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PNG Air on recovery path, eyes profitability by 2028
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PNG Air on recovery path, eyes profitability by 2028
PNG Air (CG, Port Moresby) is targeting a return to profitability by 2028, supported by a restructuring plan that focuses on rebuilding its domestic scheduled network while growing charter flying for the resource sector, according to its 2025 annual report, the first published on time after six years of delayed filings. Charter revenues of PGK164.9 million kina (USD37.8 million) outpaced passenger revenues of PGK159.5 million (USD36.6 million) i…
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