LIAT 2020 Ltd issues statement on ownership of the airline

LIAT 2020 Ltd, has sought to clear the air following the circulation of recent information that raises questions on the carrier’s future. The statement reads:

“ In light of recent speculations and misinformation regarding the ownership and structure of LIAT (2020) Limited, we believe it is important to provide clear and accurate information to our valued customers, partners, and stakeholders. At LIAT (2020) Ltd, transparency and our commitment to regional connectivity remains at the forefront of our operations. This statement serves to address any misconceptions and reaffirm our dedication to delivering exceptional customer experience across the Caribbean.

LIAT (2020) Limited, a local company incorporated under the Laws of Antigua and Barbuda, is a joint venture between the Government of Antigua and Barbuda (GOAB) and Air Peace Caribbean Limited (APCL) another local company incorporated under the Laws of Antigua and Barbuda. The shareholding structure is 30% for the GOAB and 70% for APCL. It is important to clarify that APCL is an entirely separate entity from Air Peace Nigeria Ltd. Mr. Allen Onyema, the CEO of Air Peace Nigeria Ltd, holds no shares, directorship, nor is he involved in APCL or LIAT (2020) Ltd.

LIAT (2020) Limited wishes to reassure its stakeholders, that the company’s ownership and operations have not been impacted by the incorrect speculations regarding Mr. Onyema. We emphasise that Mr. Onyema has no ownership stake in LIAT (2020) Ltd, and such claims are completely unfounded as they do not exist.

As we continue our mission to provide reliable flight services throughout the region, we are grateful for the ongoing support of our customers, stakeholders and partners. We remain committed to delivering the best, exceptional customer experience, as we strive to connect the Caribbean and SOAR!”