JAKARTA Jan 12 Indonesia's PT Mandala
Airlines, a national budget carrier, will suspend flights
from Wednesday as the company struggles with debt problems,
President Director Diono Nurjadin told a news conference.
"We think this is the best step to guard the future
prospects of Mandala," he said. "Starting tomorrow we will
stop operations temporarily to be able to focus on
restructuring the company."
He said the company had asked the commercial court to
delay debt recovery action against the airline, also saying
that Mandala had received interest from buyers for a stake.
(Reporting by Aditya Sukarmoto; Writing by David Fox; Editing
by Neil Chatterjee)