Index

 16 July 2006

 
Gobel eyes ailing Bouraq airline 
JakartaPost

Indonesian businessman Rachmat Gobel has shown keen interest in taking over Bouraq airline, which has not operated since early this year due to prolonged financial problems.

Gobel, who is also the chief commissioner of PT Panasonic Gobel Indonesia, said that he was interested in buying the airline.

He said his team would first study its condition.

"Bouraq had a long history in the country's airline industry. It had a solid reputation. However, I have not made any decisions yet," he was quoted as saying by Kompas on Friday.

Gobel said the airline business in Indonesia was promising but to really tap into its business potential, an airline should be managed professionally.

Separately, Transportation Minister Hatta Rajasa said his ministry had received a request from Bouraq airline to resume operations.

According to Hatta, under the prevailing regulations, the ministry would directly revoke the license of an airline that had totally stopped its flights.

However, he added, since Buoraq's management had submitted the proposal, his ministry would give the airline a second chance.

"According to Bouraq's management, the airline will receive fresh funds, and a feasibility study on the resumption of its business activities is underway," said Hatta.

Besides Bouraq, he said, other airlines that had shut down, such as Star Air and Air Paradise, had also indicated interest in resuming their flights.

The Transportation Ministry revoked three airline's route licenses in January 2006 -- Star Air, Air Paradise and Bouraq Airlines -- because of their failure to serve their routes.

Director General of Air Transportation Mohammad Iksan Tatang said earlier the ministry would give the airline a chance to get its management in order.

Star Air and Bouraq stopped operating in July 2005 because they were unable to compete with low-cost airlines.

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