Published On: Thu, Aug 29th, 2013

DAE can count on all parties involved

DAEWILLEMSTAD – Since the suspension of operations of the local aviation company Dutch Antilles Express (DAE)to and from Venezuela, the airline has been struggling with financial problems. Venezuela was the most important market for the company. The situation became so bad that DAE has ran out of cash flow and was not able to pay salaries for two months now. Payments to the Curacao Airport was also not possible which resulted in a cancelation of all operations last week.

The employees have resorted to the local development bank Korpodeko which owns the shares of the company and Mr. Stanley Betrian who is the legal owner of the airline.

"There is hope for DAE", were words spoken by Roy Harms (Chief Pilot and representative of the employees) after the meeting that took place on August 28, 2013 with all stakeholders of the airline. Korpodeko, Stanley Betrian, Steve Sloop and Elroy Harms sat around the table to discuss the future of DAE. The parties indicated to DAE that they will not be left in the cold and that the employees can count on their support.

First, it is discussed how to pay salaries from July and August. This also applies to the debt at Curaçao Airport Partners (CAP) so that the company can pick up its operations within 24 hours. Salaries and debts at CAP must be paid for this to happen, according to the Chief Pilot.

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