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Gov t-owned firms remit P160 62B to Treasury —DOF

By TED CORDERO, GMA News Published January 1, 2021 12:23pm Government-owned  or -controlled corporations (GOCCs) remitted a total of P160.62 billion to the Bureau of the Treasury (BTr) as of December 15, 2020, according to the Department of Finance (DOF). In a statement, the DOF said the GOCCs’ remittances will help fund the government’s continuing efforts to curb the spread of COVID-19 and provide economic relief to pandemic-hit businesses and individuals. Of the P160.62-billion remitted to the Treasury, P133.50 billion represents the cash dividends from 55 GOCCs as mandated under Republic Act (RA) No. 7656 or the Dividends Law. The RA 7656 requires GOCCs to remit at least 50% of their net earnings to the National Government (NG).

When Will Alaska Airlines Get Its First 737 MAX?

When Will Alaska Airlines Get Its First 737 MAX? Advertisement: With the FAA having recently recertified the Boeing 737 MAX for commercial service in the USA, American carriers are considering its reintroduction. American Airlines has already relaunched the type, whereas other carriers, such as Southwest, are not as rushed. Alaska Airlines can also be filed under this category, given that none of its MAX aircraft have been delivered yet. But when might the first MAX arrive at the carrier? Alaska Airlines is still yet to take delivery of its first Boeing 737 MAX aircraft. Photo: Boeing An ever-expanding order Since placing an initial order of 20 Boeing 737 MAX 8 and 17 MAX 9 aircraft in October 2012, Alaska Airlines has added and swapped further examples of Boeing’s next-generation narrowbody jetliner on multiple occasions. Its most recent addition was a further 23 MAX 9 aircraft earlier this month.

Boeing Extends 737 Max Sales as Alaska Boosts Order

Boeing Extends 737 Max Sales as Alaska Boosts Order Bloomberg 12/23/2020 Justin Bachman (Bloomberg) Boeing Co. extended its sales streak of 737 Max jets as Alaska Air Group Inc. boosted an order agreement to 68 jets and announced plans to return to a mainline fleet with a single aircraft type. The airline will stop flying 20 of its Airbus SE A320-family planes immediately, prompting a one-time charge of as much as $250 million this quarter to return the aircraft, according to a company regulatory filing Tuesday. Alaska will end the year with 31 Airbus jets, which it got from buying Virgin America four years ago.

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