PT Bhakti Investama, an Indonesian investment firm, acquired a 50% stake in Adam Air parent Adam Skyconnection Airlines, the Centre for Asia Pacific Aviation reported. Price was not disclosed.

Subscribe to Access this Entire Article

"Other News - 04/18/2007" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.