Batavia Air ceases operations
- Published: 31 Jan 2013 at 12.08
- Online news: Aviation
Indonesian domestic airline Batavia Air ceased flying Thursday after a court ruled in favour of a bankruptcy petition against it, a company spokesman said.
"Following the bankruptcy ruling, we regret to announce that Batavia Air has ceased operations starting Jan 31, 2013," Elly Simanjuntak said.
United States-based International Lease Finance Corporation filed the petition after Batavia failed to pay 4.68 million US dollars for the lease of several Airbus A330s by Dec 13 as agreed.
This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.
