Dash 8 Q300. However, in June 2007, the shareholder governments of Barbados, Antigua, and St. Vincent gave the go-ahead to the Board of Directors to buy out the assets of Caribbean Star instead. LIAT purchased Caribbean Star Airlines on the 24 October 2007, and five of the Caribbean Star's DHC-8 aircraft were then transferred to LIAT. As another result of the merger, LIAT changed its slogan to "LIAT, Star of the Caribbean", which was used as the slogan for a short time, and was then changed back to "The Caribbean Airline". On 27 June 2020, the Prime Minister of Antigua and Barbuda announced that LIAT would be liquidated following a series of unsuccessful months due to COVID-19. The airline was reformed as a new entity that provides vital connections between the Caribbean islands. Ownership The airline is owned by eleven Caribbean governments, with three being the major shareholders: Barbados, Antigua & Barbuda and St. Vincent and the Grenadines along with Dominica (94.7%); other Caribbean governments, private shareholders and employees (5.3%). It has 667 employees (at December 2018). The government of the Republic of Trinidad and Tobago, which also is the majority shareholder along with Jamaica of another regional carrier, Caribbean Airlines, the national airline of Trinidad and Tobago, is a minority shareholder in LIAT. However it allows the Government of Barbados to use these shares by proxy. The airline is currently in Administration as the Government of Antigua and Barbuda seeks to take over and restructure the airline. However, the ownership has not changed as of March 2021. Corporate affairs The airline is headquartered in Antigua. The Engineering and Flight Operations Department are located at the V. C. Bird International Airport in Saint George Parish, Antigua. The Corporate Headquarters which includes the call centre and customer relations departments are located at the Sealy Building on Sir George Walter Highway. The commercial department is located in St. Michael, Barbados. CEO changeover On Wednesday, March 26, 2014 the Caribbean Media Corporation (CMC) reported that British aviation executive, David Evans, was selected by the board of directors to become LIAT's next chief executive. Caribbean Media Corporation (CMC) late Wednesday. On April 22, 2014, Evans was appointed as CEO of LIAT. Evans' appointment comes weeks after the shareholders mandated Chairman Jean Holder to study the future of the airline for 100 days, and shareholder Prime Minister Ralph Gonsalves had boasted that more than 200