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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...
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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.
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