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Jetstar looks at Mandala stake: reports

15-Feb-2011 10:25 AM

Jetstar has reportedly expressed interest in acquiring a stake in Indonesian LCC Mandala, which suspended flights in Jan-2011 due to financial problems (Reuters/Press Digest, 14-Feb-2011). Indonesia’s director general of air transport, Herry Bakti Singayuda Gumay, stated the two airlines were in talks for a possible deal.