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 · Government Fires Merpati Nusantara CEO
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

Government Fires Merpati Nusantara CEO

Rudy Setyopurnomo Fired After One Year as CEO By Financially-Troubled Merpati Nusantara Airline


Bali News: Indonesia, Merpati Nusantara Airline, Dahlan Iskan, BUMN, State Owned Enterprises, PPA, Pertamina, Angkasa Pura, Rudy Setyopurnomo, Captain Asep Ekanugraha
Click Image to Enlarge

(8/5/2013)

Rudy Setyopurnomo, recently dismissed as CEO of state-owned PT Merpati Nusantara Airlines, has told the State News Agency Antara that he has accepted his dismissal and will no longer dedicate his energies to the air carrier.
 
“I accept the decision of the shareholders. If, indeed, Mr. Dahlan (the Minister of State Owned Companies) has decided this, so be it, I accept the decision,” said Setyopurnomo.
 
He told the press that the change in directors at the airline that has left him jobless is not a major matter. He was formally advised of his dismissal on Monday, July 29, 2013.
 
Rudy Setyopurnomo was appointed to head Merpati on May 11, 2012, a position he held for slightly more than one year before being fired.
 
The decision by the Minister of State Owned Enterprises (BUMN) replaced Rudy with Captain Asep Ekanugraha. 
 
Rudy said he hoped the change in management at Merpati would take place in a peaceful atmosphere. “I want things to go smoothly, there should be no fuss,” said the former CEO.
 
Setyopurnomo, accepting his retrenchment, said it was time for younger people to take control of the Airline.
 
“I have passed on my knowledge and good example to the employees of Merpati so they can run the company in the future,” said Rudy. 
 
Separately, the BUMN Minister Dahlan Iskan announced that the dismissal of Rudy Setyopurnomo as the CEO of Merpati was the result of joint decision reached in a meeting between the government and the PT Perusahaan Pengelola Aset (PPA-Asset Management Agency). 
 
Iskan said that based on the recommendation of PPA, who is in charge of the airline’s restructuring, he signed the termination notification for Rudy Setyopurnomo.
 
“Whoever is the CEO of Merpati doesn't matter,” said Dahlan. “What’s important is the restructuring, sothe Company’s debt can be accomplished.
 
When addressing the airline’s debt, Dahlan said he favored an approach of converting debt to equity. 
 
Current calculations put Merpati’s debt to several companies at Rp. 6.5 trillion (US$650 million). Among the companies owed money by Merpati are PT Pertamina (fuel), PT Angkasa Pura I and II (airport fees) and PT PPA.
 
Merpati also has subsidiary loan agreements in place to the government, plus other debts due to airplane lessors.
 
“I have just learned that Merpati’s debts have reached Rp. 6.5 trillion, in fact, a short time ago the debt was only Rp. 6 trillion,” said Dahlan.
 
Related Articles
 
 
 
 


© 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
Bike, Run and Swim in Bali
Herbalife Bali International Triathlon – a Race for the Soul on Sunday, October 25, 2015
(3/29/2015)
Meet in Bali
9th Edition of the Bali Meeting Guide to be Published in September 2015
(3/29/2015)
Fragrant Wine for the Fragrant Harbor
Hatten Wines’ Pino de Bali Fortified Wines Served at the Peninsula Hotel Hong Kong
(3/29/2015)
Admission Tickets on the Increase
Admission Charges to Increase at South Bali Public Tourist Attraction on January 1, 2016
(3/29/2015)
When People Leave their Manners at Home
Editorial: Confusion, Conflicting Rules and Bad Manners Surround Plans to Limit Beer Sales Commencing April 16, 2015
(3/29/2015)
Conrad Living Lobby Art Exhibition
The World of Indonesian Puppetry in an Exhibition by I Ketut Sudiana in the Lobby of The Conrad Bali Resort and Spa April 3- June 30, 2015
(3/29/2015)
Going with the Grain
Klungkung Regency in Bali to Develop Sea Salt Production as a Tourist Attraction
(3/29/2015)
Fruit from the Tree of Good and Evil
Falling Durian Kills Second Man in Bali in a Single Season
(3/29/2015)
Safety Ranking for Indonesian Airlines
Transportation Ministry to Give Safety Ranking to Indonesian Airlines and Enforce Minimum Air Fleet Size of 10 Planes
(3/29/2015)
We Only Have Eye for You!
Immigration Introducing New Electronic Tracking Systems to Keep Track of Foreign Visitors
(3/29/2015)
Indonesia’s Waterloo?
Tourist Minister Says Dirty Public Toilets Make Indonesian Non-Competitive in Attracting Visitors
(3/29/2015)
Missing at Sea
Domestic Tourist Drowns at Tanah Lot
(3/29/2015)
All [News]!