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 Struggles to Pay its Debts
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 Struggles to Pay its Debts

Angkasa Pura Owed at Least US$3.84 Million by Merpati Nusantara Airline


Bali News: Indonesia, Angkasa Pura, Merpati Nusantara Airline, Harry Waluyo, restructuring, Merpati debt, BUMN, State-owned enterprises
Click Image to Enlarge

(8/25/2013)

PT Angkasa Pura I has revealed that the debt owed to them for airport charges by PT Merpati Nusantara Airline has reached Rp. 38.4 billion (US$3,84 million).

 
According to Bisnis.com, the head of corporate administration for PT Angkasa Pura I, Harry Budi Waluyo, said that state-owned Merpati also has debts for aeronautic services due to a number of airports managed by Angkasa Pura I and Angkasa Pura II.
 
Waluyo told Bisnis.com, “The total debt of Merpati includes the cost of services for landing fees at various airports.”
 
Harry reported that according the finance department of Angkasa Pura I, that after reconciliation on June 30, 2012 the total debt of Merpati totals Rp. 38.4 billion.
 
Harry said Angkasa Pura I supports plans by the management of Merpati to settle its debts and restructure the company. To this end, he added, Angkasa Pura will follow all instructions issued by the Ministry of State-Owned Enterprises (BUMN) in order to resolve the financial problems of Merpati.
 
Continuing, he said Angkasa Pura was prepared to accept regular installments of its outstanding debt from Merpati or, alternatively, have the airline’s debt converted into shares.
 
“We'll just follow the rules of the BUMN Ministry, as we are both State-owned companies,” said Harry.
 
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
We Make People Wait
Lion Air Throws National Aviation into Chaos as Flights Mysteriously Cancelled and 2,000 Passengers Stranded
(2/22/2015)
Port Out, Starboard Home
Indonesia Wants to Offer Online Processing of Sailing Permits for Yachts
(2/22/2015)
Seeking Reciprocation - Fair Dinkum?
Indonesia Decides Not to Extend Visa-Free Facility to Australia
(2/22/2015)
Breezy Bali
Bali Beseiged by Heavy Winds and Rain
(2/22/2015)
Seven Star Global Luxury Awards
Trans Resort Bali to Host Gala Seven Star Global Luxury Award Ceremony On September 19, 2015
(2/22/2015)
Kidís Play
Indonesian Tourism Minister Said Tourism is a People to People Business and Unlikely to be Impacted by Australian Threats of a Boycott
(2/22/2015)
Empty Threats
Bali Governor Puts Little Stock in Australian Threats of a Tourism Boycott
(2/22/2015)
Wackrow to Whack No More
New Zealand Man Gets 5 Month Jail for Beating His Girlfriend
(2/22/2015)
Seeking Gold from Quiksilver
Quiksilver Indonesia Being Sued by its Former Licensee
(2/23/2015)
Bali Has Strong Start to 2015
Bali by the Numbers: Foreign Arrivals to Bali in January Grow 7.8%
(2/22/2015)
They Still Call Denpasar Home
Denpasar, Bali Tourism Official: No Sign Yet of an Australian Boycott
(2/22/2015)
The Serpent's Revenge
Two Workers in Denpasar, Bali Batik Factory Swept Away Down River During Torrential Rainstorm
(2/22/2015)
All [News]!