Daily Archives: June 9, 2015

Are LIAT’s major shareholders deliberately destroying the airline in order to re-create it without debt?

liat-airlines-disasterby Passin Thru

Sometimes our assumptions about a situation or problem blind us to simple answers that are right in front of us.

Could it be that the apparent increasing incompetence by senior LIAT management and a rapidly deteriorating cash flow are actually part of a plan to push the airline over a financial cliff as soon as possible, so that it can be reformed without debt and with limited political fallout?

LIAT’s biggest asset is its routes. Nothing else really matters. The aircraft are leased, and LIAT’s facilities are also mostly rented. The airline owns little of any real value that couldn’t be bought at fire-sale prices after a bankruptcy.

So let’s here from those who know about airlines and LIAT in particular… Is it possible that LIAT’s shareholders are deliberately destroying the airline?

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