Merpati Airlines jet fuel supply cut

Dino D'Amore
By Dino D'Amore October 24, 2013 14:31

Merpati Airlines jet fuel supply cut

State energy company, Pertamina, has cut off the jet-fuel supply to Merpati Nusantara Airlines in Jakarta, Bandung, West Java, and Palemban, South Sumatra, Yogyakarta and Semarang, Central Java due to unpaid debt.

Merpati’s outstanding debt to Pertamina had reached Rp 120 billion ($1.07 million), exceeding the maximum debt limit of Rp 100 billion agreed between the two companies.

The airline also owes Rp 6 trillion to the government, aircraft lessors as well as companies that support its operations such as Pertamina and airport operators Angkasa Pura I and Angkasa Pura II. It also owes money to state asset management company PPA.

Dino D'Amore
By Dino D'Amore October 24, 2013 14:31
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