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 · Someday We’ll Fly Away
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

Someday We’ll Fly Away

Mandala Airline to Take Delivery in November of Airbus A320 as Operations Recommence at Restructured Indonesian Carrier.


Bali News: Someday We’ll Fly Away
Click Image to Enlarge

(9/30/2011)

In efforts to recommence shceduled operations, Mandala Airlines is set to take delivery of an Airbus A320 in November, the first in a series of airplanes that will eventually bring the airline up to the minimum fleet size of 10 aircraft required for by the Ministry of Transportation to operate as a schedule airline in Indonesia.

Indonesian transportation law requires scheduled air carriers to have a minimum fleet of ten aircraft, five of which must be wholly owned.

Bisnis.com quotes Devis Wirawan, the investment manager of Saratoga Capital, who are taking the lead in efforts  to recapitalize the airline for a comeback, as saying they have applied to the government for an exemption for the “10 aircraft rule” which they claim cannot possibly be fulfilled before the end of 2011.

Devin, representing Saratoga as the majority shareholder in Mandala Airlines, told the press that they are still creating a business plan for the airline for the coming three years, although no decision has been made on the specific market and routes that will be used by the revitalized airline when it commences operations.

In late September Mandala Airlines, the Saratoga Group and Tiger Airways have signed an agreement on shareholdings. Saratoga own 51% of Mandala Airlines. Tiger Airways 33% and the remaining shares of the company held by former shareholders and creditors.

Related Articles

[Mandala: Poised for Flight?
 
[Requesting Take-Off Clearance]

[Saved from Extinction by a Tiger]
 
[Mandala: Seeking to Soar Again]
 
[Mandala Airlines: Cleared for Take Off?]
 


© 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
(4/20/2014)
We Get Mail!
Review on the Sad State of Bali’s Newly Renovated Airport Causes Many Bali Update Readers to Write
(4/20/2014)
We Get Mail!
Following Bali Update’s Editorial on Channel Seven Australia's Unfair Treatment of Bali, We Get a Record Number of Readers Emails
(4/20/2014)
Saving Bali’s 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 Bali’s 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 – Executive Assistant Manager Food & Beverage
(4/20/2014)
All [News]!
 
Tourism and Transport Tourism Agents