Air Niugini Chief Executive Officer, Bruce Alabaster, said the airline suffered this loss in the last two years.
“So we’ve managed that through cost control, et cetera, and we were profitable last year,” he stated during a recent visit to Lae.
“We were probably one of the very, very few airlines who were profitable last year.
“We’re expecting a better profit this year but right through that period, we’d have to pay all our national staff every payday; all their superannuation, et cetera, is absolutely up-to-date.