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Indonesian government may cancel AirAsia-Batavia Air deal

The government may cancel the acquisition of local airline Batavia Air by Malaysian airline, AirAsia Berhard, and its Indonesian partner, if the transaction breaches the ownership limit imposed on for

AirAsia purchases Batavia Air for $80 million in cash

JAKARTA, Indonesia - Largest budget airline in Asia, AirAsia Bhd, is purchasing Indonesian carrier Batavia Air for $80 million in cash.

Batavia Air founder may sell family-owned business if buyer is right

Batavia Air may be put up for sale by its founder, Yudiawan Tansari, as he plans to take a backseat from his illustrious career in the air travel industry, his daughter Alice Tansari told mergermarket