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New Caledonia: Blocked for Six Weeks, Air Caledonia Placed in Judicial Reform
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Air Caledonia, which had been grounded for more than six weeks by a blocking movement of the airfields of the Loyalty Islands and the Isle of Pines, had been placed in judicial reform by the Nouméa Joint Commercial Court, in an attempt to save a vital domestic service for New Caledonia. This procedure opened a period of observation of six months, renewable, during which debts were frozen and a recovery plan would have to be drawn up to preserve …
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