I ran across this article while surfing for airline news. Would there be room for PR in OW?
PAL does not exclude also joining an alliance, most probably in a 2- to 3-year time frame. Oneworld could be one of the best options, as PAL enjoys a strong relation with Cathay Pacific, as well as Malaysia Airlines. The carrier’s network, with its extensive flights to North America and North Asia (especially to Japan), as well as Australia, could, in fact, fit very well into Oneworld's own global network. Flying to Munich could also create synergies with Air Berlin.
Optimism at Philippine Airlines