Skerah
Business

Milne Leaves Air Niugini

 122 total views,  11 views today

Alan Milne the Chief Executive Officer of Air Niugini has left the company.  Board Chairman Sir Kostas Constantinou in a media release announced Milne’s resignation which is effective as of today.

 

Sir Kostas mentioned that “COVID-19 played a detrimental impact on the airline industry” and unfortunately affected the Chief Executive’s capacity to travel back and forth from his family in Australia.

 

Sir Kostas further added that Alan Milne’s departure was “disappointing and regretful” but understood that “his family must come first in these extremely worrying times”.

 

The former CEO had done a tremendous job steering Air Niugini to profitability.  Its 2019 operating profit was recorded at K500,000 off the back of a loss of K133 million the previous financial year.

 

Much of the transformation had been attributed to a number of significant initiatives including the Higher Altitude program that reviewed the business’ cost control, revenue opportunities, customer service improvements and operations. The Higher Altitude program – implemented by Managing Director Alan Milne soon after his appointment – contributed more than K20 million savings in the first three months of being implemented.

 

The Board Chairman announced in the same release that Bruce Alabaster, who holds a Masters of Aviation, will be taking over as the Acting CEO.

 

 

Comments

comments