Philippine Airlines pays 80% of $329m refund requests
Philippine Airlines said it has already paid back 80% of the 15.9b pesos ($329m) in refund requests it received amid the coronavirus pandemic. The carrier owned by billionaire Lucio Tan has canceled more than 60,000 flights since March, affecting over 1.3m passengers, PAL said. “The loss of revenues deprived us of liquidity to make prompt refund payments, even as lockdown restrictions posed serious staffing and logistical limitations,” it said. Philippine Air said it has restored nearly 15% of its regular local and international network and plans to ramp up flights as travel and quarantine restrictions ease. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2020-09-21/unaligned/philippine-airlines-pays-80-of-329m-refund-requests
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Philippine Airlines pays 80% of $329m refund requests
Philippine Airlines said it has already paid back 80% of the 15.9b pesos ($329m) in refund requests it received amid the coronavirus pandemic. The carrier owned by billionaire Lucio Tan has canceled more than 60,000 flights since March, affecting over 1.3m passengers, PAL said. “The loss of revenues deprived us of liquidity to make prompt refund payments, even as lockdown restrictions posed serious staffing and logistical limitations,” it said. Philippine Air said it has restored nearly 15% of its regular local and international network and plans to ramp up flights as travel and quarantine restrictions ease. <br/>
