PNG airlines join wings

29/09/2011

<p style="text-align: justify;">In the week that had the biggest newsbreak of the aviation world in a long while – the first commercial delivery of the much awaited and long delayed revolutionary Boeing 787 – comes news from Papua New Guinea of the possible merger of two of its biggest airlines.<!--more--></p>
<p style="text-align: justify;">PNG Prime Minister Peter O’Neill this week announced that the country’s Cabinet had given an in-principle approval for flag carrier Air Niugini to merge with Airlines PNG. The merger will make it one of the biggest airlines in the South Pacific Islands region.</p>
<p style="text-align: justify;">Air Niugini would obviously be the major shareholder among the two, but the breakup of the shareholding would be determined by valuations, according to news reports. The merged airlines will be able to provide connections between the region’s largest centres and the smallest villages with airstrips in PNG.</p>
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<p style="text-align: justify;">Photo / Destination Air Niugini</p>