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値l 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
Jln. By Pass Ida Bagus Mantra,
Jln. Pucuk 1 No. 70X
Denpasar, Bali
Indonesia

24h:
+62 (0)812 3819724
Tel:
+62 (0)361 464 032, +62 (0)361 471 0242

Bali Discovery

SITE PATA ASITA
Bali News

Someday We値l Fly Away

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


Bali News: Mandala Airlines, Indonesia, Saratoga Group, Tiger Airways, Devis Wirawan, Airbus A320
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
Support Bali痴 Culture
Bale Banjar Culture Club Featuring Bali-Based Author Diana Darling on Sunday, June 10, 2018
(5/21/2018)
And Never the Twain Shall Meet
船ebussy, Between East and West Concert Was Not at Advertised, But a Memorable Musical Evening by Any Measure
(5/20/2018)
Welcoming the World Cup with Song
Bali Community Choir to Appear at World Cup Celebration at Warung Mina in Kerobokan on Saturday, June 2, 2018
(5/20/2018)
Dining and Drinking Unequalled on Bali痴 Kuta Beach
Unbeatable Quality and Value for Money at 全eafood Martini Friday Every Week at Sheraton Bali Kuta Resort Poolside
(5/20/2018)
The Bad News is the Good News
Bali by the Numbers: Q1 2018 Arrival Figures Show Bali Tourist Arrivals Back on Track After Temporary Setback Caused by Mount Agung
(5/20/2018)
Sad Adieu to Bamboo
Fire Destroys Major Bamboo Furniture Factory in Kusamba, Bali
(5/20/2018)
In the Event of a Water Landing
Four Young Misbehaving Passengers on Semarang to Bali NAM Air Flight Returned to Base
(5/20/2018)
Beyond Bali to Timor Leste
Timor Leste Wants Bali to Become Gateway for Tourism and Training Center for 1st New Sovereign State of 21st Century
(5/20/2018)
The Indian Market is Calling
撤acto Goes to India 2018 Travel Trade Show to the World痴 2nd Largest Nation
(5/20/2018)
Ocha for Ni and Tea for Two
Sakura Tea Ceremony and Sumo Wrestling Event at Hotel Nikko Bali Benoa Beach on June 10, 2018
(5/20/2018)
In Dire Straits
No Casualties Reported as Bali-East Java Car and Passenger Ferry Burns
(5/20/2018)
Get Under It!
New Underpass at Entrance to Bali痴 Airport to Open in August 2018
(5/20/2018)
All [News]!