Court lets interCaribbean escape from Insel Air penalty

WILLESTAD – InterCaribbean Airways Ltd. does not have to pay a penalty of $500,000 to bankrupt airline Insel Air, the Common Court of Justice ruled on Thursday. The Court in First Instance imposed this penalty More...

Court ruling brings Insel Air closer to bankruptcy

PHILIPSBURG – InterCaribbean has to provide a $500,000 bank guarantee for Insel Air, the Court in first Instance ruled on Thursday. But Insel cannot touch that money until the court has ruled in a regular More...

Insel Air on the verge of bankruptcy

PHILIPSBURG – Troubled airline Insel Air came one step closer to bankruptcy this week after the Court in First Instance withheld its approval of the so-called homologation agreement with its creditors. Intercaribbean, More...