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Philippine Airlines files for bankruptcy protection in US

... having an IOSA certificate. PAL's chief financial officer, Nilo Thaddeus Rodriguez, said the company would make every effort to complete the restructuring on its own. At the same time, the results of its holding will depend on how quickly the world tourism business begins to recover. Many countries are still closed due to the coronavirus infection. The head of the carrier, Lucio Tan III, also announced the company’s plans to continue the flights. The grandson of PAL's CEO, a prominent Filipino billionaire,...

Modified: 09.07.2021
Philippine Airlines , bankruptcy , company bankruptcy , USA , airline , tourism , coronacrisis
Path: РусБанкрот - СМИ
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