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 · Formation Flying
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

Formation Flying

Indonesian President Yudhoyono Wants AirAsia Acquisition of Batavia Air Done Strictly by the Rules


Bali News: Indonesia, AirAsia Indonesia, AirAsia Berhad, Batavia Air, Ministry of Transportation, Susilo Bambang Yudhoyono, majority ownership
Click Image to Enlarge

(8/5/2012)

Indonesian president Susilo Bambang Yudhoyono has issued a statement declaring that the acquisition of Indonesian air carrier Batavia Air by AirAsia be done in strict compliance with the Aviation Law No. 1 of 2009 that mandates a 51% share for any Indonesian air carrier must be held by Indonesian interests.

Bisnis.com reports that said that the entire acquisition of Batavia Air would be reviewed with final approval of the transaction resting solely with the Minister of Transportation.

President Yudhoyono said: “”I have checked and it appears that the matter has yet to be presented to the Minister of Transportation. As a matter of fact, the acquisition of Batavia Air by Air Asia must follow a set process in accordance with Law No. 1 of 2008. If there is cooperation, the majority share must be owned domestically.”

Saying he seeks cooperation that is profitable and acceptable to all parties, the President underlined that final and full and final approval of the approval rests with the Minister of Transportation.

Related Article

[AirAsia Seeking to Purchase Batavia Air]


© 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
The End is Near
Chan and Sukumaran, Together with 7 Other Slated for Execution in Central During Last Week of April
(4/26/2015)
The Balinese Body Electric
7th International Body Music Festival (IBMF) in Bali, Indonesia July 3-12, 2015
(4/26/2015)
Jakarta Abandons a Lost Cause?
Tanah Ampo Cruise Terminal Now Under Regency Control
(4/26/2015)
Keeping Rabies on the Run
Bali to Vaccinate 400,000 dogs in 2015 at a Cost of US$692,000
(4/26/2015)
Balinese Voices: The Development of Tourism
Editorial: Bali Tourism Development Must be Evaluated
(4/26/2015)
Northern Light and Power in Bali
Celukan Power Plant to Commence Operations by August/September 2015
(4/26/2015)
Holiday Sadly Interrupted
Australian Dies of Apparent Heart Attack at Legian Hotel
(4/26/2015)
Laid Back Dining Comes to Seminyak
Mozaic Brasserie – Something Very New Under Seminyak’s Setting Sun
(4/26/2015)
Surging Numbers But Still Hungry for More Arrivals
Bali By the Numbers: Q1 2015 Arrivals up 14.04%. Bali on Track to Achieve 4.3 million Tourist Arrivals in 2015
(4/26/2015)
Reduce, Reuse and Recycle
Bali Safari and Marine Park: Speaking Up for Mother Earth
(4/26/2015)
Happy Landings and Takeoffs
Bali’s Airport Cited Among the World’s Best
(4/26/2015)
A Three-Penny Opera
Young U.S. Couple Convicted of Murder in Bali Receive Prison Sentences of 10 and 18 Years
(4/26/2015)
All [News]!