Let Dirgantara Fly Again
Due to redundancy compensations, PT Dirgantara Indonesia has been declared bankrupt. The government should help out.
September 11, 2007
THE decision of the Central Jakarta commercial court to declare aircraft manufacturer PT Dirgantara Indonesia bankrupt is not right. The company has been operating well and had good business prospects. It had contracts worth US$250 million. The organizational structure was good, and it had fewer employees than when it laid off 6,500 staff four years ago.
What Dirgantara is currently unable to do is make the redundancy compensations to its former e
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