Published On: Wed, Nov 21st, 2018

Agreement between InselAir and InterCaribbean

InterCaribbean-AirwaysWILLEMSTAD - There is an agreement between InterCaribbean Airways and the parties negotiating for the local aviation company InselAir.

InterCaribbean buys the shares of InselAir for 1 dollar each and guarantees the outstanding 11.5 million dollars that InselAir still needs to receive from Venezuela.

Two-thirds of the more than 1200 creditors now have to agree to this. They will then all receive their money up to a maximum of 3000 guilders. Curator Rogier van den Heuvel calls it the best possible deal.

By 4 December, it must be known whether the creditors accept the deal.


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