Lion Air escapes two bankruptcy lawsuits

The Central Jakarta District Court ruled Mentari Airlines or Lion Air Group out of bankruptcy. The claims were filed by two petitioners, Budi Santoso and Rolas Budiman, regarding debt postponements. "We welcome the court's decision," Lion Air Corporate Communications Strategic officer Danang Mandala Prihantoro said. In their decision, the Panel of Judges at the Central Jakarta District Court rejected the plaintiffs' charges. "In this case, Lion Air has completed its obligations to the applicants and other creditors by entrusting it to the Central Jakarta District Court," said Danang.

November 20 2020, Tempo - Read 9 times

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