INDONESIA’S Mandala Airlines, which suspended operations last January due to financial difficulties, may take to the skies again in April if it regains its Air Operator Certificate (AOC).
The Indonesian Ministry of Transportation spokesperson, Bambang S Ervan, had told Bisnis Indonesia that there were plans to “hand over the AOC to Mandala in the second week of February”.
Mandala Airlines’ major shareholder, Saratoga Capital Investment manager, Devin Wirawan, said the airline was ready to begin operations.
“We have two Airbus 320 ready for delivery as soon as the AOC is issued,” he said.
He added that the airline would comply with the government regulation that requires the company to operate 10 aircraft, five of which must be owned.
Mandala Airlines was brought back to financial health after Saratoga Group and Tiger Airways bought 51.3 per cent and 33 per cent of the airline’s stake.
