The venture was short-lived. After being taken over by the Territorial Collectivity of Saint Martin and the company Edeis in October 2023, Air Antilles was placed in receivership on Monday, April 27, by the Mixed Commercial Court of Pointe-à-Pitre. The court rejected the takeover bids submitted since the company was placed in receivership on February 2. This decision leaves 116 employees out of work and foreshadows a difficult end to the term of office for the president of the Territorial Collectivity of Saint Martin, Louis Mussington, as the Collectivity had injected more than 21 million euros into the airline between October 2023 and March 2026.
Liabilities estimated at 56 million
“During the observation period, the…