PT Mandala Airlines, which was later known by the name Tigerair Mandala, was declared bankrupt on February 9, 2015. The Airline’s insolvency process, however, was halted because of a feud that happened between its shareholders, board of directors, and board of commissioners. The situation was made worse with the fact that the team of curators was not able to find assets that could help the Airline pay its debts. To subscribe please click here