LIAT20 is a 30/70 venture between the Government of Antigua and Barbuda and Air Peace, and its fleet has been inherited from LIAT (1974) and the latter.

LIAT20 was incorporated in Antigua and Barbuda in July 2020, in collaboration with private Nigerian airline Air Peace.

[3] Air Peace holds a 70% stake in the company and has been responsible for the leasing of the new Embraer E145s that are being used for the initial routes of the airline.

At the time, inter-island connections were prioritized with the Government looking to revise previous routes of LIAT (1974) such as those to Puerto Rico and the U.S. Virgin Islands.

[4] The airline commenced operations on August 6, 2024, with the inaugural flight to Castries, Saint Lucia.