Update from the stock exchange dated 30 September 2014:
http://www.pomsox.com.pg/dimages/com...fs/28_2505.pdf
So the waiting game continues for the
good people of APNG? Another extension of the 2013 financial results. That's got to have a few shareholders concerned? Especially when you consider the financial problems at the MD's other airline, not to mention redundancies at both airlines, aircraft sold at both airlines and even personal assets offloaded. The MD and Pinocchio are very busy at the moment scrambling about, hither and tither, avoiding eye contact with other humans while trying to make those balance sheets stack up. But don't worry folks, the school teacher just put more staff through some mumbo jumbo training, all 'uniquely' billed back to the struggling airline. At least somebody is making money out of the place
All we are waiting on now is an announcement from the part-time checkin manager that his dream has been fulfilled and they are going to start their own ground handling company!!!