Indonesian Airlines Set For Consolidation
By Leithen Francis
Singapore
Financially troubled Indonesian carrier Mandala Airlines’ move to suspend all operations indefinitely may be a precursor of similar actions by other airlines.
Indonesia has more than 20 commercial airlines, but market consolidation appears inevitable due to a new rule that is coming into effect in January 2012, which mandates that all commercial airlines have a minimum of 10 aircraft, five of ...
