#header-inner img {margin: 0 auto !important; #header-inner {text-align: Center ;} Fiji Coupfourpointfive: 'Risky' nature of Air Pacific deal canvassed at board meeting but ignored

Friday, October 28, 2011

'Risky' nature of Air Pacific deal canvassed at board meeting but ignored

Word from inside Air Pacific is that Wadan Narsey’s piece about FNPF’s risky loan of $200 million to fund the national carrier's three Airbus A330’s is on the money yet again. 

Sources within the airline and on the board who have been unable to vent about the way the airline is being run because of CEO David Pflieger’s direct line to the illegal AG, have revealed that the risky nature of the venture was canvassed during the board meetings to discuss the purchase of the new aeroplanes.

One member in particular was very vocal about the deal and advised Pflieger that leasing was a preferred option because of the huge cost involved in buying new and the fact that the airline was not performing well (strange when Aiyaz Sayed Khaiyum and Air Pacific continue to promote record-breaking arrivals and the fact that 68% of visitors are being brought into the country by the struggling airline.)

This board member also pointed out to Pflieger that leasing provided the opportunity to upgrade aircraft as newer models come online. 

The safety record of the Airbus A330 was also widely canvassed and is well-documented:

As of June 2011, the Airbus A330 has been involved in thirteen major incidents, including six confirmed hull-loss accidents and two hijackings, for a total of 338 fatalities.

The following are notable accidents and incidents:
* On 30 June 1994, on a test flight an A330 owned by Airbus was simulating an engine failure on climbout. The aircraft crashed shortly after takeoff from Toulouse, killing all seven on board.
*On 24 July 2001, the Liberation Tigers of Tamil Eelam attacked Bandaranaike International Airport, Colombo, Sri Lanka. Two SriLankan Airlines A330s were destroyed among other airliners and military aircraft.
*On 7 October 2008, Qantas Flight 72, an A330-303 (VH-QPA), suffered a rapid loss of altitude in two sudden uncommanded pitch down manoeuvres causing serious injuries while 150 km (81 nmi) from the Learmonth air base in northwestern Australia. After declaring an emergency, the aircraft landed safely at Learmonth. 106 people onboard were injured, fourteen seriously. A year after the incident Qantas still did not know what caused the computer malfunction.
*On 1 June 2009, Air France Flight 447, an A330-203, en route from Rio de Janeiro to Paris with 228 people on board, disappeared over the Atlantic Ocean. The aircraft crashed in the Atlantic Ocean 640–800 kilometres (350–430 nmi) northeast of the islands of Fernando de Noronha. All passengers and crew were killed. Malfunctioning pitot tubes provided an early focus for the investigation.
*On 25 December 2009, a passenger on Northwest Airlines Flight 253, an A330-300, attempted to detonate explosives in his underwear while the flight was in the air. Passengers and crew subdued the perpetrator, Umar Farouk Abdulmutallab
*On 12 May 2010, Afriqiyah Airways Flight 771, an A330-202, crashed on approach to Tripoli International Airport, Libya, on a flight from OR Tambo International Airport, Johannesburg, South Africa. All but one of the 104 people on board were killed. The sole survivor was a nine-year-old Dutch boy.


Anonymous said...

Sack the FNPF Board!!

Anonymous said...

I have previuosly requested that C4.5 permanently post the pictures and names of Board members. FNPF etc. in a Hall of Shame.

If an individual decided to "serve" his country and become a Board member in the understanding that his opinion was of value, and now that individual finds that his opinion is not worth anything, THEN that individual must resign or become complicit .

Considerying not one Board member of any public company has resigned we can make the deduction that all of our Board members are as happy as pig in shit.

fancy Board rooms, per deims, prestige, cocktail parties with AG..oolala

Anonymous said...

Your Air Pacific Director should either resign from the Board or make a public statement disassociating him or herself from the decision to purchase the airbus planes.

But the again, who would want to give up their perks. Such hypocrisy.

Living a giant legal fiction.. said...


Any legal contract entered into by Airbus has no standing under law - it also violates EU law & principles.

Airbus chief legal council "has" been advised of these matters in writing - watch closely...

Anonymous said...

Everything's up shit street! God have mercy on Fiji!


Why sack the FNPF Board?.
Sack the members of the FNPF.
Useless members who dont have the balls to standup to this illegal board and millitary Junta.

FJ Insider said...

The entire Air Pacific should be sacked and replaced except for the sensible person who spoke up about the deal. I cannot agree more with his views as FJ should have gone down the leasing option.

I cannot believe how the Chairman of FJ praised the management for a great work. May I ask what great work they did on recommending a purchase order rather than leading option. And may I ask why the Boeing 787 deal was cancelled in the first place and then going down the Airbus A330 option. These two aircrafts have similar specifications and I would have opted for the Boeing 787 option.

Did FJ get compensation for the late delivery for the Boeing 787s? This needs to be investigated as the compensation would have made the overall purchase deal of the Dreamliners a bargain. What is wrong with FJ management. It is run by incompetent bunch of thugs. Pflieger has to go!!!

A thorough review and investigation into this needs to be done by Coup Four And A Half and pressure mounted to embarrass the management of another screw up.

Why has FJ paid the American consultants from SH&E a large sum for nothing. This needs reviewing and put forward on this website.

Time to answer some questions Pflieger! Pressure is on Pfliger. Time to say good bye to your career and say hello to prison.

Anonymous said...



Anonymous said...

Anonymous said...

FJD 200 or USD200

What are alternative uses for the peoples money?

Planting mahogany? teak? pine? coconuts?
Imagine the economic activity generated by these activities without any need of expensive imports other than the imported food we eat.
Think about the value of these crops at maturity.

Replacing fossil fuel imports. FEA bill is $300 million a year. Wow, what a market.
Gasifiers that can burn "african tulip" weed and save our nation.
Hydro projects owned by resource owners.

Yes, it does not take much imagination and no degree in anything to see that these choices will build our nation on a rock.

Can somebody in my country tell me what will happen to Fiji and Fiji tourism if we close down Air Pacific.

Air Pacific is bleeding money and I want to know who the fuck is responsible for this.
Prf Warden Narsey or anybody at all can tell us who is responsible. Was it Campbell, the last CEO. Chairman Barrack, the last man on the job.

Who? Who? who? did this to us.
Was this situation predicted. Who was responsible for not having a plan in place for deregulation, including talking about AP going broke and what we going to do about it.

When do we face reality, when the f$#@%^&*ng country is bankrupt.

Where is the m@#$%$@&^%*8ng leadership in this country.

October 29, 2011 3:48 PM

Anonymous said...

Anyone got a copy of AP's financials (latest?)... I'm guessing their cash flow cannot sustain paying for a $1b loan....on a purely commercial basis. In comes Mr. Alternative Cash Flow - FNPF...let's start with $200m.
Funny the PR didn't say how much AP was putting in for the billion dollar purchase....or maybe i missed it?

Anonymous said...

Totally agree that C4.5 should past all names and photos of FNPF members.

Expose the bastards now!!!!

Hear hear!!!

Do it NOW!!!

Anonymous said...

Its easier and manageable to sack the FNPF board.

"Sack the members"......Get fucken real!!!!

mark manning said...

Thank the RFMF and its greedy Soldiers for Fiji's current dilemma !

Anonymous said...

lol..sack the FNPF me sogo na matanitu...sack the GOVT OF FIJI!! ke sega sack the Fiji Military...uwiiiiii

Taukei. said...

Peronally prefer pictures & detailes of the ruling military council?