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Jakarta Post

Ticket agencies demand money from Adam Air management

Jakarta   /   Wed, June 18 2008   /  10:44 am

The Association of Indonesian Travel Agencies (PAPSI) on Tuesday filed embezzlement charges against Gustiono Kustianto, director of PT Global Transport Service (GTS). Gustiono is the former finance director of now-defunct PT Adam SkyConnection Airlines (Adam Air). PAPSI chairman Slamet Santosa Wibowo said Adam Air still owed Rp 16 billion (US$1.72 million) to more than 1,000 travel agents in Indonesia. He said this amount consisted of deposit fees paid to Adam Air, as well as refunds agents paid to passengers after the airline stopped flying in March this year. "It's a serious matter. The airline's director, Adam Aditya Suherman, ensured me the company would pay back our deposit fees and refunds because it still had some Rp 25 billion in escrow with GTS," Wibowo said. GTS, a subsidiary of Bhakti Investama, owns a 19 percent stake in Adam Air...