Cairo Airlines: Compulsory Liquidation and the Future of Air Travel in the Caribbean

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2023-08-03 04:39:46

The Cairo group, which includes the airlines Air Guyane and Air Antilles, was placed in compulsory liquidation with continuation of activity for two months.

The Cairo group, made up of the airlines Air Guyane Express and Air Antilles Express, was placed on Wednesday evening in compulsory liquidation with a two-month continuation of activity by the Pointe-à-Pitre commercial court and the pilots’ strike was ended. suspended.

“We are satisfied with the decision, which should make it possible, we hope, to find a buyer (for the company) so that it can be managed properly”, reacted Rudy Ouakrat, lawyer for the pilots’ union. Evoking a company with “a bright future (…) absolutely necessary since it offers a public service”, the lawyer judged “that it is necessary that it move forward without Eric Koury”, the CEO of the group. “We look forward to establishing a working relationship with the future buyers”, commented Brieuc Hardy, union representative of SNPL-Cairo.

The unions of the pilots of the two subsidiaries of the Interregional Express Airline (Cairo), on strike since July 14, announced Wednesday morning during the hearing, via press releases, “to suspend their strike and resume work Thursday morning ” . This player in Caribbean air transport, which has 300 employees, plays a major role in opening up the islands of the region.

Wage increases

The striking pilots of these two subsidiaries of the Interregional Express Airline (Cairo) demanded the salary increases granted at the end of a previous conflict, last December, and which according to them were not honored. The CEO of the group, Eric Koury, opposed these requirements to the company’s indebtedness, and he had filed with the Pointe-à-Pitre commercial court a request for suspension of payment and judicial liquidation of the company. business.

The hearing, which took place on Wednesday morning, lasted almost three hours, and the decision to place it in liquidation was announced on Wednesday evening. The strike, which started during the summer holidays, has left many travelers without a solution in the Caribbean islands, which the company connects from Guadeloupe, Martinique and Guyana.

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