`Kamikaze' Airlines

The majority of regional airlines are falling flat on their facesbecause of insufficient capital and chaotic management.

May 4, 2004

THE Boeing 737-200 airplane leased by Papua Effata Airlines, took off on Monday last week for Beograd, Yugoslavia. But don't start getting worried, this new airline that has only been operational for around two months now was not opening an international route. The airplane was being returned to its owner, Aviogenics.

Ever since the air transportation industry was opened up by the government four years ago, the growth of airlines has accelerat

...

More Articles