filipinoavgeek wrote
Am I getting what's been discussed here right? LT himself loves PAL and knew how to run the airline, the issue is that he is already very old and thus is no longer in control, and his family members are the ones who don't know how to run an airline? So the issue isn't LT himself but rather his family members and the BOD?
Of course they do. They just managed to pull the airline out of Chapter 11. They could have just let PAL go but they didn't.
The real issue is the BOD interfering in management decision. Considering its their own money, they have right to do so. They are not just as aggressive considering what they've been to compared to the likes of other airlines, ie CEB, which received capital boost and is now substantially owned by Indigo Partners LLC, and the likes of other Southeast asia airlines, which ownership reverted back to government after covid19. PAL stayed in private hands. For that its already achieving itself.
Making Sense