Grim news: Indonesian National Transportation Safety Board chief Tatang Kurniadi confirming that flight QZ8501 from Surabaya, Indonesia to Singapore had lost contact with air traffic control after it requested to ascend to a higher altitude to avoid bad weather.
Petaling Jaya: AirAsia, which has been operating in Indonesia for more than 10 years, is 49% owned by Malaysia-listed AirAsia Bhd and the remaining stake is held by an Indonesian company that has three individuals as its shareholders.
According to industry officials, they are Pin Harris with 20%, Senjaya Wijaya with 21% and privately held entity PT Fersindo Nusaperkasa with 10%.
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