Philippine Airlines Cuts 300 staff As Losses Hit $208M

Chen Chuanren March 04, 2020
PALstaff
Philippine Airlines staff in happier times. The loss-making airline has cut its headcount.
Credit: Philippine Airlines
Philippine Airlines’ (PAL) net losses reached a record PHP10.6 billion ($208 million) in 2019; the flag carrier’s issues have exacerbated in 2020 with the Taal Volcano eruptions and COVID-19 coronavirus outbreak. PAL president and COO Gilbert Santa Maria reportedly broke the news in a letter to...
Chen Chuanren

Chen Chuanren is the Southeast Asia and China Editor for the Aviation Week Network’s (AWN) Air Transport World (ATW) and the Asia-Pacific Defense Correspondent for AWN, joining the team in 2017.

Subscription Required

 

Philippine Airlines Cuts 300 staff As Losses Hit $208M is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password

Not a member?  Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.

LoginLearn How

Related Content

GOL
Daily Memo: Will GOL’s Case Of ‘Long COVID’ Result In Chapter 11 Filing?
various airlines and aircraft
Airline Industry Profits Continue To Be Marginal In 2024
Emirates A380
Carbon Analysis: Middle Eastern Carriers’ A380 U-Turn
Flybondi Boeing 737-800
Flybondi Forges Its First Wet-Lease Deal
Flyadeal Airbus A320
Flyadeal CEO Sees Continuing Rise In Gulf Passenger Numbers
Aviation Week Intelligence Network
Monitor the market and connect your business to the people, programs and proprietary data driving the Commercial Aviation market - only available with AWIN.

AVD_AWIN_270

Stay Connected.
Stay Informed.
Grow Your Business.

Learn How