Weekly Business
Wednesday, January 19, 2011
AIRLINES
Mandala Stops Flying
PT Mandala Airlines ceased operations effective Wednesday of last week. According to CEO of Mandala, Diono Nurjadin, the decision had to be taken because the company was deeply mired in debt. "This is the best measure," he said in Jakarta, on Tuesday of last week. The news was extremely shocking because the airline was fond of expanding. In addition to plying domestic flight routes such as Jakarta, Sumatra, and Kalimanta
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