Caribarena Antigua The Best Caribbean News Portal

**Jackie Spense** » 2012-07-22 20:55

Personally I think it is a waste of time to send this clown anywhere to discuss anything! He might recommend that LIAT buy old Chinese air-planes!

Actually the whole a UPP full a clowns now!

**John French II** » 2012-07-22 02:42

Notes From A Native Son of The Rock. Quote:

Old Pirates, yes they rob I; Sold I to the merchant ships, Minutes after they took I From the Bottomless Pit. But my hand was made strong by the hand of the Almighty. We forward this generation Triumphantly.
Emancipate yourselves from mental slavery; none but ourselves can free our minds.

Let us hope that the Administration has recommended Brazil' s Embraer Aircraft and that The Board and Major Shareholder Governments approve.
Not so Dismissive about PRoC. Be careful of what you wish for. Since 2002, ProC has been developing a 70-passenger regional jet called the ARJ21and will set up a sales subsidiary for the ARJ21 in the United States.
PRoC is building Airbus320.
Boeing is the single largest purchaser of made-in-China aviation parts.Today, some 6,000 Boeing airplanes fly throughout the world with integrated China-built parts and assemblies and may soon see the PRoC building Boeing Aircraft.
GE is signing a deal to sell avionics technology - electronics that control an aircraft's basic in-flight operations - to Commercial Aircraft Corp. of China
"Pay Attention!"

**Observer** » 2012-07-21 20:01

That is exactly the point. The shareholders can fire the board, but nothing else. They don't set policy. And don't decide on policy decisions.
That is the task of the Board of directors

**fnpsr** » 2012-07-21 19:23

Well said - I agree with you for the most part. However, I believe that in a big corporation, the management team runs the day to day operations. The Board of Directors oversees and selects the management team and oversees their operations. The shareholders select the Board of Directors.

So who are the players, i.e., the shareholders, board of directors and management team?

"A meeting of the 'majority shareholders'" - what does this mean?

Is Antigua the majority shareholder and are the other two minority shareholders?
Why are the shareholders determining what plane to buy? Did the management team recommend to the Board of Directors what plane to buy?

"Let's fix the little things with RWE before we attempt to fix the big things."

**Observer** » 2012-07-21 12:53

In a normal corporation structure a company is run by its Board of Directors with at the the Head a Chairman. With Liat I constantly hear that the shareholders are running the show. If that is the case then management can not be held accountable for their action as the Shareholders are involve in the management decission. This is very odd. Shareholders are only liable for up to their share capital. Should not have any management decission to make. Can elect to vote the board out at special meetings. Why are we doing things so upside down and yet expect the same result as in the private business.

**Perplexed** » 2012-07-21 12:13

Just hope its not chinese made or I will stop flying

**Woods** » 2012-07-21 10:42

I will not be surprised to see the Prime Ministers vote to get an aircraft from a manufacturer in China while Chinese airlines continue to purchase aircraft from Europe, North America and Brazil.

Title	Answers
ANY INFO ON HOLIDAY LETTINGS AT BARRYMORE BEACH CLUB RUNNAWAY BAY	0
first caribbean international bank	0
how can i get in touch with Dilana R. the professional singer?	0
Who was antigua's first Govenor General	1
WHICH ONE OF THE BIRD IS DEAD	1

Title	Answers	Hits
Was there a police report filed by Royal Caribbean Vision of the seas for the man, wife and 11 yr old child removed from the ship on December 20th, 2012 ? He allegedly attacked a man with a service dog on the ship and was set on the dock that day with hi	0	30664
PWD in shambles, what is the purpose of their position? I'm tired of these people in the dept who jsut come eac day to make you feel uncomfortable because of their miserable lives. someone needs to look into this.	0	14634
What is the world's largest airline?	2	5352
What is the amount ZDK owes for electricity ?	1	3701
any audio or video of Minister Farrakhan speech at the Multi-purpose Centre?	1	3606

7 Comments In This Article

Add comment

Follow us on Facebook

Popular Questions

Ask Your Question

Spotlight on Opinon

Latest Business News

Most Read This Month In Business

Search Directory

Directory Listings

App

CARIBARENA