Philippine Airlines filed for Chapter 11 bankruptcy in New York with a lender-supported plan that helps the country's main carrier recover after the Covid-19 pandemic devastated global travel. The company aims to cut US$2 billion (S$2.68 ..
REUTERS Philippine Airlines [RIC:RIC:PHL.UL] will return 22 aircraft, mostly Airbus (AIR.PA) and Boeing (BA.N) jets, to lessors as it pursues a financial restructuring programme to survive after the pandemic has decimated globa..
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