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Philippine Airlines files for bankruptcy in US

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Philippine Airlines (PAL) announced on 4 September that it had filed a pre-packaged Chapter 11 reorganisation petition in US federal bankruptcy court to restructure...

Philippine Airlines posts net loss in first half

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Philippine Airlines posted a net loss of 16.6 billion pesos (US$330.9 million) in the six months ended June 30, compared with a net loss...

Philippine Airlines parent posts record loss, preps for restructuring

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The parent company of Philippine Airlines booked a record 73 billion pesos (US$1.51 billion) loss in 2020 after the COVID-19 pandemic severely impacted the...

Philippine Airlines cutting 30% of workforce

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Philippine Airlines (PAL) said Tuesday (2 February) that it was cutting about 2,300 employees, representing about 30 percent of the airline’s workforce, by mid-March....

Philippine Airlines may seek court restructuring

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Philippine Airlines may seek the equivalent of bankruptcy protection to restructure its operations and raise funding to survive the COVID-19 pandemic. Media reports said...

More Asian airlines cancelling services

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Low-cost carrier Jetstar Asia said  on Wednesday (18 March) it would suspend all services for three weeks from 23 March to 15 April. Singapore...

Aviation News in Brief 16 Feb 2020

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SIA Engineering in MRO JV deal with Korea: Singapore’s SIA Engineering (SIAEC) announced that it has entered into a joint venture agreement with Air...

Singapore Airshow Day 1: Gloom, doom and boom

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The 2020 Singapore Airshow opened Tuesday (11 February) to trade visitors and the picture wasn’t pretty for anyone in the commercial aerospace world. Deserted...

Boeing announces service deals for Asia-Pacific

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Boeing announced orders and agreements with Asia-Pacific airlines to support customers in the rapidly growing region. The digital and supply chain deals focus on...