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Old 12th Aug 2014, 11:59
  #53 (permalink)  
Cactusjack
 
Join Date: Aug 2009
Location: Lisbon
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Was looking through the Kina securities web site and found that Airlines of PNG NPAT -profit after tax was -21 million Kina for year 2013 and around -19 million Kina in 2012. Their assets have decreased over 2013 and 2012. That's a lot of red ink.
Wow! What a fantastic job the executive managers must be doing, especially the expat/part time CEO As has been suggested before, what they need is a little bit of mumbo jumbo management training and all will be ok!
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