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AGO names Sriwijaya Air cofounder as PT Timah graft suspect - Politics

AGO names Sriwijaya Air cofounder as PT Timah graft suspect - Politics
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Indonesia's Sriwijaya flew old planes and neglected routes to become No.3 carrier


4 Min Read
SYDNEY/JAKARTA (Reuters) - Starting with just one plane in 2003, Indonesia’s Sriwijaya Air has become the country’s No.3 airline group, aided by its strategy of acquiring old planes at cheap prices and serving routes neglected by competitors. The mid-market airline, which has few international flights, was thrust into the spotlight this week when a nearly 27-year old Boeing Co 737-500 crashed into the Java Sea on Saturday with 62 people on board.
FILE PHOTO: A Sriwijaya Air plane loads passengers at Denpassar international airport in Bali March 23, 2017. REUTERS/Thomas White
Brothers Chandra and Hendry Lie, whose family was involved in tin mining and the garment industry, and their business partners launched Sriwijaya 17 years ago with a single plane that flew from their hometown of Pangkal Pinang on Bangka Island to Indonesia’s capital Jakarta. ....

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Inside Sriwijaya Air's legacy of old planes and neglected routes


Inside Sriwijaya Air’s legacy of old planes and neglected routes
By Reuters
By Jamie Freed and Agustinus Beo Da Costa
SYDNEY/JAKARTA - Starting with just one plane in 2003, Indonesia s Sriwijaya Air has become the country s No.3 airline group, aided by its strategy of acquiring old planes at cheap prices and serving routes neglected by competitors.
The mid-market airline, which has few international flights, was thrust into the spotlight this week when a nearly 27-year-old Boeing Co 737-500 crashed into the Java Sea on Saturday with 62 people on board.
Brothers Chandra and Hendry Lie, whose family was involved in tin mining and the garment industry, and their business partners launched Sriwijaya 17 years ago with a single plane that flew from their hometown of Pangkal Pinang on Bangka Island to Indonesia s capital Jakarta. ....

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Indonesia's Sriwijaya flew old planes, neglected routes to become number three


2:19 PM MYT
SYDNEY/JAKARTA (Reuters): Starting with just one plane in 2003, Indonesia s Sriwijaya Air has become the country s No 3 airline group, aided by its strategy of acquiring old planes at cheap prices and serving routes neglected by competitors.
The mid-market airline, which has few international flights, was thrust into the spotlight this week when a nearly 27-year old Boeing Co 737-500 crashed into the Java Sea on Saturday (Jan 9) with 62 people on board.
Brothers Chandra and Hendry Lie, whose family was involved in tin mining and the garment industry, and their business partners launched Sriwijaya 17 years ago with a single plane that flew from their hometown of Pangkal Pinang on Bangka Island to Indonesia s capital Jakarta. ....

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