Close
Bali Discovery Tours: Homepage
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Home Bali Contact Bali Practicalities Bali News Bali Services Bali Transportation Bali Sports Bali Excursions Bali Villas Bali Hotels
Home · News · Merpati Nusantara Airlines: Struggling to Survive
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Bali Hotels
Bali Villas
Special Deals!
Packages
MICE Handling
Bali Excursions
Culinary - Dining
Guided Tour
Bali Spas
Bali Sports
Diving
Golf
Bali Transportation
Car Rental - Selft Drive
Private Jet Charter
Bali News
Bali Services
Bali Practicalities
Bali Contact
Bali Career
Home
 
Bali Update
Subscribe to our free weekly newsletter!
 
PATA header
PATA Gold Award 2007
Bali Update
PATA Gold Award Winner 2007
 
Bali Contact
Bali Discovery Tours
Komplek Pertokoan
Sanur Raya No. 27
Jl. By Pass Ngurah Rai,
Sanur, Bali, Indonesia

Tel:
++62 361 286 283

Fax:
++62 361 286 284

U.S.A. Fax:(toll free)
1-800-506-8633

U.K. Fax:
++44-20-7000-1235

Australian Fax:
++61-2-94750419

24h:
++62 812 3819724

Bali Discovery

SITE PATA ASITA
Bali News

Merpati Nusantara Airlines: Struggling to Survive

Government Intervenes in the Eleventh Hour to Save Merpati From Imminent Collapse.


Bali News: Merpati Nusantara Airlines: Struggling to Survive
Click Image to Enlarge

(8/9/2008)

Promised badly needed cash injections from the Government, a change in senior management and a difficult decision to terminate nearly half of its employees are among the steps now being made to save PT Merpati Nusantara Airlines (MZ) from complete collapse.

On Wednesday, August 6, 2008, MZ's President Director Cucuk Suryo Surpojo and Operations Director Abbhy Widya were summoned to the Ministry of State-owned enterprises and summarily terminated from their positions. Cucuk was replaced by Bambang Bhakti, the former Director of the Jakarta International Cargo Terminal, while Abbhy's position was assumed by Captain Nikmatullah Rahmatullah Zaman. Also moving into key positions at MZ are Hotlan Siagian as the Director of Maintenance and Engineering, and Robby Eduardo Quento as the Airline's Director of Finance.

In announcing the management shake-up to the press, MZ's Corporate Secretary, Purwatmo, said the changes were being made to help hasten the current restructuring of the "critically ill" state-owned airline. "It is hope that the funds needed for restructuring will be made available in September 2008, allowing the restructuring to move ahead quickly," explained Purwantmo.

According to Bisnis Indonesia, the government will soon inject Rp. 300 billion (US$32.6 million) into MZ, with much of that sum to be used to pay the cost of golden handshake termination packages for 1,300 employees who will lose their jobs in the restructuring.

The decision to suspend nearly 50% of the MZ work force was made following a limited cabinet meeting with President Yudhoyono where it was determined that the airline could not survive with its current bloated payroll. Meanwhile, surplus pilots will be seconded by MZ to Garuda Indonesia which continues to suffer a shortage of qualified flight officers.

The restructured MZ will reportedly focus on serving "pioneer" routes to secondary destinations in Indonesia, primarily in Eastern Indonesia. In keeping with its route network, MZ will soon move its corporate headquarters from Jakarta to Makassar in Southern Sulawesi.

Related Article

[VP Kalla Calls for Urgent Reorganization of Merpati Airline]


© Bali Discovery Tours. Articles may be quoted and reproduced if attributed to http://www.balidiscovery.com.


 
Bali News by Bali Update
Subscribe to the Bali Update
Receive the latest news from Bali by email!



Our [Privacy Statement] explains how we handle the data you are providing.

 
Bali News by Bali Update
Explore the Archive of the Bali Update
Find related articles in our news archive!




or try to use Google Search :

Home · Bali Hotels · Bali Villas · Bali Excursions · Bali Sports · Bali News · Site Map · RSS

Bali News: More News
For Those in the Know on Indonesian Hotels
Douglas Ramage Joins All-Star Line Up of Speakers and Panelists at Indonesian Hotel Investment Conference in Bali on June 6, 2014
(4/24/2014)
We Get Mail!
Review on the Sad State of Baliís Newly Renovated Airport Causes Many Bali Update Readers to Write
(4/20/2014)
We Get Mail!
Following Bali Updateís Editorial on Channel Seven Australia's Unfair Treatment of Bali, We Get a Record Number of Readers Emails
(4/20/2014)
Saving Baliís Starlings
Four More Bali Starlings Released to the Wilds at Sibang Breeding and Release Site
(4/20/2014)
The Fast Check Out Line is Not Working
Tiara Grocer Ignores Supreme Court Order and Continues to Operate Jalan Cokroaminoto Outlet
(4/20/2014)
Bali Property Market in Decline?
Downturn in Bali Property Business May be Short Term and Cyclical
(4/20/2014)
Paying for the Right to Work
Bali's Capital of Denpasar Gets a Windfall from $100 Per Month Foreign Worker Tax
(4/21/2014)
Providing Gifted Students a Free Education
Bali Allocates US$1.74 Million for a Trade School for Underprivileged Students
(4/21/2014)
Evil Disposition
Foreigners Working Illegally in Baliís Tourism Sector as Guides, Drivers, Dive Guides and Surfing Instructors
(4/20/2014)
Bali and Beyond Travel Fair 2014
350 Buyers Expected at Bali & Beyond Travel Fair to be held in Bali June 10-14. 2014
(4/20/2014)
Dogged till the End
Bali Quarantine Officials Euthanize 31 Dogs Seized from Animal Smugglers
(4/20/2014)
Hastie Rise to the Top
Hard Rock Hotel Bali Andrew Hastie Ė Executive Assistant Manager Food & Beverage
(4/20/2014)
All [News]!
 
Tourism and Transport Tourism Agents