Financial officer (CFO) of the cash-strapped Liat airline,
Roland Blais, has stepped down. Blais resignation and
departure from his post last Friday sparked speculation in
the regional press that it was part of a shake-up of Liats
top spots following the arrival of new chief financial officer
During a news conference in Antigua earlier this month, Darby
told regional media it would not be business as usual for
the airline as it sought to become an efficiently marketed,
commercially led business.
He stated that the airline was optimistic about getting the
Export Development Corporation (EDC) of Canada to eliminate
about half of the approximately $62.6 million the airline
Blais was an integral member of the negotiations with the
EDC and what, if any, effect his departure will have on the
progress of the negotiations waits to be seen.
He had said at the time that based on preliminary discussions
when he was in Canada, a minimum of half that debt would be
eliminated by the Canadian government.
Advertisements for a new Liat CFO have been running in the
newspapers for the last two weeks. (CH)