In 2 Years, 2 Airlines Was Wrecked
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Too bad to be true, Batavia Air which was established in the beginning 2002 was punished bankcrupt by the court business administration due to the dept which burdened company's financial. Whereas before it was declared bankrupt, the company was about to be acquired by Air Asia Indonesia yet the deal was canceled due to some reasons specially in debt burden.
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It was very unfortunately, when the passengers of airline in indonesia is growing up due to economic development the two airlines was bankcrupt instead, it was like anomaly. Indonesia which is currently one of the leading growing middle-class in the world with economic growing keeps steadily more than 6% emerged as one of fastest economic growing among G-20 countries.
In other hand, there are new players which is trying to catch the lucrative market of Indonesia, the local layer such as Mandala air which is collaborated with Tiger Airways of singapore, Indonesia Air, and also Sky Aviation and etc. So, are you the next player to enter Indonesia lucrative market?
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