved in negotiations to join forces and create a single carrier, report that joint discussions, which began in earnest about a month ago, are moving forward, according to each carrier’s CEO.

Skip Barnette, president and CEO of Caribbean Star and its sister carrier Caribbean Sun, praised the “pace and professionalism” of the current talks.

“It’s clear that everyone understands the urgent mission that we all share, which is to safeguard the future of air travel within the Caribbean,” Mr. Barnette said. “Caribbean Star’s operations cannot continue to be subsidized by our single shareholder when there is little hope for improvement in its capacity to earn profits in the current environment.”

Although the issue of union representation for staff at the new planned airline has not yet been resolved, both CEOs said that they recognize and respect every employee’s rights to seek such representation. Caribbean Star employees currently are not unionized while LIAT workers are.

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