I think people are finally waking up the realization that creating ATN was a terrible mistake.
With over 10-years of losses, French Polynesia has been largely left at the mercy of continuing to support this enterprise as there hardly any other aviation companies flying to the islands.
Only 10-years ago there was a vibrant and competitive aviation market, now everyone from the local taxi driver, to store keeper to hotel owners has their future held hostage by the ability of this one company. Tourism is at almost a 13-year low – down over 30% from its peak, and entire industries such as cruise ship segment have left Tahiti.
Its absolutely true that now without the lack of competition there are folks in places as the big market America that do not wish to utilize TN
as they do not earn any points or benefits. There are not many options in ticket prices. Again another downside of having a near monopoly.
It is a critical position where TN
is today. Government has made it clear that is cannot continue to support these large annual losses, while at the same time it seems outside parties don’t want to invest in a loss making enterprise either. As result government seems to only have one option and that is to push savings from employees, however I am not sure this solves the underlying issue of a poor business plan, while also creating more social problems. It was mentioned in one paper, that even if TN
had its 5 A340 aircraft for free, it would still generate operating loss.