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Old February 18th, 2009, 07:56 AM   #41
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what routes will PAL use the A380?
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Old February 18th, 2009, 12:28 PM   #42
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Quote:
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what routes will PAL use the A380?
im guessing MNL-LAX first then MNL-SFO.
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Old February 18th, 2009, 02:49 PM   #43
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what routes will PAL use the A380?
I guess they will use it MNL-LAX. But it's not yet official that they will order Airbus 380. But they will announce it before 2009 ends.
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Old February 18th, 2009, 05:39 PM   #44
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Is it official already that they ordered A380? if it does, how many they have been ordered? Good news for PAL.
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Old February 18th, 2009, 05:40 PM   #45
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Philippine Airlines Reduces Fuel Surcharges

Philippine Airlines has again reduced its fuel surcharge by as much as US$38 on selected international flights originating from Manila in response to the past months’ improvement in world oil prices.

Passengers on some international flights started enjoying the lower fuel surcharge since last February 14. The last in a week-long series of surcharge reductions takes effect on February 20.

The latest surcharge reduction is being applied on each one-way tickets from Manila to selected international destinations.
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Old February 19th, 2009, 03:47 AM   #46
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Is it official already that they ordered A380? if it does, how many they have been ordered? Good news for PAL.
not yet, but they are interested to purchase at least 4. 2 will be purchase and 2 will be lease.
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Old February 19th, 2009, 04:29 AM   #47
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cool - i wonder if YVR (Vancouver) will get the A380
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Old February 19th, 2009, 06:14 AM   #48
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I read once that YVR is or will be PAL's North American hub. It'll probably get the A380 if they decide to buy it.
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Old February 19th, 2009, 07:55 AM   #49
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that's good news.
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Old February 20th, 2009, 01:22 PM   #50
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Philippine Airlines Ad (mid 80's)

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Old February 20th, 2009, 01:26 PM   #51
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Philippine Airlines Ad (version 2)

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Old February 20th, 2009, 01:28 PM   #52
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Philippine Airlines (Cebu Ad)

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Old February 20th, 2009, 01:34 PM   #53
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Philippine Airlines A340 landing smoothly

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Old February 20th, 2009, 01:36 PM   #54
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Philippine Airlines Boeing 747-400

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Old February 21st, 2009, 02:16 PM   #55
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PAL losses $219 million to fuel hedges
$219 million reasons to defer new PAL widebody orders

February 20, 2009

MANILA - Flag carrier Philippine Airlines (PAL.PS) officially reported to the Philippine Securities and Exchange Commission (SEC) a total comprehensive losses of $219.86 million for the period ending December 2008.

In a financial statement submitted yesterday, the airline attributes its actual and mark-to-market losses from its fuel hedging contracts.

Philippine Airlines is the latest in a string of Asian airlines to disclose losses relating to fuel hedging at $ 219 million. Last week, Singapore Airlines revealed $225 million losses on hedging. Air China, China Eastern, Cathay Pacific, Shanghai Airlines and Thai Airways have all also flagged up mark to market losses. A Merrill Lynch report predicts nine Asian carriers will report $3.8 billion in estimated losses from contracts tied to fuel hedging in 2008.
The airline incurred a net loss of $113.8 million for the first half of its fiscal year which ended on Sept 30 as compared to its booked income of $22.7 million in the same period last year, and it went earning $30-million profit in 2007.

Other than massive losses on fuel hedge, all indicators point to a positive growth as it defied worldwide recession. PAL's operation remains the only bright spot in Asia Pacific as other legacy airlines registered declining traffic figures. The airline revenues for the third quarter increased by 15 percent to $405.90 million.

Passenger demand remained robust as PAL carried 2.34 million passengers during the same period - 24 percent higher than previous year’s figures.

Passenger load factor was also at 74 percent thanks to the continued patronage of overseas filipino workers and migrant filipino traffic.

For the first nine months of its fiscal year, PAL carried a total of 6.5 million passengers, a 16 percent jump over the same period the previous year.

Philippine Airlines is expected to post an income for the period January to March 2009, the last quarter of its current fiscal year which ends March 31.

PAL in a statement said that it expects better fourth quarter results as it takes advantage of lower fuel prices in the world market.

PAL’s total expenses for the quarter rose by 58 percent from last year to $586.96 million. Fuel continued to be the company’s top operating expense but PAL succeeded in controlling other expenses and keeping them in check. The company already delayed the delivery of its new Boeing 777-300ER aircraft to November this year and deferred the refurbishment program of its 4 Boeing 747-400 this year to save cost. It was originally scheduled to be done last year. The airbus 340 refurbishment program was also deferred for one year. It was supposed to be done this year. It is unlikely to announce new widebody orders until the end of the year.

