Philippine Airlines Defers Deliveries, Adds Cost Controls After Q1 Loss
Philippine Airlines (PAL) has announced cost-control strategies after recording a PHP9.4 billion ($184 million) loss for the first quarter (Q1) of 2020. To preserve cash, the flag-carrier said it will defer aircraft deliveries, move to a “skeletal” workforce and halt capital expenditure. PAL...
Subscription Required
Philippine Airlines Defers Deliveries, Adds Cost Controls After Q1 Loss 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.
Related Content
