Venezuela not in InselAir’s ‘Back to Basics’ plan
WILLEMSTAD – During a press conference exactly one month after taking over, the new CEO of the local airline InselAir, Gilles Filiatreault indicated once again that the company’s aircraft are safe and they comply with all the safety regulations.
In their stabilization plans for the airline, the management talks about going back to basic. This means that for the time being the airline will only operate to and from the Aruba, Bonaire, Curaçao and Sint Maarten. According to Filiatreault this is the airline’s core business. The second phase of the plan is to operate to and from Suriname and Miami. Venezuela, which used to be the pot of gold for the airline, is not part of the stabilization plan.
When Filiatreault took over the company the government allotted 33 million guilders (15 million dollars) to save the company from bankruptcy. One of the requirements was that the government funds would not be used for past debts but only to continue operating the airlines. That means that the new management had to negotiate with creditors.
During their first month, the new management had to deal with a lot of bad publicity. They even had to deal with the U.S. Consulate banning their employees from flying with InselAir. The Dutch government also emitted a warning for its employees not to fly with the airline. Filiatreault considers these bad publicities unjust because it is well known what the problem is in Aruba. These types of publicity cause a lot of harm within the company. There is not pride right now among the employees for being part of the company.