The airline also announced that it has no plans of grounding their planes amidst the recession even if other airlines started doing so. Singapore Airlines and Qantas recently announced grounding their aircraft due to poor loads.

Philippine Airlines instead joins Emirates Airlines in expanding its capacity this year by adding frequency to its domestic and international network. In fact, the airline is scheduled to take delivery of additional aircraft as part of its refleeting program. It intends to fly double Daily to Los Angeles by November.
The airline expects a modest growth in 2009. Bautista added that they will be happy if they will be able to achieve the same number of eight million passengers carried in 2008.

The International Air Transport Association(IATA) estimated that airlines lost a total of $5 billion in 2008 brought about by both the slowing global economy and the unprecedented volatility of fuel prices. It also said that some carriers were unlikely to reap the full benefit of the drop in fuel prices until 2010.The airline industry may lose as much $2.5 billion this year as traffic declines, with carriers in the Asia-Pacific region accounting for almost half of the deficit.
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Old February 23rd, 2009, 04:30 AM   #56
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Philippine Airlines to Add NEW DELHI,INDIA TO ITS ROUTE NETWORK. MOSCOW IS NEXT?

[IMG]http://i44.************/fa4k94.jpg[/IMG]
Philippine Airlies B777 ER Aircraft

[IMG]http://i40.************/zjccjc.jpg[/IMG]
New Delhi , India

[IMG]http://i42.************/2qsw8w3.jpg[/IMG]
Moscow, Russia

In a Business Mirror interview dated February 23, 2009, Philippine Tourism Secretary Joseph 'Ace' Durano said that he expects Philippine Airlines (PAL) to fly to New Delhi from Manila in the middle of this year. Durano cited India as a good and promising source of tourists and business visitors for the Philippines. India is second to China as the biggest growing economy in the Asia-Pacific region.

Durano also cited that Russian visitors to the Philippines have been significantly growing and emphasiezed that country's potential paving the way for a direct Philippine Airlines route between Manila and Moscow.

To read the whole Business Mirror article (February 23, 2009) http://businessmirror.com.ph/index.p...news&Itemid=58
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Old February 23rd, 2009, 04:59 AM   #57
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Philippine Airlines to Add NEW DELHI,INDIA TO ITS ROUTE NETWORK. MOSCOW IS NEXT?

[IMG]http://i44.************/fa4k94.jpg[/IMG]
Philippine Airlies B777 ER Aircraft

[IMG]http://i40.************/zjccjc.jpg[/IMG]
New Delhi , India

[IMG]http://i42.************/2qsw8w3.jpg[/IMG]
Moscow, Russia

In a Business Mirror interview dated February 23, 2009, Philippine Tourism Secretary Joseph 'Ace' Durano said that he expects Philippine Airlines (PAL) to fly to New Delhi from Manila in the middle of this year. Durano cited India as a good and promising source of tourists and business visitors for the Philippines. India is second to China as the biggest growing economy in the Asia-Pacific region.

Durano also cited that Russian visitors to the Philippines have been significantly growing and emphasiezed that country's potential paving the way for a direct Philippine Airlines route between Manila and Moscow.

To read the whole Business Mirror article (February 23, 2009) http://businessmirror.com.ph/index.p...news&Itemid=58
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Old March 9th, 2009, 07:32 AM   #58
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PHILIPPINE AIR LINES WIN ASEAN TOURISM PHOTO AWARD


MANILA, FEBRUARY 23, 2009 (STAR) Best of the best: Erwin Lim’s photo (shown at Left) of migratory birds at Tubbataha Reef An award-winning image of a flock of migratory birds crammed on an islet at the Tubbataha Reef was recently judged Best ASEAN Tourism Photo by the ASEAN Tourism Association (ASEANTA) during the 23rd ASEANTA Awards for Excellence in Tourism 2009 held recently in Hanoi, Vietnam.

Philippine Airlines (PAL) submitted the photo as an entry to the ASEANTA Excellence Awards after it appeared in PAL’s inflight magazine, Mabuhay.

Erwin T. Lim, a 38-year-old dentist-photographer from Cebu City, captured the image while on a four-day live-aboard dive safari to the Tubbataha Reef. Erwin recounts, “The scene was so picturesque that I almost didn’t feel my skin burning under the heat of the sun. Lying flat on the sand, I slowly crawled my way toward the birds.”

Erwin’s photo, taken with a Nikon D200 camera using a 70-200 mm f2.8 VR lens, was one of the 10 finalists (landscape division, professional category) in the first PAL Photo Contest held June to September 2007. Mabuhay magazine featured the finalists in its April 2008 issue.

This time, the photo was picked among 40 entries that vied for seven awards recognizing excellence in tourism promotion in ASEAN.

“There were many good entries, but we could only give awards to the best-of-the-best,” said Felix J. Cruz, president of ASEANTA who is also vice president for marketing of Philippine Airlines.

