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Category Archives: Mandala Airlines

Mandala Airlines to be shut down on July 1, Tigerair pulls the funding

Tigerair Group (Singapore), which controls 35.8 percent of the Mandala Airlines (Tigerair Mandala) stock, has decided to stop funding the loss-making Indonesian carrier. The company issued this statement:

PT Mandala Airlines deeply regrets to inform customers that its airline (operating under the brand-name of  Tigerair Mandala) will cease operations from July 1, 2014.

Customers who hold a flight booking with flight designator “RI” should note the following:

All Mandala flights from now to June 30, 2014 will operate as scheduled.

The last flight to be operated will be RI 545 on July 1, 2014, HKG-DPS departure time 0235.

All other flights operated by Mandala on July 1, 2014 and thereafter will be cancelled.

As a gesture of goodwill, the Tigerair Group will assist all affected customers with either a flight transfer to a TR flight if seats are available, or a refund for tickets booked for travel on July 1 or thereafter. Tigerair has no legal obligation or responsibility to do so. All legal obligations and responsibilities still rest with Mandala.

The Board and staff of Mandala wish to thank all customers for their support and sincerely apologize for any inconvenience caused.

Mandala Airlines originally started operations in February 1970 and was resurrected on April 5, 2012 under the assistance of Tigerair (Singapore).

Read the full report from Bloomberg Businessweek: CLICK HERE

Copyright Photo: Richard Vandervord/AirlinersGallery.com. Mandala Airlines’ Airbus A320-232 PK-RMP (msn 5073) with the Tigerair tail arrives at Bangkok.

Tigerair Mandala: AG Slide Show

Tigerair (Singapore): AG Slide Show

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How long will Tigerair continue to invest in Mandala Airlines?

Mandala Airlines (Tiger Airways Indonesia) (Jakarta) continues to lose money. As we previously reported, the airline was resurrected on April 5, 2012 as a joint venture between Tigerair (Singapore) (49%) and Saratoga Capital (51%) under the Tigerair brand. According to this report by Jakarta Post, Saratoga will continue to support the Indonesian carrier. There are unconfirmed reports that Tigerair will leave the joint venture.

Mandala suspended nine routes last month as it tries to cut its losses. The airline blamed high fuel costs.

Read the full report: CLICK HERE

Copyright Photo: Michael B. Ing/AirlinersGallery.com. Airbus A320-232 PK-RMQ (msn 5335) approaches the runway at Bangkok. Under the joint venture, Mandala removed its very colorful Mandala logo on the tail and instead adopted Tiger stripes on the tail. It is still operating under the Mandala name but under the Tigerair low-fare business plan.

Mandala Airlines: AG Slide Show

Current Tigerair routes:

Tigerair 3.2014 Route Map

Mandala Airlines to acquire 18 additional Airbus A320s

Mandala Airlines (Tiger Airways Indonesia) (Jakarta) intends to acquire 18 additional Airbus A320s by 2014 according to its major stockholder and Today.

Read the full report by Today: CLICK HERE

Copyright Photo: Michael B. Ing. Airbus A320-232 PK-RMP (msn 5073) arrives at Bangkok.

Mandala Airlines:

AG Slide Show

Route Map:

Mandala logo-2

 

Mandala 4:2013 Route Map

Mandala Airlines to relaunch operations on April 5 under the Tiger Airways brand and investment

Mandala Airlines (Jakarta) which suspended operations on January 13, 2011 due to financial issues, has a new look and a new investor – Tiger Airways (Singapore). Tiger Airways now controls 33 percent of Mandala’s stock. Operations will be relaunched under the Tiger Airways brand on April 5. The initial route will be from Jakarta to Medan.

Read the full report from AFP: CLICK HERE

Copyright Photo: Gerd Beilfuss. The intricate Mandala brand is now history, replaced with Tiger stripes.

Mandala Airlines to relaunch operations in April as Tiger Airways Indonesia

Mandala Airlines (Jakarta) reactivated its AOC last month after Tiger Airways (Singapore) completed its acquisition of the 33 percent of the stock in January. Tiger has already leased Mandala two Airbus A320s. Operations will restart as Tiger Airways Indonesia in April 2012 according to this report by Reuters.

Mandala suspended operations on January 13, 2011.

Read the full report: CLICK HERE

Copyright Photo: John Adlard. The colorful Mandala name and brand will be retired.

Tiger Airways to take a one third interest in the new Mandala Airlines to get it airborne again

Tiger Airways (Singapore) has finalized its acquisition of a 33 percent share in the grounded Mandala Airlines (Jakarta), becoming the second largest shareholder after the Saratoga Group (51.3 percent). The creditors and previous owners will hold the remaining 15.7 percent share.

Mandala will resume operations this year under the Tiger Airways low-cost model according to this article by The Economic Times.

Read the full article: CLICK HERE

Copyright Photo: John Adlard. This intricate Mandala design will fade into aviation history as the renewed carrier will also adopt the Tiger Airways brand.

Mandala Airlines is given an extension until April to regain its AOC and resume operations

Mandala Airlines’ (Jakarta) new investors have been given an extension until April 2012 to obtain its AOC so it can resume scheduled operations according to this article by Bali Discovery Tours.

Read the full article: CLICK HERE

Copyright Photo: John Adlard. Please click on the photo for additional information on the airline.

Mandala Airlines restructures as a Tiger Airways company, will relaunch operations as a LCC

Mandala Airlines (Jakarta) previously suspended scheduled operations on January 13, 2011. In May 2011, Tiger Airways Holdings (Singapore) and Saratoga Investama, an Indonesian strategic investment company owned by Sandiaga Uno, announced plans in a filing in the Singapore Stock Exchange to relaunch the airline. The deal was signed and approved on September 24.

Saratoga own controls 51 percent of the stock, followed by Tiger Airway’ 33 percent, with the remaining 16 percent owned by the airline’s existing shareholders and the creditors through a debt-to-equity agreement.

Mandala will relaunch operations within 90 days using the Tiger Airways LCC model using Airbus A320 aircraft.

Read the full report from The Jakarta Post: CLICK HERE

Mandala Slide Show: CLICK HERE

Copyright Photo: John Adlard. Please click on the photo for information on the reborn airline.

Mandala Airlines hopes to be flying again before the end of the year

Mandala Airlines (Jakarta) was acquired by the Saratoga Group (51%) and Tiger Airways (Singapore) (33%) in May. The grounded airline hopes to be airborne again before the end of the year under the new ownership group. The new Mandala will operate under the Tiger business plan using Airbus A320s. It is unclear if the Mandala brand will be retained or whether Mandala will adopt the Tiger brand which is currently taking a beating in Australia market due to the grounding by CASA.

Read the full story for the Jakarta Post: CLICK HERE

Copyright Photo: John Adlard. Please click on the photo for additional details.

Tiger Airways will help to revive Mandala Airlines

Tiger Airways (Singapore) will partner with investment firm Saratoga Capital to revive defunct and grounded Mandala Airlines.

Read the full story from the Jakarta Globe: CLICK HERE

Copyright Photo: John Adlard. Please click on the photo for additional background details.

Mandala Airlines suspends all operations today

Mandala Airlines (Jakarta) suspended all operations today (January 13, 2011) as the company attempts to reorganize.

Copyright Photo: John Adlard. Please click on the photo for additional information.

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