the commercial court validates the takeover of Air Antilles, end of activity for Air Guyane

The Pointe-à-Pitre commercial court validated, Friday September 29, the partial takeover of the Caire airline group by Cipim (holding of the Edeis group) allied with the community of Saint-Martin, which only takes over the connections operated by Air Antilles.

The resumption does not concern the activity of the Interregional Express Airline (Cairo) under the name Air Guyane, in particular to isolated areas in the Amazon of this overseas territory. The court authorized the dismissal for economic reasons of 176 of the approximately 300 employees in Cairo.

Three takeover offers were examined by the court on September 21, one overall for the Antilles and Guyana perimeter and two partial ones positioned on each of these two perimeters.

Refusal of public service delegation

At the end of the hearing on September 21, the public prosecutor rejected the Guyanese offer, leaving in the running the combined offer of Cipim (holding of the Edeis group, manager of 16 airports) and the community of Saint- Martin and that of Cafom, a group specializing in furniture, which has a common shareholder with Caire.

However, Cafom announced Thursday, by a letter from its lawyers to the court and to the judicial administrators published in the press, its intention to withdraw its offer, on the grounds of “loss of economic coherence” of the offer.

The president of the territorial community of Guyana had, in fact, explained last week his intention to refuse the public service delegation, from which Air Guyane benefited for the service of very isolated areas of the department, at any time. “offer not guaranteeing the full recovery of local employment”. He estimated in a press release that he had to “be clear that Guyana cannot be an adjustment variable in a global offer”.

Air Antilles plays an important role in air service to the Caribbean, being the only operator to operate flights to the entire region from the French islands.

The World with AFP

Source link

Leave a Reply