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Jakarta Post

Troubled Adam Air loses operating rights

Jakarta   /   Wed, March 19 2008   /  12:21 am

The financial troubles of PT Adam Skyconnection Airlines (Adam Air) climaxed Tuesday with airline regulators revoking the company's operating certificate as of Wednesday. "With this I revoke Adam Air's operating certificate. Adam Air is no longer allowed to operate its planes," the Transportation Ministry's director general for air transportation, Budhi Mulyawan Suyitno, said at a press conference in Jakarta. According to regulations, the company now has three months to address its internal problems before its Aircraft Operator Certificate is permanently revoked. Responding to the decision, Adam Air president director Adam Aditya Suherman said the airline was working to address its financial problems. He also confirmed that all operations had been shut down as of Tuesday morning. "Our employees are deeply demoralized now. So, I suppose, this decis...