Misplaced Pages

QZ

Article snapshot taken from Wikipedia with creative commons attribution-sharealike license. Give it a read and then ask your questions in the chat. We can research this topic together.

PT. Metro Batavia , operating as Batavia Air , was an airline based in the Indonesian cities of Jakarta and Surabaya . Until January 31, 2013, the airline operated domestic flights to around 42 destinations and several nearby regional international destinations, and Saudi Arabia. Its main base was Soekarno-Hatta International Airport , Jakarta. Batavia Air was listed in category 1 on the Indonesian Civil Aviation Authority airline safety rating. On January 31, 2013, at 12:00 local time, Batavia Air ceased operations after the Central Jakarta Regional Court granted a bankruptcy appeal by ILFC , the international aircraft lessor, saying that the airline owed US$ 4.68 million in debts, a debt that Batavia Air failed to repay after a series of financial difficulties.

#343656

24-422: QZ may refer to: Indonesia AirAsia , a low-cost airline (IATA: QZ ; founded 1999) Quartz , a crystalline mineral (IMA: Qz ) Quartz (publication) , a business news ezine (at qz.com ; launched 2012) QZ decomposition of matrices, in linear algebra See also [ edit ] QS (disambiguation) ZQ (disambiguation) Topics referred to by

48-445: A debt that Batavia Air failed to repay after a series of financial difficulties, particularly after leasing two Airbus A330 aircraft from ILFC in 2009, which was on a six-year dry-lease agreement until 2015. Local airlines were slated to take over the entire Batavia Air route network. As of February 2013, only three airlines have acquired the routes, namely Citilink , Mandala Airlines , and Lion Air . All tickets purchased prior to

72-543: A further expansion of its foothold in Indonesia's domestic market. The acquisition was anticipated to create controversy with Indonesian authorities at the time as domestic laws in Indonesia do not permit majority ownership in local airline industry by foreign nationals. That controversy did arise within days of the announcement. At the time of the initial public announcement the Indonesian government had not granted approval for

96-581: A joint statement revealing an intention to proceed with a buy out of the airline by AirAsia Bhd for $ 80 million. The planned buy out was to be in two stages; first, AirAsia was to buy 76.95% shares in a partnership with Fersindo Nusaperkasa, its Indonesian business unit operating Indonesia AirAsia. By 2013, AirAsia was to acquire the remaining 23.05% held by other shareholders. Indonesian trade laws disallow majority ownership by foreign entities in local businesses but AirAsia through its sister company Fersindo Nusaperkasa planned to circumvent that law to develop

120-492: A separate joint venture to provide a regional pilot training centre in Indonesia. No details were provided on that new alliance when it was announced in early October 2012. On January 31, 2013, at 12:00 local time, Batavia Air ceased operations after the Central Jakarta Regional Court granted a bankruptcy appeal by IFLC , the international aircraft lessor, saying that the airline owed US$ 4.68 million in debts,

144-418: A two month suspension of flights. In January 2022, Indonesia AirAsia announced the resumption of all remaining routes that were suspended from July 2022. In April 2022, the airline again announced a terminal change at Soekarno Hatta International Airport, thereby splitting its operations between Terminal 1 for domestic flights and Terminal 3 for international flights. In February 2023, the airline announced

168-402: A wet-leased Fokker F28 aircraft from Bali Air . Batavia Air launched its first scheduled services from Jakarta to Pontianak and other routes was followed later. The airline is owned by PT Metro Batavia. Since June 2010 the airline has been taken off the list of banned carriers from flying into EU airspace, along with Indonesia AirAsia . On July 26, 2012, AirAsia and Batavia Air issued

192-629: Is different from Wikidata All article disambiguation pages All disambiguation pages Indonesia AirAsia PT Indonesia AirAsia , operating as Indonesia AirAsia , is an Indonesian low-cost airline based in Tangerang , Banten . It operates scheduled domestic and international services and is an Indonesian associate carrier of the Malaysian AirAsia . Its main base is Soekarno–Hatta International Airport in Jakarta . Indonesia AirAsia

216-552: Is in Tangerang , Banten , adjacent to Soekarno–Hatta International Airport . It has the AirAsia logo on its roof and uses natural lighting. As of 2013 over 2,000 employees work there. Prior to the building's 2013 opening, the airline's employees worked in several offices in Jakarta. They were divided between Terminal 1A of Soekarno-Hatta Airport, Soewarna, and Menara Batavia. As of June 2024 , Indonesia AirAsia flies (or has flown) to

240-967: Is listed in category 1 by the Indonesian Civil Aviation Authority for airline safety quality. The airline was established as Awair ( Air Wagon International ) in 1999 by then-President of Indonesia Abdurrahman Wahid , who was chairman of Nahdlatul Ulama , the largest Muslim organisation in Indonesia. Wahid had a 40% stake in the airline which he relinquished after being elected president of Indonesia in late October 1999. The airline started operations on 22 June 2000 with Airbus A300 , A310 and A320 aircraft, but all flights were suspended in March 2002. Awair restarted operating domestically within Indonesia as an associate of AirAsia in January 2005. On 1 December 2005, Awair changed its name to Indonesia AirAsia in line with other AirAsia branded airlines in

264-483: The 20 percent IPO in the fourth quarter of that year. A buy out of Batavia Air was announced on 26 July 2012, that was to be done in two stages; AirAsia would buy 76.95% shares from Metro Batavia in a partnership with Fersindo Nusaperkasa (Indonesia AirAsia). Following that, by 2013, AirAsia was to acquire the remaining 23.05% held by other shareholders. The acquisition of Batavia Air by AirAsia Berhad and Fersindo created some controversy with Indonesian regulators at

