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BWIA and LIAT will operate under one company
January, 2004 has been set as the target date for the start-up of the proposed single regional airline involving the Trinidad and Tobago carrier, BWIA, and the regional island-hopping airline, Leeward Islands Air Transport (LIAT).
The new entity is being established under a new holding company, Caribbean International Airlines (Holding) Ltd., (CIA Holding Ltd.), which registered earlier this month in Trinidad and Tobago. A merger between BWIA and LIAT is not the proposition being considered but rather the start up of a new carrier, which it is hoped will incorporate both BWIA and LIAT and possibly other Caribbean carriers.
Both carriers will retain their own separate operating status each with their own Airline Operator Certificate (A.O.C.). The holding company will enable the airlines to share functions such as finance and Information Technology to reduce operating costs, CMC reported.