Problem: LIAT 1974 played a significant role in intra-regional travel. However, faced with poor management and financial woes the regional airline LIAT 1974 briefly ceased operations. Now, there is much discussion as to the way forward with LIAT 1974. After reading the lecture notes, watching the videos below and doing further research, do you think that Caribbean governments should invest in a regional Caribbean airline? Why or why not?
Compare the taxes charged on airline tickets for travel within the Caribbean region (intra-regionally) with taxes on airline tickets from the Caribbean to an international destination. What are your findings?