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Philippine Airlines gets 4-star global rating

MANILA, Philippines — Philippine Airlines (PAL) has been certified as a four-star airline by Skytrax, the international air transport rating organization......»»

Category: newsSource: philstar philstarFeb 9th, 2018

Philippine Airlines gets 4-star global rating

MANILA, Philippines — Philippine Airlines (PAL) has been certified as a four-star airline by Skytrax, the international air transport rating organization......»»

Category: newsSource:  philstarRelated NewsFeb 9th, 2018

Batangas escape offers best paella, Iberian chicken, freshly picked salads

From the air, Manila is an irregular sprawl of swill and turpitude, a cloud of smog hanging over it like the mushroom of detonation. I've honestly not flown enough recently to say conclusively whether or not Philippine Airlines deserves its four-star rating. It does deliver in the things that really count, such as planes not falling out of the sky and keeping passengers well-fed. On the newer planes, the in-flight entertainment system is top-notch and is comparable to those on the Gulf carriers, but on older planes you get, well, nothing. And the seat selection process, when you buy tickets online and pony up $5 just to get an aisle seat in Economy---an aisle seat in the center ...Keep on reading: Batangas escape offers best paella, Iberian chicken, freshly picked salads.....»»

Category: newsSource:  inquirerRelated NewsJul 19th, 2018

4-STAR @ 77 for PAL

Philippine Airlines celebrated an especially sweet 77th birthday last March 15, coming soon after the flag carrier's attainment of 4-Star global airline status....Keep on reading: 4-STAR @ 77 for PAL.....»»

Category: newsSource:  inquirerRelated NewsMar 17th, 2018

PAL earns 4-star rating from Skytrax

FLAGSHIP carrier Philippine Airlines (PAL) has been certified as a four-star airline by international air transport rating organization Skytrax. The four-star rating means that the airline company has excellent standards in terms of production and staff services across different assessment categories for both onboard and airport environments. PAL is the only local airline company to […] The post PAL earns 4-star rating from Skytrax appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsFeb 9th, 2018

PAL certified as 4-star airline

MANILA, Philippines— Lucio Tan-led flag carrier Philippine Airlines (PAL) is now a 4-star airline. International air transport rating organization Skytrax certified PAL as a 4-star airline, after it conducted an audit of the airline's in-flight and on-ground service and noted major enhancements to its end-to-end passenger experience, PAL announced on Thursday, February 8. “This ........»»

Category: newsSource:  rapplerRelated NewsFeb 9th, 2018

PAL Elevates Crew Training with Virtual Reality Tech

Reaching new heights, four-star carrier and transportation services provider Philippine Airlines (PAL) installed virtual reality (VR) technology for maximum efficiency in cabin crew training. The VR tech program was brought about by PAL in partnership with start-up enterprise Veer Immersive Technologies, Inc., and in close communications with the Civil Aviation Authority of the Philippines (CAAP). […].....»»

Category: newsSource:  metrocebuRelated NewsJun 25th, 2018

SP lifts rating of PH banking sector

MANILA, June 7 -- Standard amp; Poor's Global Ratings (Samp;P) has upgraded the Philippine banking system's rating by a notch, citing favorable economic environment that is supportive of growth of ban.....»»

Category: newsSource:  manilanewsRelated NewsJun 7th, 2018

Strong economy prompts S& P to hike PH banks’ credit rating

    The credit rating of the Philippine banking system was raised by a notch by Standard & Poor's Global Ratings, citing favorable economic environment that is supportive of growth of banks, sound regulations, and improving industry fundamentals and trends.   With the upgrade, the local banking sector is now classified under the stronger category of'6'from the previous '7'on a scale of 1 to 10, with the latter reflecting the highest risk.   "High household consumption, investment, and exports (mainly of electronics, commodities, and services) continue to support economic activity," S&P said in its latest Banking Industry Country Risk Asses...Keep on reading: Strong economy prompts S&P to hike PH banks’ credit rating.....»»

Category: newsSource:  inquirerRelated NewsJun 6th, 2018

PAL to set new milestones in fleet modernization program

Airbus A350. PHOTO from Philippine Airlines 4-Star carrier Philippine Airlines is in the midst of a fleet modernization program in its bid to transform itself into Asia's airline of choice wit.....»»