SECTION 10

#1733093002344

288-489: The cancellation of the planned takeover between Batavia and AirAsia was announced on October 11, 2012, a joint statement was issued announcing a plan to proceed with an alliance encompassing ground handling, distribution and inventory systems in Indonesia. The statement also announced a plan to deliver operational alliances between Batavia and the Air Asia group. Batavia and Indonesia AirAsia of which AirAsia controls 49% will form

312-539: The cessation of operations were either refunded or deferred to other airlines. The Central Jakarta Trade Court appointed four liquidators , all from local law firms, to assist in the liquidation of Batavia Air. PT Metro Batavia was the controlling entity behind Batavia Air. On 11 October 2012 and after the airline dropped merger talks with Air Asia, Batavia Air chief executive director Yudiawan Tansari stated that Batavia "will continue to seek strategic partners to develop our business”. The Batavia Air fleet consisted of

336-598: The country's first long haul low-cost carrier and was based at Ngurah Rai Airport in Denpasar, Bali . It flew its maiden flight on 30 January of that year with a flight from Denpasar to Taipei with an Airbus A330-300. On 28 June 2016, Indonesia AirAsia launched the Auto Bag Drop facility at Ngurah Rai International Airport . On 12 August 2016, AirAsia Indonesia moved its flight operations from Terminal 3 to Terminal 2 at Soekarno–Hatta International Airport in preparation of

360-619: The effects of the COVID-19 pandemic. The long haul arm later announced its permanent closure in October 2022, following restructuring plans of the AirAsia Group. In July 2021, the company announced that it will temporarily stop all flights for a month from 6 July 2021 to support the government's effort to limit a spike in COVID-19 cases. The airline later resumed operations on October 2, 2021 following

384-714: The following destinations: As of November 2024 , Indonesia AirAsia operates the following aircraft: The airline previously operated the following aircraft: Batavia Air The airline name was taken from Batavia , which is now known as Jakarta and was the capital of the Dutch East Indies until 1945 when the city was renamed Jakarta and Indonesia’s Independence from the Netherlands. The airline obtained an aviation license in 2000, established trial operations in 2001, and started operations in January 2002. Originally known as Metro Batavia, it started operations with

408-916: The opening of the main section of Terminal 3. The airline later consolidated its flight operations at Terminal 2 on 12 December 2018, following the full opening of the Garuda Indonesia-occupied Terminal 3. On 2 May 2019, Indonesia AirAsia inaugurates Lombok as its fifth operating base in Indonesia in addition to its existing bases in Soekarno–Hatta International Airport in Jakarta, Ngurah Rai International Airport in Bali, Kuala Namu International Airport in Medan and Juanda International Airport in Surabaya. In March 2020, its long haul subsidiary, Indonesia AirAsia X, ceased flights due to

432-411: The reactivation of its remaining eight parked aircraft from its fleet of 25 Airbus A320-200s, with a plan to acquire eight further Airbus A320s. Furthermore, the airline stated its intentions to resume long haul service to Japan and South Korea, as well as introduce new services to China and India with the acquisition of Airbus A330-900neo aircraft from Thai AirAsia in 2023. The airline's head office

456-584: The region. AirAsia Berhad has a 49% share in the airline, with Fersindo Nusaperkasa owning 51%. Indonesia's laws disallow majority foreign ownership on domestic civil aviation operations. The airline, along with many others in Indonesia , was previously banned from flying to the EU . However, its ban was lifted in July 2010, together with Batavia Air . In 2011, the company appointed CIMB Securities Indonesia and Credit Suisse Securities Indonesia as joint-lead underwriters for

480-401: The same term [REDACTED] This disambiguation page lists articles associated with the title QZ . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=QZ&oldid=1169981594 " Category : Disambiguation pages Hidden categories: Short description

504-427: The takeover by AirAsia Berhard and Fersindo Nusaperkasa (Indonesia AirAsia). The share sale agreement signed in July outlined a commitment by AirAsia to buy a 49% stake of Batavia while its local partner, Fersindo Nusaperkasa (Indonesia Air Asia), was to acquire the majority 51%. By 11 October 2012, the deal between AirAsia Berhard and Fersindo Nusaperkasa (Indonesia AirAsia) and PT Metro Batavia fell through. When

SECTION 20

#1733093002344

528-403: The time, concerned that Batavia would be majority-owned by a non-Indonesian entity. By 11 October 2012 the deal between AirAsia Berhad, Fersindo Nusaperkasa (Indonesia AirAsia) and PT Metro Batavia had been dropped, citing high risks associated with the ailing airline. When the cancellation of the planned takeover between Batavia and AirAsia was announced on 11 October 2012, a joint statement

552-402: Was announced in early October 2012. On 15 February 2012, the airline confirmed that it no longer had intentions to buy Batavia Air, following PT Metro Batavia's bankruptcy announcement on 30 January 2012. In January 2015, the airline launched a long haul subsidiary named Indonesia AirAsia X, in a joint venture with its Malaysian counterpart, AirAsia X. The Indonesia AirAsia subsidiary became

576-437: Was issued announcing a plan to proceed with an alliance encompassing ground handling, distribution and inventory systems in Indonesia. The statement also announced a plan to deliver operational alliances between Batavia and the AirAsia group. Batavia and Indonesia AirAsia announced a plan to form a separate joint venture to provide a regional pilot training centre in Indonesia. No details were provided on that new alliance when it

#343656