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Philippine Airlines outlines new routes with delivery of 15 aircraft this year

Philippine Airlines President Jaime J. Bautista said in a press conference that the airline is expecting the delivery of four Airbus A350s, six A321neos, and five Bombardier Q400s this year. The A321neos will be used for Manila-Brisbane flights, as well as routes to New Delhi and Mumbai in India, and Sapporo in Japan. The A321neos […] The post Philippine Airlines outlines new routes with delivery of 15 aircraft this year appeared first on BusinessWorld......»»

Category: newsSource: bworldonline bworldonlineFeb 13th, 2018

Philippine Airlines to fly to New Delhi, Mumbai, Sapporo by fourth quarter

PHILIPPINE Airlines (PAL) is planning to mount nonstop flights from Manila to New Delhi and Mumbai in India and to Sapporo in Japan by the fourth quarter, as the flag carrier expects 15 new aircraft to be delivered this year. PAL said in a statement it is accepting delivery of six new Airbus A321neos starting […] The post Philippine Airlines to fly to New Delhi, Mumbai, Sapporo by fourth quarter appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsApr 15th, 2018

PAL to get 15 new planes this year

MANILA, Philippines — Flag carrier Philippine Airlines (PAL) is taking delivery of 15 new aircraft valued at $2 billion this year to expand operations by ser.....»»

Category: financeSource:  philstarRelated NewsFeb 15th, 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

PAL to accept delivery of 8th Boeing aircraft in December

MANILA, Philippines – Philippine Airlines recently acquired its seventh Boeing 777-300ER and will accept delivery of its eighth unit by December this year, a.....»»

Category: financeSource:  philstarRelated NewsNov 9th, 2016

PAL hopeful of signing deal with strategic investor this year

DAVAO CITY — Flag carrier Philippine Airlines Inc. (PAL) is finalizing talks with a group of investors that would also help develop markets, according to its top executive. This as the company continues to bleed in some of its domestic and international routes. PAL President and Chief Operating Officer Jaime J. Bautista, at the sidelines […] The post PAL hopeful of signing deal with strategic investor this year appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsApr 13th, 2018

PAL Holdings slumps to P7.3-B net loss in 2017

PAL HOLDINGS, Inc. swung to a P7.3 billion net loss attributable to parent in 2017 from a P4.13 billion profit in the year prior, as higher fuel prices and ballooning aircraft and passenger expenses weighed on the bottom line. In a regulatory filing, the parent company of Philippine Airlines said consolidated revenues rose 13.2% to […] The post PAL Holdings slumps to P7.3-B net loss in 2017 appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsApr 10th, 2018

PAL to take delivery of 2 new Boeing planes

MANILA, Philippines — Flag carrier Philippine Airlines (PAL) expects to take delivery of two Boeing 777-300 ER aircraft within the month......»»

Category: financeSource:  philstarRelated NewsDec 8th, 2017

PAL to launch 4 routes from Cebu in December

DAVAO CITY – Philippine Airlines (PAL) is capping the year with the launch of several new domestic and international routes from airports outside its main hub in Metro Manila. The flag-carrier will launch in December flights from Cebu to Siargao, Camiguin, Ozamiz and Legazpi, as well as to Bangkok, while Cebu-Beijing flights will start this […] The post PAL to launch 4 routes from Cebu in December appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsNov 3rd, 2017

PAL takes delivery of new planes

MANILA, Philippines —  Flag carrier Philippine Airlines (PAL) has taken delivery of its second bi-class next generation Bombardier Q400 aircraft......»»

Category: financeSource:  philstarRelated NewsSep 14th, 2017

PAL takes delivery of Q400

TORONTO – Philippine Airlines took delivery of its first next generation Q400 aircraft at Bombardier’s facility here......»»

Category: financeSource:  philstarRelated NewsJul 21st, 2017

PAL expects delay in Airbus delivery

MANILA, Philippines -  Philippine Airlines (PAL) expects a delay in the delivery of 21 Airbus A321neo aircraft due to engine issues cited by the manufacturer.....»»

Category: financeSource:  philstarRelated NewsJun 18th, 2017

Corporate News: PAL defers delivery of A321NEO planes

PHILIPPINE AIRLINES is pushing back the start of delivery of its Airbus A321 NEO (new engine option) planes to January, saying there are issues with the engines to be used for the aircraft......»»

