Expat Community > Philippines

surfingcebu
Joined 2017
Posts: 3007

Philippine Airlines- Bankrupt!

3 years ago

PAL made it official today and claimed bankruptcy. Many of its aircraft are being taken back by the owners leasing the aircraft to the airlines. They are getting nervous. The airline is grasping at straws and trying to get millions of dollars from investors to sick some more money into the this very sad airline. Also Philipine government is putting precious money into the airline as well. I think the government maybe borrowing money to sink into PAL … when kids go hungry tonight . The service and cleanliness of the airline has been going downhill for years . Maintenance is slipshod at best . Many Avionics don’t work as a regular course of routine too. Should PAL be propped up?

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