Category: newsSource:  philippinetimesRelated NewsMay 15th, 2018

S& P upgrades Security Bank to investment grade, affirms rating for DBP

S&P Global Ratings bumped up its credit ratings on Security Bank Corp., while affirming its ratings on Development Bank of the Philippines (DBP) following an upgrade on the Philippine banking industry’s credit risk assessment. In a statement sent to reporters late Monday, the global debt placed Security Bank to investment grade as it upgraded the […] The post S&P upgrades Security Bank to investment grade, affirms rating for DBP appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 15th, 2018

S& P hints at possible Philippine credit rating upgrade

By Melissa Luz T. Lopez, Senior Reporter S&P Global Ratings bumped up its outlook on the Philippine economy as it took stock of tax reform and “improved” fiscal policies, paving the way for a possible rating upgrade in the short term. The debt watcher revised its credit outlook for the Philippines to “positive” from “stable,” […] The post S&P hints at possible Philippine credit rating upgrade appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsApr 28th, 2018

S& P raises Philippine credit outlook

S&P Global Ratings has raised its credit outlook for the Philippines to positive from stable, raising the possibility of a rating upgrade for the country on the back of solid economic growth, healthy external position, and improvements in policy-making......»»

Category: financeSource:  philstarRelated NewsApr 27th, 2018

S& P raises outlook for Philippine economy to positive, hints at rating upgrade

S&P Global Ratings has raised its outlook for the Philippine economy, increasing the prospect of a rating upgrade for the country on the back of improving policymaking and solid economic growth......»»

Category: newsSource:  philstarRelated NewsApr 27th, 2018

S& P upgrades Philippines’ credit outlook to ‘positive’

By Melissa Luz T. Lopez, Senior Reporter S&P Global Ratings bumped up its outlook on the Philippine economy, as it took stock of tax reform and “improved” fiscal policies which support solid economic growth. The debt watcher revised its credit outlook for the Philippines to “positive” from “stable,” hinting stronger chances of bagging a rating […] The post S&P upgrades Philippines’ credit outlook to ‘positive’ appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsApr 26th, 2018

With new fleet, PAL readies nonstop flights to New York, India

MANILA, Philippines – Philippine Airlines (PAL) will mount nonstop flights to New York and India as well as boost its operations in Davao, Cebu, and Clark in Pampanga, as the flag carrier expects the arrival of 21 new planes by 2019. PAL, the country's only 4-star airline, ........»»

Category: newsSource:  rapplerRelated NewsApr 16th, 2018

PAL signs deal with Amadeus for IT system

PHILIPPINE Airlines (PAL) has signed an agreement with Amadeus to upgrade the flag carrier’s core technology systems amid efforts to become a five-star airline by 2020. In a statement, PAL said it will adopt the Amadeus Altea Suite, described as a complete passenger service system to streamline and improve services from reservation to flight management. […] The post PAL signs deal with Amadeus for IT system appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsMar 19th, 2018

New airport infrastructure key to PAL’s ‘five-star’ goal

Improvements in the country's aviation infrastructure --- in particular, having a new airport that can facilitate more aircraft movements --- are crucial for the Philippine Airlines to be able to achieve its goal of joining the ranks of the world's five-star carriers by 2020.   Thus said PAL president Jaime Bautista as he laid out the next steps the Lucio Tan-owned flag carrier will take over the next two years to capitalize on the gains of its recent upgrade to four-star status by international airline accreditation body Skytrax.   "Airport improvements are very important to us, especially for our goal to get the five-star status," he said in a press briefing in Ma...Keep on reading: New airport infrastructure key to PAL’s ‘five-star’ goal.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2018

PAL to spend around $2 billion on 15 new planes in 2018

MANILA, Philippines (UPDATED) – Flag carrier Philippine Airlines (PAL) is continuing with its fleet modernization program in a bid to push its newly acquired 4-star airline status to 5 stars. "We are expecting to take delivery of 15 aircraft this year – 4 Airbus A350s, 6 Airbus A321neo (new engine ........»»

