14-Jan-2011 8:00 PM
Mandala Airlines suspends service, applies for time to restructure. Indigo Partners 49% owners
Analysis
All Of Indonesian LCC, Mandala Airlines' flights were suspended effective 13-Jan-2011. Mandala yesterday announced it had requested "suspension of payment obligation to the Commercial Court allowing its management to restructure the business and to restore the airline to profitability".
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