Category Archives: PJIA Princess Juliana International Airport

PJIAE N.V. and WICSU/PSU reach agreement on application of Cost-of-Living Adjustment percentages on salaries

PJIAE N.V. and WICSU/PSU reach agreement on application of Cost-of-Living Adjustment percentages on salaries

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Prime Minister tours PJIAE reconstruction project

Prime Minister tours PJIAE reconstruction project
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June 3 Minister Ottley visits PJIA St Maarten terminal reconstruction

June 3 Minister Ottley visits PJIA St Maarten terminal reconstruction

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Princess Juliana Intl Airport Op Company N.V. — Moody’s announces completion of a periodic review of ratings of Princess Juliana Intl Airport Op Company N.V.

Princess Juliana Intl Airport Op Company N.V. — Moody’s announces completion of a periodic review of ratings of Princess Juliana Intl Airport Op Company N.V.

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Four Bids received for Airport Terminal Reconstruction Project on March 23, 2021

There was widespread interest by international companies with submissions in the range between US $70m through US $99m. Reportedly, a sum of four (4) major bids has been submitted to the Project Management Unit (PMU), who respectfully presides over the entire Airport project. The companies included CCECC (Singapore), Ballast Nedam International (Netherlands), Cotton Global Solutions (United States), and Aecon Airport Construction Ltd (Canada).

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MOODY’S Ba3 RATING OF ST MAARTEN’S PRINCESS JULIANA INTERNATIONAL AIRPORT PJIA SXM

MOODY Ba3 rating assigned to Princess Juliana International Airport’s (“PJIA”) reflects short-term challenges such as: (i) tight liquidity, (ii) breach of two covenants that require waivers from investors, (iii) debt service payments that will continue to be made

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