Category: newsSource:  rapplerRelated NewsFeb 13th, 2018

‘Grand Deception’ by Jun Ledesma

Letters From Davao: WHEN RAPPLER through its President, Maria Ressa, was caught trifling with an important tenet in the Philippine constitution that mandates that Philippine media should be 100% owned by Filipinos the Securities and Exchange Commission ordered it closed. Rappler was parading like it is wholly owned by Filipinos but turned out it accepted investment from Omidyar Network (ON) which is known for its notoriety in destabilizing heads of state that are not docile to America. It tried deception by claiming that the Philippine Deposit Receipts it issued to ON money was for philanthropic contribution. The attempt dragged them deeper in shit as PDRs are actually commercial instruments. When this trick did not work, Ressa again tried another act this time claiming that Omidyar signed a waiver on its veto power. Again this did not pass scrutiny of the SEC because the said waiver was discovered to be just a scrap of paper as the document was not notarized.  Running out of deceptive tricks Ma. Ressa went berserk when she was served the closure order and went about town crying her freedom is being curtailed by Pres. Rodrigo Duterte no less. Her partner Pia Ranada did the same screaming she will be jailed by Duterte’s military. The grandstanding, it was obvious, was to stonewall the criminal violation they committed and to paint Rappler and its staff headed by Ressa as victims of oppression and dictatorial regime of Duterte. Contrary to its claim that they have lost their freedom of expression, more than ever Rappler had increased the crescendo of its unfettered attack on no less than the President Duterte himself. Ressa spearheaded a Black Friday movement supported by a handful of students from where else by the University of the Philippines campus and the usual garrulous but moribund Liberal Party stalwarts headed by VP Leni Robredo. They were joined in by UN Rapporteur Agnes Callamard and her local counterpart Chito Gascon in denouncing the Duterte government for curtailing the freedom of the press. Other foreign-funded media outfits joined the fray for obvious reason.  Theirs is a cacophony of ridiculous chants. Robredo warned that the closure of Rappler is a symptom of a dark future of the country. The juvenile delinquents in the UP campus joined pipsqueak assemblies with screaming placards denouncing Pres. Duterte and his “malignant forces that continue to peddle lies to justify their tyranny and dictatorship”.  They cut classes to face the TV cameras and klieg lights unmindful of yet another spectacular grade the survey firms Social Weather Station and Pulse Asia showing an “excellent” grade on the sustained trust and popularity of the nation on Duterte which they had been flagellating no end.  No one seems to mind their issue about tyranny and dictatorship as the World Bank grudgingly declared that “DDS killed democracy in the Philippines but they haven’t killed the country’s vibrant economy”.  Forbes, an international business magazine, likewise quoted WB on its Global Economic Prospects, which asserts that “Duterte Philippines is the 10th fastest growing economy in the world”.  The statistics is a slap on the face of VP Robredo who remains to be an incurable pessimist despite the figures that cannot lie. She continues to see the future of the Philippines in dark glasses forgetting that she is a Vice President and therefore should have celebrated with the rest for the gains that the country achieved. For her part, Maria Ressa simply ignored what Forbes and WB declared.  Maybe out of outrage that the Robredo seemed to be out of sync and blinded by sheer politicking and negativism, UP Political Science professor and political analyst, Clarita Carlos,  made a five-worded message to The Vice President thus: “President Duterte moves the Philippines forward”. To those who denigrate Duterte from cutting the country’s umbilical cord to America, Professor Carlos had this to say. “Duterte has moved the Philippines away from the usual foreign policy and in turn ‘defined national interest’ by tracking his own way of foreign policy”. She admired Duterte for his political guts and courage.  It is indeed pathetic that while the Philippines rise several notches higher in political and economic arena the opposition and the foreign-aided media outfits shamelessly continue to belittle these achievements. It is no small feat that Philippines came out stronger in economic growth than China in the 3rd quarter of 2017. On the 4th quarter moreover China rallied (6.9%) and landed on top of Asian countries followed by Vietnam (6.8) and Philippines 6.7%. The Philippines however has been growing more than 6% for nine consecutive quarters and that sustained growth is best among Asean nations. Any which way you look at it, that spells economic stability and investment grade for investors service firms like Moody’s and other international credit rating institutions. Cause and effect is a simple gauge to measure the impact of the tyranny and dictatorial regime that Rappler and its sympathizers have been accusing the Duterte regime. But as I always say, no one can quarrel with success especially when institutions of unquestionable stature put the positive figures across. Expect the economy to grow even faster in 2018 when infrastructure spending commences under the Duterte’s Build, Build, Build program. As we all know, the government had earmarked P8.4-trillion to achieve the mega infrastructure projects comprising of railways, highways and bridges, irrigation’s, airports and seaports to name a few. The job opportunities that these programs will generate are equally mind-boggling. […].....»»

Category: newsSource:  mindanaoexaminerRelated NewsFeb 1st, 2018

Airlines eye return of fuel surcharge

Airline ticket prices could go up this year as domestic carriers consider asking the government to again allow a fuel surcharge mechanism. This was ordered scrapped in 2015 as global oil prices saw a sharp decline---a trend that has been gradually reversing in recent years. Inquirer sources said large carriers such as Philippine Airlines (PAL) could soon seek the government's permission to pass on part of their fuel bill---a major operating cost for airlines---to customers as they had done before when the fuel surcharge was allowed. A PAL spokesperson could not be immediately reached for comment, while a Cebu Pacific Air official said there was "no view" yet on any move to file a p...Keep on reading: Airlines eye return of fuel surcharge.....»»

Category: newsSource:  inquirerRelated NewsJan 23rd, 2018