The company also recorded a K34.30 million loss in 2013 while there was a tax benefit of K16.19 million in the same year.
The board of directors when releasing the financial report on Friday said the company’s principal activities are the operation of a charter and scheduled passenger airline throughout PNG.
The group also owns 100% interest in Galatoire Investment property, PNG Ground Services, for the supply of aircraft fuel and APNG Services Pty Ltd for supply of international aircrew.
