PM invites wealthy Antiguans to invest $500K to $1M in new tourism project

Prime Minister Gaston Browne has made a call for wealthy Antiguans to invest in a new tourism project, which will see the development of...

LIAT could resume passenger services within weeks, Antigua PM says

Regional airline LIAT could return to the Caribbean skies soon to once again ferry passengers to and from most of its destinations, Antigua and...

More than US$130M paid to companies linked to Denis O’Brien

Denis O’Brien, who extracted at least $1.9 billion (€1.7 billion) in dividends from his Digicel phone group between 2007 and 2015, promised bondholders in...

Digicel asks employees to take pay cut

Digicel has asked all employees, including managers, to take a temporary salary reduction due to the financial losses caused by the COVID-19 pandemic. “Managers at...

Royal Caribbean loses $1.4 billion in first quarter

Royal Caribbean lost $1.4 billion in the first quarter after the coronavirus forced its entire fleet to port. Wall Street, however, overlooked the massive loss...

Antigua prepared to acquire Digicel shares

Antigua and Barbuda has indicated that it is prepared to acquire the shares of the financially strapped Irish-owned telecommunications company, Digicel, if it is...

‘You cannot have an accountant with no previous aviation experience directing’ LIAT, expert warns

Aviation pundits are calling for a major upgrade to regional carrier, LIAT. The struggling airline’s finances have seen a string of meetings held with regional...

First black president to lead United Airlines

Brett J. Hart has been appointed President of United Airlines Holdings Inc. This makes Hart the first black man to lead the 94-year-old company. Hart replaces...

Digicel says it’s business as usual despite bankruptcy court proceedings

Digicel has issued the following statement to update on its progress since announcing its plan to refinance over a month ago: ‘At the start of...

BREAKING: Digicel files for bankruptcy

Regional telecommunications giant Digicel has filed for bankruptcy before the Bermuda courts, but it insists that its day-to-day operations will not be affected by...