Claims that bankrupt airline will restart just not true, former head says

Eager fans have been suggesting that the airline is repaying debts.

Sep 28, 2024 - 00:30
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Claims that bankrupt airline will restart just not true, former head says

It has now not been a really good year for airlines that declare financial disaster.

Air Malta, Armenia's FlyArna, Britain's Flybe, Canada's Lynx Air and Jetlines — and Antigua and Barbuda's LIAT — are only a wide range of the airlines that ceased operations entirely in 2024. A couple of other names have also filed for financial disaster protection while continuing to work with creditors on plans that could allow them to stay afloat.

Related: The other regional airline declares financial disaster, cuts all flights

In June 2024, the United Caribbean Airlines B.V. and JetAir Caribbean B.V. airlines that operated jointly lower than the name JetAir formally declared financial disaster within the Court of First Instance of Curaçao over rising debts that they were now not in a position to repay.

The airline became frequently used to shuttle locals and tourists to nearby Caribbean islands equivalent to Aruba and Sint Maarten but all scheduled flights were all of sudden in general referred to as off by June 18.

When JetAir went bankrupt, all existing flights were in general referred to as off

"In consultation with the board, the trustees have made up our minds to cease all current flight operation," the airline announced at the time. "This signifies that each body flights are canceled, and JetAir's aircraft will remain grounded as of June 18th."

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As JetAir representatives had formerly said they were working with creditors to explore the probabilities for a potential restart, local social media has been buzzing with whether such a restart became on the horizon. Some reports claimed that certain tour operators plagued by canceled flights were already given payments.

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Director on that you may have the capacity to well imagine JetAir restart: 'No clue' and 'bankrupt with all assets'

But former JetAir Director Antonio Ribeiro told local outlet Amigoe Nieuws that the airline "went bankrupt with all its assets" and he has "no clue" if and when it'll have the flexibleness to come again to operations.

“The speculation that the company has resources to make payments is, in his view, incorrect,” the Curaçao Chronicle reports. “No matter the incontrovertible fact that he remains in contact with the trustees, Ribeiro did now not disclose why these discussions are ongoing or what their ultimate goal is.”

The trustees in question are local law firm HBN attorneys Stan van Liere and Robbert Vriezen. On the time, they reported that the bankrupt airline’s trust became working with liquidators.

An self reliant territory lower than the Kingdom of Netherlands, Curaçao is home to just lower than A hundred and fifty,000 permanent residents, but attracts nearly 1/2 1,000,000 tourists per annum as a Caribbean holiday destination.

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The Willemstad port with its colorful houses has always made it a well-liked stop for cruise ships and those sailing at some stage in the world but, lately, airlines have also started launching flights to an island that in the past relied on most effective some p.c. international routes in general taken by Dutch tourists to the island.

Delta (DAL) and United (UAL) have both launched new Curaçao flights from different U.S. cities, while international airlines equivalent to Azul Brazilian Airlines (AZUL) and Surinam Airways have also upped the frequency of existing routes to, within the previous’s case, a day to day flight between Curaçao and Fort Lauderdale.

The latter, which is the flagship carrier of the Caribbean nation of Suriname, announced new direct flights between Curaçao International Airport (CUR) to Miami and Chicago at the tip of last year.

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