Asia/Pacific

CALC takes stake in Indonesian carrier TAM

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CALC takes stake in Indonesian carrier TAM

CALC has acquired a 35.68% equity stake in an  Indonesian airline operating company, PT TransNusa Aviation Mandiri (TAM) $U28 million,, through a subscription agreement with Aviation Synergy. In statement CALC said this is a significant move for the firm as it to expanded its downstream footprint a...

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