rleiro From Venezuela, joined Jan 2006, 490 posts, RR: 7 Posted (2 years 4 months 2 weeks 16 hours ago) and read 6374 times:
According to a post in Mandala Airlines website "Mandala Airlines will cease all operations from Thursday January 13th 2011, to initiate a business restructuring. No flights will operate from 06:00 (local time) and you are advised to make alternative travel arrangements with another airline".
Currently Mandala operates 17 domestic destinations and 3 international from its base in Jakarta.
macc From Austria, joined Nov 2004, 973 posts, RR: 3 Reply 1, posted (2 years 4 months 2 weeks 16 hours ago) and read 6203 times:
sad to see them leaving. they were one of the more reliable airlines back in the 90ies. though I already thought they were long out of business by now, as I havent seen them around any airport in the past few years. had a nice flight from UPG to AMQ with them...
I exchanged political frustration with sexual boredom. better spoil a girl than the world
MEA-707 From Netherlands, joined Nov 1999, 4117 posts, RR: 37 Reply 2, posted (2 years 4 months 1 week 6 days 20 hours ago) and read 5487 times:
Mandala was, together with Merpati and Bouraq, one of the three airlines which flew propliners around Indonesia til the 1990s, making Indonesia a popular destination for fans of older types of aircraft. They flew passenger Viscounts and Electra's til as late as 1993. I so wish I was around at the time to fly on these over Indonesia.
Then they replaced them with 737-200s.
They had a few crashes over the years, the 2005 737 in Medan might be a nail in the coffin for them, and maybe also the unclear positioning; they were not as forward as Air Asia and Lionair to use internet and become a full LCC while their business plan was to be a bit cheaper then Garuda on Indonesia's trunk routes.
Here a short pictural tribute.
mandala499 From Indonesia, joined Aug 2001, 6181 posts, RR: 74 Reply 8, posted (2 years 4 months 1 week 2 days 22 hours ago) and read 4017 times:
The nail in the coffin for Mandala was not the crash in 2005.
They almost went bust in 2005... then Cardig and Indigo took over.
A huge and amazing turnaround in 2007-2008.
Loads were high and the yields were amazingly high!
Poor cost control and dispute between Cardig and Indigo (who part owns Tiger, Spirit, Wizz, and Abnanova) was the killer.
Indigo wanted to keep it as an LCC.
Cardig wanted it to be a new-LCC/hybrid a la Jetstar.
The amazing loads and yields of Mandala in 2008-2009 was because of it's hybrid product... heaps of corporate customers!
With Indigo wanting to go one way and Cardig wanting to go the other way... it was a deadlock and the management could not get the investment it needed to complete the turnaround that started in 2007... as Cardig refused to invest further unless Indigo put money in... (rumors have it that Indigo never came up with more than 1/4 of the amount pledged during the takeover).
So... when the "cost freeze" pledge agreement ended in 2009... nothing was made nor could be made on this front.
Whilst the yields continue to beat all but Garuda... cash was draining like fuel down an afterburning turbojet on full reheat thrust. Eventually... the fleet shrank from 11 to 9 to 7... when it shrank to 5... the end was imminent!
Info from the inside was that the company had money to run until March. But with the Merapi volcano wreaking havoc a while back... I guess it ate the cash faster.
Quoting 6thfreedom (Reply 7): I have no doubt Mandala will be reincarnated as either...
They survived the certain death in 2005... But somehow I don't see a big chance of them pulling out of this one unless there's some miracle!
Indigo is reported to have been the stumbling block in accepting new investors to inject cash into Mandala. In 2010 there were scores lining up. But Indigo rejected them to everyone's dismay.
Qantas/Jetstar would go in on condition that Indigo be kicked out. News from inside is that Qantas/Jetstar would keep Mandala's brand for a while.
Heaps of domestic investors also got rejected.
I do begin to wonder... what's Indigo playing at? Is it so adamant that a budget LCC model would work in Indonesia (where Lion dominates)? What is wrong with the high-yielding and more sustainable hybrid model a la Mandala and Jetstar? Is it a case of "I'd rather die than being proved wrong?"
If Mandala goes the Tiger way... it'll loose whatever clientelle it has left! And I don't think the Tiger way would last long here!
The last pre-deregulation privately owned airline has died!
2010 saw the closure of Linus Air and Kartika Air... 2011 started with the last of private owned carrier dead in the first month! Not a good year! 5 years after Bouraq died... looks like Mandala has closed a significant chapter in the Indonesian airline industry... *sigh*
Conspiracists has since 2009 said that Mandala is targetted... Now that Mandala's dead... If the conspiracists are right (and they are right in some aspects) Indonesia Air Asia is next on the target list by "you know who".
Quoting MHTripple7 (Reply 6): Additionally, they were one of the few Indonesian carriers NOT banned from the EU.
Mandala was exempted from the EU ban with Garuda... the first 2 scheduled carriers to do so!
Mandala at the moment is stopping ops temporarily for restructuring. It's our Chapter 11... it's "Protection from Creditors" being approved by the courts today which has appointed an administrator to see the restructuring for the next 45 days. We'll see what happens (am not optimistic but still hopeful).
[Edited 2011-01-17 00:23:11]
When losing situational awareness, pray Cumulus Granitus isn't nearby !
Lufthansa747 From Philippines, joined May 1999, 3174 posts, RR: 47 Reply 15, posted (2 years 4 months 5 days 18 hours ago) and read 2804 times:
My friend told me not to book RI to SIN for next month. As always he was right... Then all of a sudden I saw the two A320s at LHT MNL this afternoon. Destined for Airphils (well airphilexpress for those who want to call it that...) or just prepared by LHT for another operator?
aviasian From Singapore, joined Jan 2001, 1453 posts, RR: 16 Reply 16, posted (2 years 4 months 5 days 13 hours ago) and read 2679 times:
I hope Mandala returns to the sky after what I read somewhere to be a 'restructuring' process.
Thanks Mandala499 for those poignant pictures of the crew kissing the planes ... brings a tender feeling. I hope that the staff are quickly absorbed into other airlines ... with Indonesia's economy looking buoyant, there must surely work for them in the aviation industry.
mandala499 From Indonesia, joined Aug 2001, 6181 posts, RR: 74 Reply 17, posted (2 years 4 months 5 days 10 hours ago) and read 2582 times:
KC! Long time no hear!
Well... the staff and crew have not been quickly absorbed by the other airlines. The reason being that they aren't technically jobless at the moment. Most if not all are waiting for the end of the 45-day restructuring period when it will be clearer whether or not Mandala will return to the skies again. Most have however, started sending their resumes to other airlines in case the stop becomes permanent, or, take unpaid extended leave and fly with who's willing to offer them a job during the leave. Most if not all of them prefer Mandala to operate again rather than them moving to another airline (despite the higher salaries offered by other airlines... in the hope that the pay freeze would be lifted after a successful restructuring)...
Some Captains are in Tiger on a C-to-C basis and also some FOs on Garuda's 330... the schemes were put in place before the stop and Mandala is trying to expand it to cater for larger numbers of it's crew.
When losing situational awareness, pray Cumulus Granitus isn't nearby !