I thought APNG were just about broke 700000 kina is more like a loss. Anyway I'm not going to argue the point.
Air Niugini will retain what they want out of APNG and ditch what they don't want. At the end of the day AIr Niugini doesn't need APNG where as APNG needs Air NIugini. I would be somewhat concerned if I worked for APNG at the moment as their will be some jobs go with this right across the board me thinks. On positive thing about all this is that it will ultimately lift flight standards as the APNG pilots who remain will have to comply with Air Niugini's procedures and not APNG's Good for the cadets ! This may even also help alleviate the pilot shortage problem that currently exists in PNG at the moment.
Fun times ahead, starting today !