[www.inewsguyana.com] – The Board of Directors of LIAT has accepted the resignation of Chief Executive Officer, Mr. Ian Brunton effective October 1, 2013. A press statement from the company stated that Mrs. Julie Reifer-Jones has been appointed to act as Chief Executive Officer.
Brunton, a Former Chief Executive of Trinidad & Tobago state owned Caribbean Airlines Ltd (CAL) was appointed CEO of LIAT on August 1, 2012.
His appointment came during a period of massive sustained losses for the airline – a combined amount of almost EC $80 million in losses from 2010 – and a deficit of around EC $344 million by the end of 2012.
Brunton has been leading a US $100 million re-fleeting process from ageing Dash-8 aircraft to ATR’s – which is designed to help move the airline back into profit by lowering maintenance and fuel costs.