The Court of Appeals has upheld Malacañang in its decision to allow Philippine Airlines to axe 2,600 employees in 2010, saying this was a valid management move to revive the money-losing airline.
International airline passenger traffic to the Philippines grew below expectations last year as carriers struggled to add capacity into Manila due to airport congestion, the government reported this week.
Boeing said Friday it sees commercial flights of its grounded 787 jets resuming “within weeks” even though it has not pinpointed the cause of battery overheating.
The aggressive expansion of flag carrier Philippine Airlines (PAL) has hit an unexpected speed bump as it puts on hold a potential multibillion-dollar order for new planes from American firm Boeing Co. due to safety issues.
Boeing sent a 787 up on a test flight Saturday, the first since the new airliner was grounded three weeks ago because of a battery fire.
Southeast Asian Airlines (SEAir) posted hefty losses in October to December last year, as the company worked to expand its route network with the backing of Singapore’s Tiger Airways, one of its major shareholders.
