Insel Air Aruba Reaching Bankruptcy

Following a short temporary bankruptcy protection status granted by the Court of First Instance of Aruba Insel Air Aruba N.V, has been declared bankrupt today, June 7th, 2017 by the same Court. This was  based on a recommendation made  by the court appointed administrator (bewindvoerder). According to the administrator  the airline provided no evidence of […]

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THE WORLD AIRCRAFT REPOSSESSION INDEX 2017 CONFIRMS THAT ARUBA IS (AGAIN) THE LEADING ‘REGISTRY OF CHOICE’

The first edition of the World Aircraft Repossession Index, including 57 important jurisdictions worldwide, was published for the first time on October, 30th, 2015. The second edition was published in March 2017. The initiative to realise this unique work was undertaken by the law firm Pillsbury Winthrop Shaw Pittman LLP and it is available free-of-charge. […]

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Insel Air International B.V. has been granted temporary bankruptcy protection

Insel Air international B.V. has requested and has been granted temporary bankruptcy protection status by the Court of First Instance of Aruba until at least June 9th, 2017. This request was introduced as a consequence of a request for bankruptcy filed by creditor(s). With this measure the bankruptcy request(s) have been frozen pending the bankruptcy […]

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Transfer of business operations in Aruba or not? The Court provides (needed) clarity.

This Spijkers v Gebroeders Benedik Abbatoir CV, 1986 case has led to what is referred to in Europe as “Spijkers Criteria”. These are to be considered when it comes to deciding whether there has been a transfer of a business operation (“an undertaking”) or not. The criteria are: 1 was the undertaking a stable undertaking with an […]

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P4-CLA: Comlux is granted EASA TCO approval facilitating operations on its B767 VVIP

Comlux the Aviation Group is pleased to announce that Comlux Aruba, one of the Fly Comlux operational centers, has been granted an EASA TCO (Third Country Operator) approval which will facilitate its operation, specifically on the 767-200. This approval provides the Comlux wide body with the highest standard of compliance with European Union safety standards, […]

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THE WORLD AIRCRAFT REPOSSESSION INDEX 2015 CONFIRMS THAT ARUBA IS THE LEADING ‘REGISTRY OF CHOICE’

The first edition of the World Aircraft Repossession Index, including 57 important jurisdictions worldwide, has been published on October, 30th, 2015. The initiative to realise this unique work was undertaken by the law firm Pillsbury Winthrop Shaw Pittman LLP and it is available free-of-charge. See the websites below. The publication is a most workable tool […]

Read More THE WORLD AIRCRAFT REPOSSESSION INDEX 2015 CONFIRMS THAT ARUBA IS THE LEADING ‘REGISTRY OF CHOICE’

Successful aircraft repossession in Aruba: Aruba a registry and a judicial system of choice!

This Registry of Aruba was the first privately managed Category-1 aircraft registry in the world as rated by the FAA. Aruba was also the first off shore aircraft jurisdiction to adopt the Cape Town Convention, as early as in 2010. Aruba’s sound legal system and sophisticated courts can also offer even more value to the […]

Read More Successful aircraft repossession in Aruba: Aruba a registry and a judicial system of choice!