United Caribbean Airlines, which operated under the name JetAir Caribbean, has been declared bankrupt by the courts in Curaao, the island in the Dutch Caribbean where JetAir operated from.
The Court of First Instance in Willemstad, Curaaos capital, appointed C.M. van Liere and R.J. Vriezen as trustees of the company.
All JetAirs flights have been cancelled from 18 June onwards, while the trustees (similar to administrators) assess the company finances and explore the possibilities for JetAir moving forward.
A statement shared by trustees and creditors on JetAirs website explained the bankruptcy proceedings now underway.
In this initial pha…
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