Close
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 · Tiger Vanishing in Thin Air
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

Tiger Vanishing in Thin Air

Tigerair Mandala Continues to Shrink and Cancel Routes


Bali News: Tiger Vanishing in Thin Air
Click Image to Enlarge

(4/15/2014)

Tigerair Mandala Airline continues to strip-off more routes and flights from its domestic network in a measure to stem mounting financial losses. Meanwhile, the Indonesian Civil Aviation Authorities are undertaking an audit of the airline's finances to determine whether the airlines is financially able to continue to operate.

This follows reports in the marketplace that Tiger Airways Holdings, who hold 40% of Tigerair Mandala’s shares, is seeking to either sell its shareholding or close the airline.

The Director General of Civil Aviation for Indonesia, Djoko Murjatmojo, has told the press that he is unclear if Tigerair Mandala has filed the required applications to close domestic routes. He added that his office was still reviewing the finances of the airline to determine its financial state of affairs. That report is expected to be in hand in June of 2014.

All Indonesian airlines are required by law to provided financial reports to the Ministry of Transportation to determine if a carrier has the wherewithal to continue safe operations.

Bisnis.com was unable to contact the spokesman for Tigerair Mandala, Lucas Suryananta, for comment on the airlines current condition. Earlier, however, Suryananta had told the newspaper that the restructuring of the Airline’s route network was purely a business decision done to remove unprofitable services.

Among the many routes closed by Tigerair Mandala were its Surabaya – Hong Kong service closed on February 10, 2014; Surabaya – Kuala Lumpur on February 11, 2014; and Jakarta – Kuala Lumpur on February 18, 2014.

Additionally, Jakarta – Pekanbaru closed on February 18, 2014; Medan – Singapore closed on February 18, 2014; Jakarta – Yogyakarta, Jakarta – Singapore and Pekanbaru – Singapore both closed on March 3, 2013.

Also closed on March 17, 2014 were Jakarta – Surabaya and Surabaya – Bangkok.

Jakarta to Hong Kong service by Tigerair Mandala stopped on April 11, 2014,

Related Articles

How Do You Dismount a Tiger?

Flying in Thin Air


© 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
Dry Brollies in Bali
Bali Weather Forecasters Predict Delayed Rains to Finally Fall in November
(10/27/2014)
In Bali Exquisite Music is Child's Play
Twice Weekly Performance of Ancient Balinese Music in Sanur Through February 1, 2015
(10/27/2014)
More is Less
More Warnings About the Disastrous Effects of Uncontrolled Growth in Bali Accommodation Sector
(10/27/2014)
Nusa Penida Conservation Fees to Increase
Klungkung Regency Plans to Increase Entrance Fees for Day Visitors to Nusa Penida by 1,070%
(10/27/2014)
A Failure to Deliver
CEO of Hotel Bali Kuta Residence Facing Trial for Fraudulent Property Deal
(10/27/2014)
Surf's Up
56-Year-Old Australian Dies While Surfing on Kuta Beach
(10/27/2014)
Keeping the Welcome Balinese
Deputy Governor Calls for More Balinese Signage at Airport and Other Key Locations
(10/27/2014)
This Place is for the Birds
Bali Bird Park Celebrates 19 Years of Operations with Special Offers and New Bird Exhibits
(10/27/2014)
Donít Look Now!
Baliís Iconic Panorama at Kintamani Vanishing Behind Illegal Buildings
(10/27/2014)
Baliís Flushed Away Success
3 of 4 Baliís Lakes Now Badly Polluted; Failure to Act Threatens Baliís Supply of Drinking Water
(10/27/2014)
Seeking Permission to Land
Malaysian Airline Flight Makes Emergency Diversion to Bali When Passenger Goes into Labor
(10/27/2014)
Murder at Bali Emerald Villas in Sanur, Bali
Long-Time Bali Resident Bob Ellis Murdered in What Police Believe was Murder-for-Hire Scheme Orchestrated by His Wife, Noor Ellis
(10/24/2014)
All [News]!