A court in Aruba has declared Insel Air Aruba bankrupt, the Curacao Chronicle has reported.
According to the newspaper, the court granted the airline a deferment of payment for a few months and it was not operating flights anymore. However, according to the report, there was no chance of selling the airline or restarting its operations since the airline did not work on a stabilization plan, nor did it consider taking cost-cutting measures and there were no efforts made to start generating income.
“Irresponsible to maintain the moratorium even longer,” the Curacao Chronicle quoted the curator as saying.
It also referenced the ongoing crisis in