WINAIR’s 2015 Annual General Meeting of Shareholders Reveals Nearly US$3 Million Profit
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WINAIR’s 2015 Annual General Meeting of Shareholders Reveals Nearly US$3 Million Profit

Copyright Maksim Kabakou Shutterstock Copyright Maksim Kabakou Shutterstock

SIMPSON BAY - The Annual General Meeting of Shareholders of WINAIR took place at the Dr. Claude Wathey Legislative Hall on July 13, 2016. Present were the shareholders represented by the Council of Ministers of St. Maarten and Dr. Rob Huyser - Director of Aviation at the Dutch Ministry of infrastructure and Milieu, Mr. Cor van Wijk – Policy Advisor of the Dutch Government, Mr. Chris Johnson – Representative of The Netherlands, the Supervisory Board- and the Executive Board of WINAIR.

The 2015 audited Financial Statements of WINAIR were accompanied by a clean auditor's opinion and showed a net profit of US$ 2,983,506.00. 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 done and wished them continued success.

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