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Philippine Airlines pays debt


The Civil Aviation Authority of the Philippines (CAAP), the country’s regulatory body for civil aviation, welcomed the move by flag carrier Philippine Airlines (PAL) to settle its P283-million outstanding accounts with the authority, saying that the money would be used to improve and upgrade its infrastructure.

According to CAAP Director General Ramon Gutierrez, the settlement by the airline of its  arrears for fiscal year 2011 is a big boost to the CAAP as far as its cash position is concerned in its effort to comply with the standards set by the International Civil Aviation Organization (ICAO) and to rectify the significant safety concerns (SSCs) raised by the Federal Aviation Administration that would merit the regaining Category 1 status.

Gutierrez added that the payment made by the new PAL management was a gesture of goodwill and commitment in developing trust and confidence between CAAP and PAL.

CAAP chief financial officer Dr. Abner Bondoc clarified, however, that CAAP continued to reconcile the PAL accounts for the year 2010 and backwards.

Bondoc said consultations between the two parties were ongoing to discuss the terms of payment which would be beneficial to both the regulator and the regulated.  Tina G. Santos


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Short URL: http://business.inquirer.net/?p=62677

Tags: aviation , Business , CAAP , Philippine Airlines

  • http://www.facebook.com/leonardo.vega.1232 Leonardo Vega

    as long as PAL do not replace it’s fleet of steward and stewardesses, I will never use their services.  I had a bad experience with their services.  They always serve foreigners first before their countrymen.  What a shabby way to treat us.

  • yonp

    So, now PAL is liquid. He he he. Kawawa naman ang mga PALEA members na hanggang ngayon, nag i i strike parin sa Terminal 2.  Their welfare was scrifice in favor of the new owner, and the SC has a big participation on these. They did not issue a TRO on the dismissal of permanent employees and the dismantling of their Labor Union. Kawawa talaga ang mga Pilipino sa sarili nilang bayan. Inaapi sila ng Chinese Dominated Government natin, kasama na si PNoy at ang SC na binubuo ng mga Chinese Judges.

  • http://pulse.yahoo.com/_VYOIJWB3T5AQZVG4JRRQHCU2BI John

    I encourage Congress to pass a resolution to change PAL to San Miguel Airlines or Magnolia Airlines or could be BMEG Airlines.

    Wala naman maipag malaki yang PAL sa atin bayan.The former Glory and Prestige of PAL is gone since it was handed over to this RICHE RICH business communities only utang and subsidies from govt then ibalik uli sa bayan once no more sap to suck.

    Dont use PAL on your business SanMIG.

  • http://joboni96.myopenid.com/ joboni96

    bakit pinabayaang
    lumaki ng ganyan????

  • http://pulse.yahoo.com/_Q3QGG5QHBLRMZTIYWUFURY6J2E Night

    gusto ninyo ma revive ang PAL….. mass termination lahat ng mayabang, oldies at kupaloid na staff…….. 

    ipalit mga chikababes from assumption, holy spirit, miriam at chabebes na malibog

  • ztefertilizerscam5

    Sept. 16, 2011 – Estelito Mendoza wrote the 2nd letter to SC asking reconsideration for FASAP case. – Same Date – CJ deposited P1M to BPI.

    • http://pulse.yahoo.com/_MPBMZRNRMHVBOO7QYJKKF247LU Joel

       …easy money for ex-CJ.

  • http://pulse.yahoo.com/_UZUKLMUNUB5AQNP6MOR2Q7PT5Y mervin s

    ok lang po sana medyo may edad na stewardess nyo,

    kaya lang minsan susungit pa.

    mag cebu n lang,  mga bata pa stewardes at mababait pa.

    • kismaytami

      Pero bago ka maka-board sa CP, mga masusungit na ground personnel ang dadaanan mo.

      • http://www.facebook.com/jeo.jagonia Jeo Jagonia

        kukunin pa lahat coins mo sa bulsa pag mag xray na! sabihin ng guard akin na lang yan sir di mona magagamit sa abroad.. corrupt talaga pinas. before pa sa airport kukuha kalang ng OEC(don’t know the purpose of this) sa POEA, 3 hours ka maghintay.. siguro kasi wala akong ininsert na lagay sa passport ko.

    • Handiong

      On a flight from Hong Kong to Manila, I ordered a bottle of perfume for my wife from a stewardess who was about 45 years old. She didn’t come back to me until the plane was already preparing for landing only to tell me that the purchase could no longer be done because we were landing. Not to be uncharitable, she is not your idea of a stewardess. I surmised that she got employed with PAL not on her merits but because of connections.

    • http://pulse.yahoo.com/_MPBMZRNRMHVBOO7QYJKKF247LU Joel

       …at mga kumekendeng pa habang nagde-demo

  • http://pulse.yahoo.com/_WWZMSQ4Z74QJUPXFOMEKD6KKFM kronos

    Improve your cabin service by treating filipinos with MORE RESPECT!!!

  • flybizz777

    lets get the PAL revival train going!



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