Published On: Mon, Nov 5th, 2018

Corendon looking for more shareholders

corendon_dutch_737WILLEMSTAD - The travel company Corendon, which currently seems to be seen by many in Curaçao as the panacea of everything that is wrong in aviation on the islands, is also looking for new money. This can be read in an article in De Financiële Telegraaf.

The newspaper spoke with Corendon director Steven van der Heijden who explains the background of the story. "We want to expand the company, especially on the hotel side. We need a more financial scope for this, so we are looking for a new shareholder," says Van der Heijden. Van der Heijden also emphasizes that he and major shareholder Atilay Uslu do not intend to stop.

Corendon grew big with Turkey travels. "We have had a few difficult years, but that seems to be over now", says Van der Heijden in the article in question.

Yet there is also positive news to report. According to the director of the holiday company, the organization closed this week with a turnover of half a billion euros, an increase of 23%. According to him, the operating result for the tour operator and airline company amounts to over € 20 million. That is excluding the result of the real estate of the company, an estimated € 10 million.

Corendon Dutch Airlines intends to station one of its 3 Boeing 737 aircraft in Curaçao during the winter season, which will be flown in collaboration with Divi Divi Air, among others, to Sint Maarten and Sao Paulo in Brazil. According to reports, InselAir would also like to join the deal with Corendon.

Click Tag(s) for Related Articles: