Friday, August 29, 2014   

Budget carrier Mandala to cease operations
(06-18 19:28)

Loss-making Indonesian budget carrier PT Mandala Airlines will cease operations from July 1, its key shareholder Singapore-based Tigerair said.
Tigerair said it and other key shareholders had ''vigorously explored various options in recent months'' to keep the airline flying but concluded that this would not be sustainable
''As a result, they have decided to cease funding the airline,'' Tigerair said in a statement.
Mandala flies mostly domestic routes as well as a few international hops, including from the Indonesian city of Medan to Singapore.
Affected customers will be offered different flights or ticket refunds.--AFP
   
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