Low cost Indonesian airline Adam Air to be shut down

Jakarta: Indonesian low-cost carrier Adam Air will no longer be allowed to fly, Indonesian officials said on Tuesday, citing concerns over safety.

The director general for air transportation, Budhi Mulyawan Suyitno said the airline's operating license was being revoked starting Wednesday because safety procedures had been ignored. He added that the airline's pilot training program was inadequate.

The carrier suffered a string of accidents last year and is facing bankruptcy after two if its largest shareholders announced that they would be pulling out of the company.

All 102 passengers died when an Adam Air plane plunged into the sea in 2007, while another broke in half on a hard landing. In the most recent incident, five people were badly injured when a Boeing 731-400 skidded off a runway.