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Article: Airline News - Latin America / Caribbean.
- Article from:
- Airguide Online
- Article date:
- October 16, 2006
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Oct 16, 2006
Caribbean Star Airlines, LIAT
Caribbean Star Airlines and LIAT said this week that they plan to "commence formal negotiations toward the merger of the two carriers" following a decision by the LIAT board. Caribbean Star Chairman R. Allen Stanford said the tie-up "could eventually become the most modern and efficient airline in the Caribbean." A joint statement issued by the two airlines said a merger "represents the kind of bold and creative approach needed to make a difference in the area of regional air transportation which to date has been characterized by significant ...