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Old 25th Nov 2017, 09:48
  #831 (permalink)  
olderairhead
 
Join Date: Nov 1999
Location: Aus
Posts: 764
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I have been hearing rumours of serious financial problems for PX such as non payment to NAC for the previous 12 months, owing the builders of the new PX hotel many many millions of Kina (38?) as well as Simon Says going begging for 100 million kina and then I received the following:

PNG’s NATIONAL FLAG CARRIER IS STRUGGLING TO SURVIVE
PNG’s National Flag carrier (Air Nuigini) is really struggling to survive in PNG’s Airline Industries at the moment. As a concerned citizen, I am very worried how this company has been managed so far…
While the airline’s financial situation is deteriorating, some executives are spending more time entertaining young junior staff. Who is that Expat Executive of the National Flag Carrier caught many times with his pants down with junior staff at the Air Niugini office car park?? He was also punched by a supplier twice for bullying local suppliers. Is he concerned with the deteriorating financial situation? Appears not.
If he was a ‘bilak sikin’ he would have bitten the dust long ago. In one instance, he wrecked a company car after an all night binge with one of his junior officers. This matter was of course swept under the carpet. He called in security to rescue them, the security appears not to have filed an incident report, or if they did, no action resulted from it. Bilak sikins have been sacked for similar offences. He was seen with yet another junior staff in very compromising situation at PX HQ car park, again no action. Official meetings, mostly unnecessarily long meetings, with young, nubile girls are frequent, and minutes of banter and small talk always preludes any official discussion. Seems he is always on the lookout for potential suitors.
He jets off to Brissy every two weeks or so to see the misis and con her into thinking everything is fine. Meanwhile, PX is in serious financial situation. Creditors are owed tens of millions, and counting, and this executive sees fit to spend his time fulfilling his libido and travelling.
This same executive was collared in his office by an irate creditor who is owed tens of thousands for the new residential building. Happened in front of all his staff. He was rescued by some of his staff.
Most people working at PX HQ are aware of these morons’ deeds, and many ‘executive’ managers also know. When will PX management and the Board get rid of this guy?
The PNGs only airline carrier is financially broke, while their attempt to get a K100million loan from BSP was rejected outright due to poor financial performance for the last couple of years showing signs of going nowhere.
Their fourth and final attempt to hold back the large foreign owned planes on lease to Air Niugini is under continues negotiations for two weeks from now in Singapore with all the Senior Managers still in Singapore now.
Also, the Financial Controller of Air Niugini is working from Australia now due to his work permit has expired.
Air Niugini is another time bomb to create disaster in the history of our airline and the Government need to take some drastic actions to put in capable people who can manage this company.
PNC COALITION GOVERNMENT NEED TO STEP IN NOW OR IT WILL TOO LATE….


By the way resignations are still continuing.
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