Antigua & Barbuda Prime Minister Gaston Browne says the federal government is not going to countenance a 100 per cent severance pay for former LIAT 1974 Ltd staff.
There was a months-long deadlock between the federal government and the Antigua and Barbuda Employees Union, with no decision in sight.
The federal government is providing a 32 per cent compassionate cost supply in money and bonds, which the prime minister says quantities to about $110 million {dollars}.
This 32 per cent is down from the 50 per cent the federal government initially provided.
Normal Secretary of the Antigua and Barbuda Employees Union, David Massiah, says he’ll all the time struggle for 100 per cent severance for the previous LIAT staff.
All governments that maintain shares in LIAT have agreed to promote them to LIAT 2020.
Prime Minister Gaston Browne says it is a important growth, as it’ll facilitate a seamless transition into the brand new airline, which might turn out to be operational in three months.
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