Administrator
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Simple. EAL is owned by Government. PAL is 99% privately owned. Government owns just 1% of it. THA, SIA, and MAS are also now owned back by their respective governments thanks to Covid. That is why you see plenty of aircraft orders.
PAL could have been but Its former President Sonny Dominguez who was Finance Secretary said "NO". I would "give you loans to help you recover". That was what Duterte government did. PAL bailout is private funds coming mostly from BDO. Lucio Tan ownership shrunk to 76.9%, ANA 9.5%. Equity Investors owns 12.6%. The last one is important as they are the aircraft lessors and banks. They also have VETO on aircraft acquisitions. These shares is what PAL is trying to sell to third parties. To remove the proverbial albatross on its neck relating to corporate matters.
Making Sense
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In reply to this post by Arianespace
Now that's good to know there was some interest in still doing some NRT-Asia flying with UA back then as 2017 marked the end of the UA intra-Asia scissor hub and instead handing over the connecting pax to JV partner NH. Did they mention the aircraft that they intended to use in the filing?
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Administrator
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Same as GUM. They have this planned long time ago.
Making Sense
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Thanks, glad to see the Guam-based 737s getting more utilization love after losing some GUM-Japan destinations and the intra-Asia rotation attempts.
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Administrator
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They were supposed to fly triangular GUM-NRT-MNL
Making Sense
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In reply to this post by JNC03
SGI Aviation has concluded the delivery of one ex-Garuda Indonesia Boeing 777-300ER on behalf of her American client to Philippine Airlines on a long term lease.
The company was appointed as exclusive remarketing agent in respect of the remarketing for the Boeing 777-300ER bearing MSN 29146. It will be registered and fly under her new registration RP-C7783. This was the first aircraft delivered to PAL by SGI on behalf of our American client, it will be followed by her sistership MSN 29147 in the near future, both sisterships will be added to our managed portfolio. https://newsroom.aviator.aero/sgi-aviation-arranges-the-lease-of-one-boeing-777-300er-to-philippine-airlines-pal/ |
So it will be a pair of 77W from GA? I thought it was only 1, replacing 7776. If it’s true then that’s good news.
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Administrator
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As was stated earlier last year, there were two, not one.
Making Sense
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These are the 36Ns right? |
In reply to this post by JNC03
7783 to undergo cabin recon at VCV
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Administrator
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In reply to this post by Darkknight85
Yes. They are. The original GECAS planes. These are the new 77w planes to be delivered to PAL. Both are now owned by Altavair Finance based in Seattle, Washington, on long term lease contracts ending 2030. The re-marketing agent is SGI Aviation. They will still be sporting the U3 codes. MSN 29146,2013, PK-GID to RP-C7783, GE GE90-115B, c26y367, 2017 MSN 29147,2013, PK-GIE to RP-C7784, GE GE90-115B, c26y367, 2017 So if you take a closer look on delivery schedule, by the time the lease contract is about to end, the last of the 35k orders is delivered. Therefore, one-on-one replacements.
Making Sense
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Is PAL retaining the same types of seats originally used by PK-GID and PK-GIE sans first class?
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No F, GA already removed the F on both registries around 2017?
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In reply to this post by JNC03
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In reply to this post by Arianespace
Wouldn't it be useful to PAL to extend the lease of these two frames for a few more years to serve AU and intra-asia routes? As it is, I think they have a shortage of medium-haul aircraft... we can see from time-to-time AU flights using the high density A333s originally assigned to the ME. Leads to a lot of complaints from pax to AU... those 2 frames can even at their current state, for me is a step up to the ME A333s used to AU. |
It’s funny coz PAL flights to SYD and MEL are restricted in the bilateral based on the number of seats. But PAL has been sending the high-density A333s to MEL, and they’ve been fully booked. There’s no way that PAL is hewing to the bilateral with all the extra capacity that they’re selling. Does anyone have the numbers on whether it evens out to the low season? |
Not only MEL... but SYD most of the time the past few months...8771 is the go to high density plane to SYD... |
In reply to this post by seven13
Yup, there's only two GA 77Ws left with F.
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In reply to this post by romantic_guy08
More one-stop competition for PAL to LAX and SFO...
This time from Starlux from CRK... |
In reply to this post by Arianespace
It’s C7776’s last revenue flight today from PR113.
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