LIAT transfers business to new venture company Web Posted - Tue Sep 03 2002 Barbados Advocate LIAT =96 The Caribbean Airline ceased ground handling operations at VC Bird= =20 International Airport yesterday and transferred its business to a new joint= =20 venture company in which it will maintain the majority=20 shareholding. Caribbean Airport Services (CAS) was born out of the=20 restructuring programme embarked upon by LIAT=92s management to secure the= =20 long term future of the company. LIAT invited a number of interested=20 parties to share in this partnership, which enables the Company to separate= =20 ground handling from its core business of air transportation. Garry Cullen= =20 CEO of LIAT said, =93SERVISAIR, the world=92s largest independent airline=20 ground handling company which handles over 700 airlines at 200 airport=20 locations in 40 countries, are in the latter stages of negotiations to join= =20 the venture. They have however entered into a service agreement to assist=20 CAS during its start-up period.=94 CAS will have a very competitive cost=20 base, and will be positioned to successfully compete for other airline=20 contracts at its home base in Antigua, whilst pursuing expansion=20 opportunities throughout the region. The handling company, working in=20 consort with the new LIAT is committed to the delivery of excellence in=20 customer service and will be staffed by newly trained management and staff= =20 and will also include some former LIAT employees. In wishing CAS a very=20 successful future, Cullen paid tribute to departing staff of the former=20 LIAT airport operation, whom he described had given many years of loyal=20 service to the company. This latest development, takes LIAT another step=20 towards consolidating its position as the leader in air transport and a=20 first choice airline for the peoples of the Caribbean region. The owner of Roger's Trinbago Site: Roj (Roger James) *************************************************** escape email mailto:ejames@escape.ca Trinbago site: http://www.tntisland.com CBC Website http://www.tntisland.com/caribbeanbrassconnection/ The Trinbago Site of the Week: (MBH) http://maracasbay.com/ (Maracas Bay Hotel) courtesy of Roj Trinbago Website & TnT Web Directory Roj's Trinbago Website: http://www.tntisland.com TnT Web Directory: http://search.co.tt *********************************************************