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Jakarta Post

Batavia Air airplanes to be repossessed

Jakarta   /   Wed, May 30 2012   /  09:50 am

Domestic carrier Batavia Air is struggling to pay back overdue for leased planes and will soon return two of its airplanes upon the lessor’s request, the Transportation Ministry has revealed.

The ministry’s director general for air transportation, Herry Bhakti Gumay, told The Jakarta Post on Tuesday that he had received a notice from the lessor on the plan to repossess the planes. He refused to identify the company.

“The lessor has informed us that they plan to take two B737 series operated by the airline company,” Herry said.

He said that if Batavia Air could not settle its financial obligations immediately, the two jets would be repossessed and it would impact its operations.

“We hope both parties can settle the problem immediately and find the best solution to the benefit of both,” he said.

Contacted separately, Batavia Air spokesperson E...