(08 Feb 2021)
Philippine Airlines (PAL) is reducing its personnel by
about 2,300 employees, approximately 30% of its workforce.
The total includes both voluntary separations and
involuntary retrenchment. The affected personnel will continue to
be employed until mid-March 2021.
“This has been an extremely difficult and painful
decision,” said PAL President Gilbert F. Santa Maria. “For our
colleagues who are leaving, rest assured that we are committed to
support you through this transition. We extend to you our deepest
gratitude for your years of hard work and dedicated service, and
we will always cherish the ties you have established with the PAL
The retrenchment is part of the
company’s overall recovery initiatives amid the ongoing COVID19 pandemic
that has massively affected the global airline industry.
currently operates less than 30% of its normal pre-pandemic number
of weekly flights, held down by lower travel demand and travel
restrictions around the world and throughout Philippines.
Since March 2020, PAL has suspended capital expenditures, reduced
management salaries, deferred lease payments and slashed
The affected employees will continue to receive
their salaries and medical benefits until the effective date of
Travel Industry News,
Busy Year Ahead for Banyan Tree as Group Prepares to Open 8 Hotels