80-year-old Philippine Airlines to stay aloft, COO says
March 16, 2021 | 12:08 am
“Our message to our country and the world:
Buhay pa tayo. ‘Andito pa tayo. At hindi tayo aalis (PAL is alive, we’re still here, and we’re here to stay,” PAL President and Chief Operating Officer Gilbert Gabriel F. Santa Maria said in his anniversary message on Monday.
“This great lady Philippine Airlines will stay aloft while she is in our care,” he added.
The coronavirus pandemic continues to ravage the aviation industry. Aviation think tank Center for Asia Pacific Aviation (CAPA) has said airline revenues are expected to be “close to catastrophic” in the first half of the year.
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NAIA upgrade and the recovery of the aviation industry
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Philippines Airlines (PAL) to destroy 2,700 jobs in March
Philippines Airlines (PAL), announced on Monday that it would cut almost a third of its workforce by March 12. The restructuring will be used to implement long-held plans of reducing its labour costs and to maintain its competitiveness in an industry drastically reshaped since the onset of the pandemic.
PAL is the largest and oldest carrier airline in the country with 7,000 employees, 71 aircraft, and conducts continuous flights to Europe and the United States. The job cuts will be the second undertaken by PAL since the onset of the pandemic, after terminating 300 positions in February last year. Job shedding has also taken place by rivals Cebu Pacific and AirAsia Philippines, with 1,200 and 260 employees laid off in 2020 respectively.