Wednesday, February 21, 2007

Lion overtakes Garuda in domestic market

As government is yet to make up its mind on what to do with the ailing flag carrier Garuda Indonesia that put the company on the verge of another default on debts payment, Lion Air has, for the first time, overtaken Garuda's dominance in domestic market. Poor eagle!

Four years ago, Lion Air announced its plan to be the number one in domestic market by 2004. It failed in 2004. But the latest figures shown Lion has overtaken Garuda as the largest carrier in domestic market.



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