Awards were also given to the best tourism article (“Penang Past & Present” from Silver Kris, Singapore), best tour package (“Intrepid: South East Asia” by Intrepid Ltd. of Thailand), best new tourist attraction (“Singapore Flyer”), best cultural preservation effort (“Cua Van Floating Cultural Center – Ha Long Bay Eco-Museum” from Vietnam) and best conservation effort (“A Journey to Keep the World Beautiful with Thai” by Thai Airways).

Through the awards, ASEANTA encourages tourism development and promotion among companies, organizations and individuals coming from ASEAN.

ASEANTA was formed in 1981 as the “umbrella” organization of national airlines and national travel agencies and hotel associations of the 10 ASEAN countries (Brunei Darussalam, Cambodia, Indonesia, Laos PDR, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam).

Just follow the link for the pic.
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Old March 9th, 2009, 02:22 PM   #59
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Philippine Airlines' horror third quarter, -53% net margin

February 24, 2009

PAL Holdings, the parent of Philippine Airlines, had a disastrous quarter ended Dec-08, registering a net margin of -53% in the period - one of the worst results of airlines globally recorded to date by the Centre for that period. The massive US D215.9 million net loss included USD42.4 million in actual and mark-to-market losses from its fuel hedging contracts. The company reported a net loss of USD17 million in the same period last year (attributed to a USD26 million currency loss).

The Dec-2008 quarter losses came despite a 17% increase in revenue to USD409 million, helped by higher yields and rising passenger numbers. PAL carried 2.34 million passengers during the three-month period, up 24% year-on-year, with a passenger load factor of 74%. PAL cited the "continued patronage of overseas Filipino worker traffic" for the increase in demand. But traffic from this segment could be imperilled if job losses flow as a result of the global economic downturn.

Expenses rose 47% in the Dec-2008 quarter, mostly related to flying operations (+52%) where high fuel prices continued to affect PAL, maintenance (+9.1%), aircraft & traffic servicing (+15.8%), as well as higher passenger service, reservation/sales and general/administrative costs. "Other expenses" increased 4.2 times, relating to unrealised changes in the fair value of outstanding hedges.

The airline had a USD9.9 million currency gain in the Dec-2008 quarter. PAL Holdings incurred losses of USD287 million for the nine months to 31-Dec-08.
Better last quarter seen - it can't get much worse

In a statement, PAL said it expects better fourth quarter results as it takes advantage of lower fuel prices in the world market. The airline stated, "with the concerted efforts of management and employees to cut costs and improve operating margins, PAL expects to turn around its financial performance and post an income for the [three month] period to March 2009".

But the expected profit will not be enough to pull the full-year result into the black. On 11-Feb-09, PAL confirmed it expects to report a full-year loss, following last year's USD30 million profit.

Looking ahead, lower fuel prices will continue to help PAL. The may also be a surge of returning workers, as job conditions elsewhere deteriorate. But beyond that, an uncertain economy and stiff competition at home will present continuing challenges.

PAL will be able to draw on the fact it has done the hard yards in restructuring while times are good, so it faces the year ahead with at least that confidence. - CAPA
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Old March 9th, 2009, 02:23 PM   #60
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Philippine Airlines shines in Vancouver
As other Flights in and out plummet
By Michael Kane

Traffic at Vancouver International Airport plummeted 16 per cent last month to 21,105 aircraft movements from 25,421 in January last year. That compares to a national drop of 12.9 per cent, Statistics Canada reported Tuesday.

After welcoming a record 17.85 million passengers last year — 350,000 more than in 2007 — Canada’s second-busiest airport is expecting a drop-off of about 4.5 per cent this year.

While a number of airlines have announced capacity reductions at YVR, others are expanding service for the spring and summer, said airport spokeswoman Kate Donegani.

Singapore Airlines said it is pulling out of Vancouver in April because of falling passenger volumes. However, Philippine Airlines is increasing flights to Manila from five to seven a week in March and China Eastern Airlines will offer daily service to Shanghai starting in June, up from three times a week.

Donegani said YVR was still tracking its own numbers for aircraft traffic in January, but a decline had been expected because of the economic downturn.

While fewer flights mean fewer landing fees, Donegani said the Vancouver Airport Authority is committed to to keeping its landing costs to the airlines as low as possible. It currently has the lowest landing fees of any major airport in Canada.

Nor does it anticipate raising its $15 airport improvement fee charged to most passengers.

“This airport and airports around the world are facing some challenges with the economy being what it is, but we’ve budgeted for that and anticipated some reduction in this year’s business,” Donegani said.

Most of the airport’s $1.4-billion expansion program will be completed this year and no financing difficulties are anticipated, she said. While the airport is trying to minimize costs, no layoffs are planned. [email protected]
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