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Operating licenses expired; Garuda cancels purchase of airlines
Garuda Indonesia has abandoned plans to acquire either Linus Airways or Star Air following the formal revocation on July 26, 2009, of the operating licenses of the two air carriers by the Indonesian Department of Civil Aviation.
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Yerun
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How ironic; an Indonesian company suffers from the slowness of an Indonesian company in general. Since the landing rights are now in the hands of the government, Garuda might just be able to pick them up, but I assume that will be an even longer process than buying an entire defunct airline.


Ho Lee Fuk


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