The Indonesian press reports that PT Merpati Nusantara Airlines has ceased all flight operations until at least March 2014 while the cash-strapped carrier undergoes urgent financial restructuring.
Members of the public telephoning the Merpati Call Center are being told that all flights are cancelled until March 2014.
Reports in the media say crew and staff have not received wages for the past 3 months as the airline struggled to pay insurance premiums and fuel bills for their fleet of aircraft.
Added to the above, the airline must now also find the funds to make refunds to all those holding paid tickets for future flights
The CEO of Merpati announced last week that flights had been cancelled for the period February 1-5, 2014. The latest reports, however, suggest that all flight operations have been suspended until at least sometime in March.
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