![PAL](/sites/default/files/styles/crop_freeform/public/2021-06/pal_strafp_via_getty_images.jpg?itok=Z55fSc7s)
Credit: STR / AFP / Getty Images
Philippine Airlines (PAL) has confirmed that it is nearing a restructuring to ensure the airline’s survival as it posted a record annual net loss of PHP73 billion ($1.5 billion) for fiscal 2020. Auditors have flagged concerns over the flag-carrier’s ability to continue because of its mounting...
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Philippine Airlines To Restructure, Awaits $500M Injection is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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