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18-Jul-2011 11:58 PM

Air Pacific ‘will not fail’ as restructuring continues; ownership questions remain

Analysis

Air Pacific, Fiji's national carrier, stated that despite recent challenges and a number of restructuring changes, it aims to return to profitability and maintain operations. High fuel prices and increasing competition from LCCs, including Australia">Virgin Australia and Jetstar, has hurt Air Pacific">Air Pacific, with the airline reporting its largest full-year loss last year at FJD90 million (USD51 million).

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