The air firm posted a prolonged big debt and the debt owners rejected the delay of the debt.

Indochina Airlines also did not report on the development ensure for 2010 while the firm's only aircraft is broken without repairing and maintenance plan.

In the report, Indochina owed total over 30 billion dong to Southern Airport Corp, Northern Airport Corp, the Service Flight Corporation of Vietnam (SFC Vietnam), and the Vietnam Aviation Petroleum Company (Vinapco).

The re-licensing will be conducted after Indochina Airlines can prove full of financial capacity.

Sai Gon Giai Phong - November 11, 2009