Philippines Airlines to order 100 new aircraft
May 21, 2012, 12:57 pm
#16
Join Date: Mar 2010
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May 25, 2012, 5:22 pm
#17
Join Date: Apr 1999
Location: Philippines
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Then there is talk of moving all international operations to Clark Airport and build a rail link to Manila. I wonder if this is connected to their long term dream!
Jun 15, 2012, 3:02 am
#18
Join Date: Apr 2008
Posts: 534
Philippines Airlines to order 100 new aircraft
Interesting, I wonder what airline they'll be purchasing.. I read somewhere this strategy is to enable PAL to circle around the category 2 restriction on Philippine-based carrier.
MANILA (Reuters) - Diversified conglomerate San Miguel Corp (SMC.PS) wants to expand its airline business via a regional acquisition and by growing its fleet as it seeks to reclaim the top position its unit Philippine Airlines (PAL.PS) lost to budget carrier rivals.
Source: http://uk.mobile.reuters.com/article/idUKBRE85D0PF20120614?irpc=932
MANILA (Reuters) - Diversified conglomerate San Miguel Corp (SMC.PS) wants to expand its airline business via a regional acquisition and by growing its fleet as it seeks to reclaim the top position its unit Philippine Airlines (PAL.PS) lost to budget carrier rivals.
Source: http://uk.mobile.reuters.com/article/idUKBRE85D0PF20120614?irpc=932