Will Airlines PNG survive?
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Will Airlines PNG survive?
Bloomberg identifies Airlines PNG as one of the 10 airlines Most likely to go under because of the current crisis. finance(dot)yahoo(dot)com/news/airlines-most-danger-going-under-035548868.html
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More Importantly; Airlines PNG does not exist. The company was renamed PNG Air some years ago prior to the introduction of the ATR aircraft.
Mr. Bloomberg is so far out of date
I thinks its owned by the National Super Fund, so unlikely
They seem to be doing plenty of Government flying...
Mr. Bloomberg is so far out of date
I thinks its owned by the National Super Fund, so unlikely
They seem to be doing plenty of Government flying...
Last edited by Mumbai Merlin; 31st Mar 2020 at 01:13. Reason: additional text
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More Importantly; Airlines PNG does not exist. The company was renamed PNG Air some years ago prior to the introduction of the ATR aircraft.
Mr. Bloomberg is so far out of date
I thinks its owned by the National Super Fund, so unlikely
They seem to be doing plenty of Government flying...
Mr. Bloomberg is so far out of date
I thinks its owned by the National Super Fund, so unlikely
They seem to be doing plenty of Government flying...
https://www.bloomberg.com/news/artic...2-billion-blow
Think you will find the AOC etc is still APNG, it’s purely a marketing thing with regards to PNGAir.
And there by all debit are still APNG. PNGAir could be considered solely as a trading name.
MBA eventually went bankrupt but the Wilds had already created the company APNG if SP hasn’t fried my memory.
And there by all debit are still APNG. PNGAir could be considered solely as a trading name.
MBA eventually went bankrupt but the Wilds had already created the company APNG if SP hasn’t fried my memory.
TropicAir owned by RH which is logging, vision city, hyper mart, tufi dive, forestry produces, the whole of Bulolo, Cosmo, just to name a few....
More chance of EVERY other airline / charter company closing before them.
More chance of EVERY other airline / charter company closing before them.
You might be correct, but then:
How much logging do you think the Malaysians are doing right now?
Vision City? Mostly closed
Tufi Dive? Can’t see tourists queued up at the moment
Forest products? How they doing?
Aviation is an expensive business, especially when your bleeding from every other limb. The other sectors aren’t immune to COVID 19 either. Medevac would be a good earner right now if they hadn’t been caught by the government doing something shonky at the start of the ban.
How much logging do you think the Malaysians are doing right now?
Vision City? Mostly closed
Tufi Dive? Can’t see tourists queued up at the moment
Forest products? How they doing?
Aviation is an expensive business, especially when your bleeding from every other limb. The other sectors aren’t immune to COVID 19 either. Medevac would be a good earner right now if they hadn’t been caught by the government doing something shonky at the start of the ban.
Think TA will be ok.
Have a read & please don’t tell me you thought the Honeys owned all this.....
http://www.ipsnews.net/2016/04/opini...ua-new-guinea/
https://en.m.wikipedia.org/wiki/Rimbunan_Hijau
https://en.m.wikipedia.org/wiki/Tiong_Hiew_King
Have a read & please don’t tell me you thought the Honeys owned all this.....
http://www.ipsnews.net/2016/04/opini...ua-new-guinea/
https://en.m.wikipedia.org/wiki/Rimbunan_Hijau
https://en.m.wikipedia.org/wiki/Tiong_Hiew_King
Last edited by geeup; 1st Apr 2020 at 21:16.
