The privatisation of Liat is going forward, with Trinidad and Tobago's BWIA the probable lead investor in the small Antigua-based Carribbean regional. BWIA has proposed a 22 per cent investment, and will provide marketing services for Liat. The Antiguan government will retain 10 per cent of the privatised carrier, employees 10 per cent, and private investors will have the rest.
Source: Airline Business