Prime Minister Gaston Browne has admitted that significant reductions will have to be made across the board, including staff and salary cuts, to save Antigua based carrier LIAT.
The company is currently facing liquidation, which Browne admits would be a step in the wrong direction.
He also revealed to workers in a meeting for the company to survive it would require the support of all shareholder governments.
The nation’s leader says liquidation is not in the best interest for Antigua and Barbuda, but to do this, creditors will have to come on board. He has given union officials and staff until Friday to consider his position for the way forward.