Jetair declares bankruptcy: many Arubans have purchased tickets to go to the North Sea Jazz Festival

Employees and customers of JetAir gathered at Jet’s headquarters on Snipweg on Tuesday morning, after the Court officially declared the company bankrupt. They have been facing financial problems for some time now. Those who showed up were angry because despite the financial issues and the pending court case, tickets were still being sold to the public on Monday morning. Now these individuals are demanding their money back.

JetAir is a company that also flies to Aruba and has stopped selling tickets to Aruba on Monday and canceled its scheduled flights. The number of flights they used to have to Aruba was not many. But what is known is that they sold a lot of tickets to Curaçao for people going to see the North Sea Jazz Festival. Now these people are worried and asking what will happen to their money. They have purchased tickets but now there is no way to get there.

As known, there are air connection problems between the Dutch Caribbean islands. This has always been one of the big concerns. Now that JetAir has gone down, the situation is becoming more complicated. Further down, there is an email that the people who need to get their money back can send their requests to.

What happened?

Official information states that on June 18, the Court of Curaçao declared bankruptcy of United Caribbean Airlines B.V. and JetAir Caribbean B.V., operating under the name JetAir. The court appointed C.M. van Liere and R.J. Vriezen as trustees.

JetAir operated regular and charter flights to and from the Caribbean and South America area. Shortly after receiving the permits in November 2019, the COVID pandemic emerged. This had serious consequences for the aviation sector in general and for JetAir in particular. The resumption of flights continued with great effort.

In the years that followed, changes could not be made to the operation, which was losing money. As a result, JetAir could not meet the necessary investments for the maintenance of its two F70 aircraft. The company was forced to remove one of its aircraft from circulation, dismantle it, and use its parts for its other aircraft.

The second of these planes needed a new short-term engine, which meant a large investment but no financial resources for it.

As the operation was losing money and in the first four months of 2024 this was more than 2 million florins. JetAir decided to request bankruptcy of the company.

Trustees, in consultation with the management, decided to immediately stop the company’s operations. This means that the planes (for now) will remain on the ground and all other pending flights will be canceled.

In this first phase, the trustees will focus on informing passengers, employees, and other stakeholders, but also on inventorying the property and investigating the short-term continuation of JetAir’s existence.

A Q&A formulation with more information will be published on JetAir’s website. An email has been opened at [email protected] for the delivery of passenger and other creditors’ claims.