AGP Executive Report
Last update: 8 hours agoAir Travel: Guam’s airport reported seat capacity down 23% and scheduled flights down 22% year over year in November, after daily Busan and Kansai services ended. Capacity rose 16% from October, helped by added Incheon flights, but the airport’s revenue remains under pressure after a $17.7 million bailout. Power Costs: The PUC approved a $37.5 million Bank of Guam credit line for GPA to help pay for fuel shipments. Together with financing from Coast360 and Bank of America, it brings GPA’s borrowing capacity to $70 million—not funds already borrowed—as fuel prices remain volatile. Small Business: MK Lotus Aesthetics founder Kristine Pasco won Bank of Guam’s ElevateHER grand prize, receiving $5,000 in funding and $5,000 in advertising credit to support her Barrigada clinic’s expansion.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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