Creditors Withdraw Petition Against Air Seychelles
Air Seychelles, which entered administration last year, has avoided liquidation now that creditors have withdrawn their petition. Representatives of the noteholder committee of the bondholders have withdrawn their earlier petition, which called for the financially-troubled carrier to be wound up….
Seychelles’ Islands Development Company Brings Forth Plans To Add ATR
Islands Development Company (IDC), a state-owned company in the Seychelles that manages the archipelago’s outlying islands, is planning to add its first ATR next year, attributing the move to a rise in demand for air freight. Smart Aviation Asia Pacific…
Air Seychelles Enters Administration
Republic of Seychelles’s national airline Air Seychelles has entered administration, and two administrators have been appointed to examine the books of the financially-troubled carrier to determine its future. In a joint press release, by the Seychelles’ Ministry of Transport and…
Seychelles’ Islands Development Company Plans To Add ATR 42s
Islands Development Company (IDC), a state-owned company in the Seychelles that manages the archipelago’s outlying islands, plans to expand IDC Aviation’s fleet by adding ATR 42-600s in the next three to four years. IDC general manager of aviation, Marcus Labrosse,…
