Air Antilles and Air Guyane in compulsory liquidation with continuation of activities

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THE commercial court of Pointe-à-Pitre pronounced last night the judicial liquidation of Cairo (Compagnie Aerienne Interregionale Express), the parent company of the airlines Air Antilles and Air Guyane.

The decision, initially scheduled for 4 p.m. in Pointe-à-Pitre, was finally made at 8:30 p.m. The court appointed two administrators on this file. The two airlines, which provide regional routes in the Caribbean, are authorized to continue their activities for the next two months, the time for the administrators to launch a call for buyers.

The CEO of Cairo, Eric Koury, had filed with the Pointe-à-Pitre commercial court a request for suspension of payment and judicial liquidation of his company, in the wake of a strike by pilots who were demanding the revaluations salaries granted following a previous dispute, in December 2022, and which, according to them, have not been honored.

Yesterday, during the hearing, the pilots’ unions announced ” suspend their strike and resume work on Thursday morning “. And at the end of the hearing, their lawyer Rudy Ouakrat declared: ” We are satisfied with the decision, which should allow, we hope, to find a buyer (in Cairo) so that it can be managed properly “.

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