The Caribbean Development Bank is backing efforts to boost intra-regional travel after the collapse of LIAT 1974.
Though the bank has not commented on talks it is holding with the Antigua and Barbuda government about LIAT 2020, CDB's acting President Isaac Solomon told a press conference in Barbados that air transport was "critical" for the region's development.
Over the weekend, Antiguan Prime Minister Gaston Browne announced that negotiations between CDB and the government over the sale of aircraft had concluded, and that all governments with shares in LIAT have agreed to sell them to LIAT 2020.
Mr. Solomon said CDB is willing to provide assistance in resolving the air transportation limitations affecting the Caribbean.
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