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.


 
UBUD WRITERS & READERS FESTIVAL
 
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
Harambee, Buana! Harambee!
Hat-trick Win for Kenyan Kennedy Kiproo Lilan on His 3rd Win of BII Maybank Bali Marathon
(9/14/2014)
Holiday of No Return
Suicide Suspected in Death of 31-Year-Old Australian at a Kuta Hotel
(9/13/2014)
Roller Coaster Effect
Bali Hindu Support a Mass Transit Rail System that Honors Local Sensitivities
(9/13/2014)
Climb Every Other Mountain
Bali's Mount Agung Closed to Hikers Until November 21, 2014
(9/13/2014)
We Have a Search Warrant!
Prosecutors Raid Bali Airport Offices Seeking Evidence in Ongoing Corruption Investigation
(9/12/2014)
Bali & Beyond Travel Fair 2015
2nd Bali and Beyond Travel Fair Returns to Bali June 10-14, 2015
(9/12/2014)
Have Lunch with Bali's Best Chefs
Bali Culinary Professionals September Lunch - a Bavarian Affair at Discovery Kartika Plaza Hotel on Saturday, September 27, 2014
(9/12/2014)
Thai-Style Hospitality Comes to Bali
Centara Hotel and Resorts Opens 14-Villa Property at Nusa Dua, Bali
(9/12/2014)
Service Included
Airport Service Charge to be Included in Cost of Domestic Tickets Traveling form Bali's Airport
(9/12/2014)
Waldorf . . . .Make it a Double
Bali to Be Home to Two Waldorf Astorias
(9/12/2014)
Monumental Exports
29.09% drop in Exported Wooden Statues from Bali in January-July 2014
(9/12/2014)
TV Dinners
CNNgo Names Six 'Must Eat' Dishes for a Balinese Holiday
(9/13/2014)
All [News]!
 
Tourism and Transport Tourism Agents