Indonesia grounds Adam Air; may be permanently shut down in three months
Tuesday, March 18, 2008 This B737-400 is roughly comparable to the aircraft involved in all the accidents and incidents mentioned in this story. Indonesia has suspended the operating license of PT Adam Skyconnection Airlines, who trade as Adam Air, over safety concerns. The airline has recently suffered safety problems and financial difficulty. Formed in 2003, Adam Air hit financial crisis on Monday when two major shareholders, investment companies who control 50% of the airline, announcedContinue reading