Recorded at CAPA Australia Pacific Aviation Summit, 3rd week of Sep 2022

Air Niugini, CEO, Bruce Alabaster at the CAPA Australia Pacific Aviation Summit 2022

Air Niugini has seen (on average) K 400 million per annum in revenue lost due travel restrictions during 2020/2021 due to the Covid-19 crisis. Despite this Air Niugini is expecting a small profit for 2021 based on latest reforecast. During this short period the team has removed circa 36% of Air Niugini’s pre-Covid cost structure, with circa 24% of these savings are permanently embedded. Air Niugini has during this period managed to keep almost all staff on full pay and has been able to operate the fleet through the whole Covid period.

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