Tag page - PAL CHAPTER 11 FILING

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US Court approves PAL's recovery plan
PSX_20211129_155403 New York's Bankruptcy Court has approved Philippine Airlines, Inc. (PAL)'s reorganization plan, the flag carrier announced. “Today’s court approval represents a critical moment in our journey to emerge as a stronger airline," Gilbert F. Santa Maria, PAL president & chief...
Manila Bulletin

US bankruptcy court allows PAL to operate normally and access funds
Philippine Airlines Inc. (PAL) today (September 10, 2021) announced that the United States Chapter 11 court approved all “First Day” motions on an interim or final basis for its voluntary restructuring, following petitions filed on September 3, 2021. pal-aircraft_316x210px This is the initial...
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