Philippine Airlines Close to Building Foreign Partnership
Ramon Ang, President of Philippine Airlines, indicated to reporters earlier this week that the airline is close to sealing a partnership with a foreign carrier. The airline began seeking potential partners to assume a portion of the stake in Philippine Airlines held by Lucio Tan earlier this year.
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| Copyright Photo: Angelo Agcamaran/PPSG |
"Looks like malapit na [it's upcoming]," said Ang when questioned on the progression of talks with Japan's All Nippon Airways. Ang revealed in July that ANA had expressed interest in a possible investment in Philippine Airlines and that a potential partnership could materialize by the end of the year. All Nippon Airways is the largest airline in Japan. It was the launch customer for the Boeing 787 aircraft and presently operates daily flights between Tokyo and Manila. ANA is currently the only foreign carrier operating from Ninoy Aquino International Airport Terminal 3.
However, Ang declined to elaborate further on a possible deal and would not confirm if the foreign partner was in fact Tokyo-based All Nippon Airlines.
It is unfortunate to hear that PAL's new route to London is proving not popular. Load factors are reported to be between 24 - 40 percent - which is indeed disastrous. Perhaps there was wisdom in Lucio Tan's decision to end the European services of PAL, an airline virtually unknown in Europe.
ReplyDeleteIkaw na ihire nating tao nato as consultant. haha
DeleteSame thing happened last november 2012 when pal started its non stop flight between Manila and Toronto as it reported to have only 20-40 percent load factor,then by January 2013 Pal decided to have it a 1 stop flight between Manila-Vancouver-Toronto, and last July 2013 Pal announced that they will stop its Toronto route but later The Pal Board decided to continue its Toronto service.
ReplyDelete