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                                                                    EXHIBIT 23.4
    
 
   
                       CONSENT OF INDEPENDENT ACCOUNTANTS
    
 
   
     We consent to the incorporation by reference in the registration statements
of Loral Space & Communications Ltd. ("Loral") on Form S-3 (File No. 33-26517)
of our report dated April 15, 1997, on our audits of the financial statements of
Skynet Satellite Services as of December 31, 1996 and 1995 and for each of the
three years in the period ended December 31, 1996, which report is incorporated
by reference from Loral's Form 8K/A dated March 14, 1997.
    
 
   
                                          Coopers & Lybrand L.L.P.
    
 
   
New York, New York
    
   
June 23, 1997