Jakarta (Antara Bali) -President Director of Merpati Airlines Rudy Setropurnomo said the Indonesian government has given the company's management freedom to build strategic cooperation with various parties to save the ailing company.
"The government will also help with capital to improve its performance," he said here on Sunday.
He said the management was allowed to cooperate with domestic or foreign parties to improve the airline's performance including through aircraft participation.
Rudy said that the government was serious in its efforts to save the company with its debt reaching around Rp6 trillion.
He said a team had been set up by the government to immediately swap state debts in the company into shares. (IGT)
COPYRIGHT © ANTARA News Bali 2013
"The government will also help with capital to improve its performance," he said here on Sunday.
He said the management was allowed to cooperate with domestic or foreign parties to improve the airline's performance including through aircraft participation.
Rudy said that the government was serious in its efforts to save the company with its debt reaching around Rp6 trillion.
He said a team had been set up by the government to immediately swap state debts in the company into shares. (IGT)
Editor : Masuki
COPYRIGHT © ANTARA News Bali 2013