Philippine Airlines Plans Debt, Lease Restructuring, Reports Say

PAL
Credit: Joe Pries
Philippine Airlines (PAL) is the latest airline seeking to restructure its debts and aircraft leases as a measure to survive the COVID-19 crisis. The carrier is believed to be negotiating with lessors to return some of its aircraft early as part of a recovery plan, according to reports from Nikkei...
Adrian Schofield

Adrian is a senior air transport editor for Aviation Week, based in New Zealand. He covers commercial aviation in the Asia-Pacific region.

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