Philippine Airlines is planning a major restructuring of its activities, which supposedly involves running to court to request compensation from paying creditors and holding the airline afloat. The declaration of Dominguez was accompanied by that of PAL, which said that a comprehensive plan for recovery and restructuring is ongoing, all but suggesting plans to seek court involvement. Strictly speaking, after …

MANILA – Flag carrier Philippine Airlines (PAL) is eyeing to cut jobs across the board in an effort to stay afloat amid the on-going Coronavirus pandemic that has impacted the company. According to the airliner, they are looking for a more drastic downsizing to reduce cost as demand in air treavel remains weak due to travel restrictions being imposed in …

The Philippine Airlines (PAL) declared on Tuesday the cancelation of all its domestic flights under the enhanced community quarantine now being imposed on the entire island of Luzon by the government. The company stated that in compliance with the Enhanced Community Quarantine measure taken by the Philippine Government over the Luzon Region, including Metro Manila, ALL DOMESTIC FLIGHTS of Philippine …

Since February, more than 300 staff from 19 tourism-related establishments have lost their jobs due to the coronavirus outbreak that has curtailed air travel, particularly from China, one of the country’s biggest tourism markets, the Labor and Employment Department said on Tuesday. Around the same time, according to assistant labor secretary Dominique Rubia-Tutay, 47 businesses with 4,416 employees have adopted …

As part of a business restructuring plan, the flag carrier Philippine Airlines (PAL) has laid off 300 employees to handle losses suffered by travel restrictions on coronavirus-stricken destinations. PAL announced on Friday that PAL has introduced a “voluntary separation program for long-serving workers and a retrenchment process” which was completed on 28 February. The mass lay-off is part of the …

Tycoon Lucio Tan Sr. took over the leadership of PAL Holdings Inc., the parent company of Philippine Airlines— a position vacated by his son and namesake who died last November. Advertising In an announcement to the Philippine Stock Exchange on Wednesday, PAL Holdings stated that Tan was appointed Chairman of the Board of Directors at a meeting on 18 February …

A Philippine Airlines special rescue flight bound for Xiamen is scheduled to leave Manila on Monday to bring back Filipinos stranded in China amid the novel coronavirus (nCoV) scare. The said flight is scheduled to leave Terminal 2 of Ninoy Aquino International Airport (NAIA) past 7 a.m. The said flight is scheduled to leave Terminal 2 of Ninoy Aquino International …