THE red ink in the company’s financial report is a disheartening sight for Elfien Guntoro. When he was appointed as Dirgantara Indonesia CEO last August, Elfien was requested to reverse the negative trend in the national aircraft company’s finance. "My first three months should not be counted as significant," he said last Thursday.

Elfien was discouraged because, ever since he took office, Dirgantara’s losses mounted even higher. Until Septe