Link PNG confirms bid to get some PNG Air shares

The National National

AIR Niugini’s subsidiary, Link PNG, has confirmed its bid to acquire some of PNG Air’s shares in a move it says will benefit air travel in the country.
Link PNG in a statement yesterday said the National Superannuation Fund Ltd (Nasfund) board had approved the sale of shares to Link PNG.
However, Link PNG will require regulatory approval in particular from the Independent Consumer and Competition Commission (ICCC), before a decision on the partial acquisition is finalised. Link PNG general manager Alex Kia said the proposal would be a huge “coup” for airline passengers, ensuring job security for local employees in both airlines and the continuation of the PNG Air brand.
Kia said there would not be substantial changes at PNG Air.
The strategy is to integrate the Link PNG network into PNG Air’s schedule and rebranding the Link PNG DHC-8 turboprop aircraft as PNG Air.

One thought on “Link PNG confirms bid to get some PNG Air shares”

  • For the sake of the ordinary people of PNG, I hope ICCC forbid monopoly of air travel in this country. Competition is better for us travellers who dig deep into our pockets for essential travel in the country.

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