(CMC) – The cash-strapped regional airline, LIAT, is proposing a salary freeze for the next three years for its employees as well as agree on a proposal that future salary increases would be dependent on employee performance.
Last week, the shareholders met in St. Vincent to discuss the airline’s future amidst concerns that the travelling public must be better served and intra-regional travel encouraged.
St. Vincent and the Grenadines Prime Minister Dr. Ralph Gonsalves, who is the chairman of the shareholder governments, said that a decision was taken to establish a technical committee, which presented a report regarding aviation in the Eastern Caribbean sub-region with an emphasis on LIAT.
“They have made certain recommendations as to possible options and at the last meeting of the shareholders, a few months ago, the principal shareholders accepted the recommendation of one of the options as possibly the most viable of them…
LIAT’s chief executive officer, Julie Reifer-Jones, in a letter, told the trade unions that if the airline is to remain sustainable it would require all stakeholders to support the changes.
She said the airline is not in a position to meet its ongoing obligations to employees and suppliers and that the current situation requires urgent attention.
There is also a proposal that the unions accept a revision of job descriptions in keeping with modern airline operations and the implementation of an appraisal system over the next six months.