JAKARTA. Indonesia’s largest low-cost carrier Lion Air said on Sunday it had returned a loan of Rp 526.89 million (US$40,980.92), which it used to pay ticket refunds for passengers of its delayed flights, to state-owned airport operator Angkasa Pura II (AP II). “In the minutes signed between AP II, Lion Air, the Transportation Ministry and the Airport Authority Region 1, we agreed to provide Rp 4 billion worth of loans for Lion Air to cover ‘ticket refunds’ of the passengers. It used only Rp 526.89 million of the total loans provided,” AP II president director Budi Karya Sumadi said as quoted by Antara news agency at a press conference in Jakarta on Sunday. He said it was recorded in the minutes that Lion Air was given two weeks to pay back the loan. “Not yet two weeks, they have returned the loan for the ticket refunds. The money has been transferred directly to our account today,” said Budi while showing a transfer slip from Lion Air to journalists.
Lion Air returns money borrowed from AP II
JAKARTA. Indonesia’s largest low-cost carrier Lion Air said on Sunday it had returned a loan of Rp 526.89 million (US$40,980.92), which it used to pay ticket refunds for passengers of its delayed flights, to state-owned airport operator Angkasa Pura II (AP II). “In the minutes signed between AP II, Lion Air, the Transportation Ministry and the Airport Authority Region 1, we agreed to provide Rp 4 billion worth of loans for Lion Air to cover ‘ticket refunds’ of the passengers. It used only Rp 526.89 million of the total loans provided,” AP II president director Budi Karya Sumadi said as quoted by Antara news agency at a press conference in Jakarta on Sunday. He said it was recorded in the minutes that Lion Air was given two weeks to pay back the loan. “Not yet two weeks, they have returned the loan for the ticket refunds. The money has been transferred directly to our account today,” said Budi while showing a transfer slip from Lion Air to journalists.