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Aircraft and airlines. Bankruptcy hits Indonesia's Batavia Air
Jakarta, Indonesia - In October last year Air Asia renounced to acquire the carrier
On Thursday 31 January 2012 the Indonesian company Batavia Air ceased its operations since Agus Iskandar, presiding judge at the Jakarta Commercial Court, declared its bankruptcy, approving the petition filed by the aircraft leasing company US' International Lease Finance Corporation (ILFC), relative to a 4.7-million-dollar debt that was due December 13, relative to the purchase of two Airbus A-330s...
AVIONEWS - World Aeronautical Press Agency - 1149373
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency