Indonesia's Batavia Air ceases operations | Bangkok Post: news

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Batavia Air ceases operations

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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.

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