Liat's board of directors has authorized
the carrier to pursue formal negotiations with Caribbean Star
toward joining forces and creating a new airline. According to
Caribbean Star, informal talks had been ongoing for several weeks.
The new airline
would combine the "best of the two carriers," Caribbean Star
president and CEO of Caribbean Star Airlines and its sister
carrier, Caribbean Sun Airlines, added "While competition is the
best system in some environments, cooperation appears to be the
better avenue for Caribbean Star, Liat and the region. We applaud
the decision by the Liat board and look forward to exploring our
options on a formal basis in the coming days and weeks."
To contact the reporter who wrote this article, send e-mail
to [email protected].