SIMPSON BAY — The annual general meeting of Windward Islands Airways International Winair shareholders took place at Dr. Claude Wathey Legislative Hall on Wednesday. Present were the shareholders represented by St. Maarten’s Council of Ministers, Dutch Ministry of Infrastructure and Environment Director of Aviation Dr. Rob Huyser, Dutch Government policy advisor Cor van Wijk, Representative of the Netherlands Chris Johnson, and the Supervisory and Executive Boards of Winair.
The local airline’s 2015 audited financial statements were accompanied by a clean auditor’s opinion and showed a net profit of US $2,983,506. Although profit has been posted, the company remains in a negative equity position due to debts and losses incurred prior to ownership transfer from the former Central Government of the Netherlands Antilles to Country St. Maarten on 10-10-10.
Prime Minister William Marlin, the Council of Ministers and the representatives of the Netherlands congratulated Winair and its employees for a great job and wished them continued success.
Source: Daily Herald
Winair reports 2015 net profit
Great job WINAIR with almost $ 3 million profit. Now to lower the fares to Saba and Statia!
For the profit to turn into loss again?
Sure you can make money when you charge $468 round trip to San Juan in the summer. This is the national carrier making a profit on the back of the people from the island. I understand they should create reserves but please provide reasonable prices
So what is a reasonable price for you?
200 for a 50 minute flight