Published On: Wed, Dec 19th, 2018

The status of InselAir

DSC_0027WILLEMSTAD – During the court session yesterday, the approval of the agreement acceptedDSC_0051 by InselAir’s creditors was discussed. The management of InselAir and the superintendent have informed the court that the intended buyer of the shares, inter-Caribbean, has not provided any security for the fulfillment of the agreement. InterCaribbean was not represented at the hearing. The court will rule on the agreement on 28 December 2018.

The director of InselAir and the superintendent have indicated at the hearing that they have filed a petition for an emergency summary order to ensure that interCaribbean is ordered to still provide the agreed security or the bank guarantee letter.

This court hearing is scheduled for Friday 28 December 2018 at 9.00.

Photo (l): Employees who attended the court session today worried about their future.
Photo (r): Superintendent Rogier van den Heuvel representing the creditors

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