Winair audited annual accounts for 2020 approved
Due to the impact of the pandemic, Winair experienced a sharp drop in revenues compared to the prior year. Winair?s board has held several meetings including correspondences with the shareholders in finding capital injection solutions to help the company to not only weather the pandemic effects in 2020, but to also poise the company to go into 2021 and beyond with a stronger balance sheet as the diminishing negative effects is expected to extend up to 2024.
Prime Minister Silveria Jacobs stated, ?St. Maarten will do all it can to support the request for a loan with the Dutch Shareholder to maintain Winair?s viability and sustainability for St. Maarten, Saba, St. Eustatius, St. Barths and all other destinations in the region for which we remain a hub.?