Some Facts
SAW, start up capital, 10 million. they promptly went and borrowed another 90 million. They borrowed this money from maquarie bank. Soon they will have to start to pay. Their "business plan", has not proceeded in the manner they thought it would.
Pac Blue is very interested in AGGH, their delegation was in honiara last week. The board of IE, and the government promptly told them to f... off. They are due to try again in a year with a better deal.
Oz Jet gasping for breath.
Virgin will commence POM soon. Tie up with Airlines PNG. Airlines PNG currently setting up its own 737 operation. They are to use classics. The man responsible for the setup has some experience in the pacific, enough to know the locals definately dont like him.