Indonesia encourages airline mergers

admin
By admin February 18, 2015 20:46

Indonesia encourages airline mergers

Indonesia plans to compel commercial carriers operating fewer than five aircraft to participate in mergers by March 2017 in an attempt to better monitor the aviation industry. Each merger needs to create an airline with at least five aircraft.

The policy affects Aviastar Indonesia and Air Regional, each of which flies three airplanes, and Linus Airways, which operates two. It also covers cargo carriers Cardig and Manunggal Air Service, Republic Express Airlines and Auvia Air. Charter carrier, Sabang Merauke Raya Air Charter, is also affected.

The Ministry aims to reduce the number of commercial carriers operating in the country from the current 42 to 38.

admin
By admin February 18, 2015 20:46