Air Pacific reported an operating loss of $3.6M for the financial year ending March 2011 which is a significant reduction in losses compared to the operating loss of 91.8 million dollars for the previous year.
It has been quite challenging according to the Managing Director and CEO of Air Pacific, Dave Pflieger but he said it has also been exciting and action packed so far.
Pflieger said the main issue was cutting costs and getting ready for competition.
Pflieger said tough decisions had to be made to ensure that Air Pacific is ready for competition in this era.
Pflieger said although there are people who just criticize, he believes that the Air Pacific team has achieved a lot this year and the significant reduction in losses speaks for itself.
Story by: Vijay Narayan
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Air Pacific operates loss of $3.6M
