When looking for an inexpensive flight from Jakarta to Bali I came across quite a lot of blacklisted airlines, whose names I won't mention!
Air Asia is the airline that was recommended to me. As I understand it, this is South East Asia's low cost airline. It was very good, providing nothing more nor nothing less than a European low cost airline. The flight times are a bit uncertain (half an hour different to scheduled), but ok, you do still get there in one piece!
There's no more of a free meal onboard than you get on a TGV from Paris to Lyon for 97 euros. But this was a Jakarta to Bali flight for 44 euros, so that's fair enough! A little extra touch: they use these nice little logos and pictograms for communication purposes, the one for the insurance confirmation in particular (I've used it for my avatar picture). I recommend Air Asia to you!
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