Smaller airlines in Indonesia feel the squeeze

businesstimes.com.sg

[JAKARTA] Indonesia's economic boom should be a bonanza for airlines clamouring for a slice of the world's fourth-most populous country. But the bankruptcy of its No 4 airline, Batavia Air, shows how smaller operators are finding it hard to survive.

Batavia became the second budget carrier to run into debt problems in Indonesia in the past two years - a victim of the extremely tight operating margins that exist in what is a crowded market.

And more are likely to go bust.

Read full story: businesstimes.com.sg

Posted: 10 Feb 2013 21:25:42

  
  

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