Dutch Caribbean InselAir ceases operations
Dutch Caribbean carrier InselAir ceased operations Feb 16, but announced the closure via Facebook Feb 25. According to the Dutch newspaper, De Telegraaf, InselAir has debts of more than US$91.7m. The Curacao-based carrier had reportedly faced financial problems since 2017 and had begun to reduce the business and number of employees. Four years ago, the airline flew to more than 20 destinations within the Caribbean and more than 2m passengers were transported each year. At the end, it just operated between Curaçao, Aruba and Bonaire. In 2017, the Curaçao govt invested more than $18.3m in the carrier. The bankruptcy is a new blow to the economy of the island, which has been shrinking for 2 consecutive years, according to De Telegraaf. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2019-02-28/unaligned/dutch-caribbean-inselair-ceases-operations
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Dutch Caribbean InselAir ceases operations
Dutch Caribbean carrier InselAir ceased operations Feb 16, but announced the closure via Facebook Feb 25. According to the Dutch newspaper, De Telegraaf, InselAir has debts of more than US$91.7m. The Curacao-based carrier had reportedly faced financial problems since 2017 and had begun to reduce the business and number of employees. Four years ago, the airline flew to more than 20 destinations within the Caribbean and more than 2m passengers were transported each year. At the end, it just operated between Curaçao, Aruba and Bonaire. In 2017, the Curaçao govt invested more than $18.3m in the carrier. The bankruptcy is a new blow to the economy of the island, which has been shrinking for 2 consecutive years, according to De Telegraaf. <br/>
