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29
Sep

Gov’t threatens action vs PAL over billions in unpaid fees

on Friday, 29 September 2017 00:39.

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BusinessWorld Online

THE Duterte administration is going after Philippine Airlines, Inc. (PAL) over P7.3 billion in alleged unpaid fees, as President Rodrigo R. Duterte threatened to cut off the flag carrier’s access to the Ninoy Aquino International Airport (NAIA) Terminal 2.

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27
Sep

Terminal Fee of domestic airports to be merged into Cebu Pacific ticket price

on Wednesday, 27 September 2017 00:38.

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Manila Bulletin

The Philippines’ leading airline, Cebu Pacific (PSE: CEB), has integrated the Domestic Passenger Service Charge (DPSC), more commonly known as the “Terminal Fee” into the cost of its tickets for all domestic flights operating out of airports managed by the Civil Aviation Authority of the Philippines (CAAP). The integration of the terminal fee DPSC across all booking systems of Cebu Pacific took effect last September 15, 2017.

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27
Sep

PAL restructuring approved

on Wednesday, 27 September 2017 00:35.

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By Miguel R. Camus | Philippine Daily Inquirer

Flag carrier Philippine Airlines Inc. has obtained regulatory approval to restructure its equity—a development that it expects will make it more attractive to investors.

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27
Sep

SEC clears PAL’s equity restructuring

on Wednesday, 27 September 2017 00:36.

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By Louella Desiderio | The Philippine Star

MANILA, Philippines — Philippine Airlines (PAL) has secured the approval of the Securities and Exchange Commission (SEC) to decrease its capital stock, a move that would allow the flag carrier to attract new investors.

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25
Sep

PAL trims flights to Auckland

on Monday, 25 September 2017 00:33.

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By Louella Desiderio | The Philippine Star

MANILA, Philippines — Flag carrier Philippine Airlines (PAL) is reducing flights on the Manila-Cairns-Auckland route amid a cut in fuel supply at the Auckland airport in New Zealand.