Category: financeSource:  bworldonlineRelated NewsJun 15th, 2017

Corporate News: PAL looking to develop Clark as new hub

PHILIPPINE Airlines (PAL) is looking to develop Clark as a new hub, as it targets to expand its operations with more flights and new routes amid challenges expected next year......»»

Category: financeSource:  bworldonlineRelated NewsDec 13th, 2016

PAL Express gets new A321

MANILA, Philippines - The sister firm of national carrier Philippine Airlines (PAL) is adding an aircraft to its fleet after taking delivery of an Airbus A32.....»»

Category: financeSource:  philstarRelated NewsSep 4th, 2016

Air Asia passenger volume up

Philippines Air Asia saw passenger volume surge in the first quarter of 2018 as it expanded its fleet and opened new routes out of Clark International Airport in Pampanga. The airline, a part of Malaysia's Air Asia Group, carried 1.61 million passengers from January to March, up by some 40 percent from year-ago level. During the period, Philippines Air Asia saw its fleet of Airbus A320s expand from 15 aircraft to 21. Capacity rose 47 percent to 1.85 million available seats flown. Its load factor, which measures utility against available capacity, dipped 5 percentage points to 87 percent. In the first quarter, the airline started four new routes out of Clark Airport. This f...Keep on reading: Air Asia passenger volume up.....»»

Category: newsSource:  inquirerRelated NewsMay 23rd, 2018

China warships, planes sighted at PH-claimed reefs since 2017

  Chinese warships and aircraft have been frequenting Philippine territory in the Spratly archipelago since 2017, indicating a steady pace of development toward "operational status" of Beijing's military bases in the hotly contested South China Sea. Missile-equipped vessels were seen last year near Philippine reefs in the Spratlys, which China had turned into artificial islands. Surveillance images obtained by Inquirer.net showed a Luoyang Jiangwei II-class frigate (Hull No. 527) at Zamora Reef, known internationally as Subi Reef, last Nov. 15. This vessel is said to be armed with short-range surface-to-air missiles and antiship cruise missiles. Last June 16, a Type ...Keep on reading: China warships, planes sighted at PH-claimed reefs since 2017.....»»

Category: newsSource:  inquirerRelated NewsMay 15th, 2018

PAL Holdings net loss widens in Q1

The operator of flag carrier Philippine Airlines, Inc. (PAL) saw its net loss widen by 6.5 percent to P799.7 million in the first quarter, up from P750.8 million a year earlier, as expanded operations came with higher fuel prices. Revenues increased nearly 13 percent to P36.79 billion from P32.65 billion in January-March 2017 but expenses [...] The post PAL Holdings net loss widens in Q1 appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsMay 15th, 2018

PAL incurs bigger loss of nearly P800 M in Q1

The operator of flag carrier Philippine Airlines (PAL) saw its net loss widen in the first quarter this year from a year ago due to higher expenses......»»

Category: financeSource:  philstarRelated NewsMay 14th, 2018

PH Navy to acquire Pohang-class corvette from Korea within the year

The Philippine Navy is finally set to receive the decommissioned Pohang-class corvette from South Korea later this year.   Navy Flag Officer in Command Vice Admiral Robert Empedrad said they are expecting the delivery of the ship within the third quarter of 2018.   "We will receive a Korean corvette within this year and we are just waiting for the fund requirements," he told reporters on the sidelines of a maritime security symposium in Manila.   Empedrad said they are expecting of the approval of the budget in June and the ship will be delivered in three months' time.   He said the transfer process is estimated at P250 million.   "O...Keep on reading: PH Navy to acquire Pohang-class corvette from Korea within the year.....»»

Category: newsSource:  inquirerRelated NewsMay 10th, 2018

Singapore-KL route is world’s busiest global air link

The Singapore-Kuala Lumpur route is the world's busiest international air link, with seven airlines that operate up to 84 flights a day.   In second place is Hong Kong-Taipei, followed by Singapore-Jakarta.   The ranking by industry consultancy OAG, releasedon Thursday, is based on the number of flights between two cities in the 12 months to the end of February this year.   The Singapore-KL connection topped OAG's busiest international routes ranking with 30,537 flights, compared with 28,887 flights for Hong Kong-Taipei and 27,304 flights for Singapore-Jakarta.   While the Singapore-KL sector was the busiest for Changi Airport based on the ...Keep on reading: Singapore-KL route is world’s busiest global air link.....»»

Category: newsSource:  inquirerRelated NewsMay 6th, 2018