Ever since San Miguel Corporation (SMC - one of the biggest conglomerate in the Philippines) bought 49% of PAL, PAL is glowing tremendously! Losses are getting smaller and Profits are higher this year compared last year. My previous post:
Reviving PAL reveals the biggest aviation deal done in Philippine History and that is made by PAL. Mr. Ramon Ang (president of SMC) is familiar with industry since he is a licensed pilot and trough the track record of San Miguel under his leadership, PAL is in good hands.
So what's new with PAL?
1) Re-Fleeting for Long-Haul Airplanes.
2) New destinations
3) Return to Europe
4) New Interiors
1) Re-Fleeting
PAL is currently on a major re-fleeting program in with their short-haul and medium-haul routes. PAL has an existing fleet of 45 aircraft composed of 19 Airbus A320s, 8 A330s, 4 A319s, 4 A340s, 5 Boeing B777-300ERs, and 5 Boeing 747s. PAL's order with airbus are: 34 A321ceos, 10 A321neos, and 10 A330s. It also has another $2.5 billion option to acquire 10 more A330 aircraft.- Rappler.com
When Cebu Pacific fully embraces being an LCC, they became the leading domestic carrier in the Philippines. Actually, If it weren't for CP airfares will not go down and maybe, Pinoys are still traveling by boat.
So it's Boeing for the wide bodies =)
PAL plans to initially acquire 10 Boeing 777X aircraft, the airline's president and CEO Ramon S. Ang told reporters on the sidelines of the 5th year anniversary celebration of the Civil Aviation Authority of the Philippines (CAAP).
“It depends on the price. We are looking at the new Boeing 777X. We will buy 10 and if it performs well, we’ll exercise an option for 10 more,” he said.
“We want those planes for our long-range flights,” he added. PAL captures the most international traffic among local competitors.
PAL is undergoing a major refleeting program that involves acquiring 100 new aircraft to cut fuel costs, which account for bulk of the airline's operating costs. The new aircraft feature feature more fuel efficient engine, bigger wings, and lighter cabins. - Rappler.com
I'm excited about all the news! PAL would be another pride for the Filipinos. However, the government should act fast in fixing our airports and the congestion at NAIA. Also, regaining the category 1 status imposes by the FAA and lifting the Ban of the Philippine Carriers to fly to Europe imposes by European Union. The good news is that ICAO have lifted the SSCs this year and more or less FAA and EU will follow.
2) New Destinations
In a kick-off ceremony on Friday, April 26, PAL announced 12 new destinations in the Philippines, Southeast Asia, China, Australia and the Middle East in its growing route network.
This is double the 6 routes it previously announced in March.
The following new routes will be operated from the Ninoy Aquino International Airport (NAIA) in Manila using Boeing 777 aircraft:
Basco, Batanes in northern tip of the Philippines, starting May 1 (operated by PAL Express)
Kuala Lumpur in Malaysia, starting May 2
Darwin, Brisbane and Perth (Australia), June 1
Guangzhou (China), June 2
Abu Dhabi in the United Arab Emirates, starting Oct. 1; and Dubai, by Nov. 1
Doha in Qatar, starting Nov. 1
Riyadh, Jeddah and Dammam in Saudi Arabia, starring Dec. 1
PAL president Ramon Ang said the new routes are meant to address the needs of the overseas Filipino workers (OFWs), as well as that of the tourism market, which the Philippines is banking on as a new leg for economic growth.
PAL also will start introducing on board wifi services to the some of these new flights June onwards. By August, all their A330's will have wifi.
Also, PAL also launch new route to Sao Paulo, Brazil starting next year via Los Angeles (w/ 5th freedom rights).
- Rappler.com
3) Return to Europe
PAL plans to have direct access to key cities in Europe such as Paris, Milan, Rome, Madrid, and London as soon as the lifting of ban from the EU commission is set.
4) New Interiors
I have seen the new interiors for the Business class of PAL and It's so amazing! It's like first class! I will not post the picture here because I'm afraid of legal constraints =) Also, I don't want to spoil Mr. Ang's moment for PAL.
Photo courtesy of my good friend Mr. Kit Stephen Agad
Photo courtesy of Philippine Airlines.