Published On: Tue, Oct 30th, 2018

D-day for locale airline

Insel-Air-MD80-FOTO-Insel-AirWILLEMSTAD - The local aviation company InselAir took drastic austerity measures but still did not meet the conditions set forth by the judge. Extension of the deferment of payment is therefore by no means certain and then the airline will still go bankrupt.

A bright spot is the possible new strategic partner, InterCaribbean Airways, which takes over the debts. Today the Examining Judge decides whether that is sufficient to avert bankruptcy.

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