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fishgibbon
28th Aug 2002, 14:32
Anyone know what this small indonesian carrier is doing nowadays? Has it still got any planes? Or has it disappeared?

PK-KAR
1st Sep 2002, 09:37
Here's the story of Jatayu... almost went under a few times...

1. They started with 1 732 doing CGK-JOG-DPS, but they didn't have enough money to build the market in competition to Garuda (who didn't even have to lower the price).... so it got into financial difficulties... then...

2. A new owner took over and shut the airline down for a few weeks...

3. The new owner repositioned the airline to be based in Medan... and struggled to compete as the price war started...

4. The airline had a capital injection into it, and leased a 722...

5. They realised they've been conned on the 1st 722 when they got the 2nd one, and the 722 couldn't fly to smaller fields...

6. Now they have 3 732s to augment the 722s and has managed to stay on to the market...

There you go... the Jatayu story

john_tullamarine
1st Sep 2002, 13:29
ah .. Captains Supri, Tony, and Djoko ... and the other guys as well .... hope it all works out for you chaps ...

Do send me an email from time to time to keep us up to date on your progress on the line ....

fantom
1st Sep 2002, 20:55
hello jerry.......hajj soon, speak to you then!