I think PAL is just fine enjoying the revenue on its ancillaries bleeding PAL OUT OF what is due the airline. They are always trumpeting the 9+3 A35Ks and the budget allotted for the 18 321ceo.
Again, there are so many aircraft available in the market from 787s, 350s, 330s it is just a matter on the maintenance due them or how much, but point is - it has always been there and available and yet..... While airlines are re-visiting and reactivating their ac at storage places and some are being picked up as purchased by other carriers, these executives are so preoccupied in their bubble, and I have noticed even the management officers seem nonchalant at all |
In reply to this post by Gustavo J Oppenheimer
Is it true that CEB-KIX resumption was pushed again to late-December?
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In reply to this post by JNC03
RP-C8786 is in France right now
What is the purpose of the trip to CHR? |
The Gokongweis and the Ayalas are in talks for yet another major deal, this time for Cebu Pacific’s acquisition of boutique airline AirSWIFT from the Ayala Group’s property arm Ayala Land Inc.
The budget carrier’s acquisition of AirSWIFT, which may be sealed in two months barring any headwinds, is seen boosting domestic tourism especially in the coastal town of El Nido in Palawan. “The deal may be closed in two months or earlier,” an industry source said, adding that it is a win-win for both the Gokongwei and Ayala conglomerates. The deal, which would see Cebu Pacific take over the airline’s ownership, would be a game changer for the Gokongwei-led low-cost carrier as it would enable it to capture the El Nido market Thus, as the airline grew bigger, the Ayalas deemed it was a good time to exit the company especially because running an airline business is not among the group’s core competencies, sources said. https://qa.philstar.com/business/2024/07/22/2371885/cebu-pacific-talks-acquire-airswift/amp/ |
Administrator
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In reply to this post by JNC03
PAL is hearing lament on this forum about the 86
Making Sense
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and it stops there |
In reply to this post by Arianespace
Until PAL puts in a huge order of planes, they will soon be a lame sitting duck in the local industry while Cebu Pacific seizes every opportunity it can to capture the market.
Plus the Gokongweis buying AirSwift? I doubt its for El Nido only. I see something bigger. Something that may either: 1. Become a wake up call for PAL to get back on their feet. 2. Make PAL another Alitalia story. |
October is just a few months from now. Does PAL have enough planes for SEA? What happened to 7784?
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In reply to this post by Evodesire
You are right on the AirSwift premise. First the airline is a legacy exclusive resort model, having said that, it will be a brand that the 5J group can develop on the legacy lane without veering from their successful tested money generating LCC operations. Eventually that will be their litmus test on baby steps for a parallel model to cater to the market not amenable to LCC patronage. So yes PAL peeps better start smelling the strong brewed coffee right up your noses. |
Cebu Pacific will begin flying Cebu - Osaka, something that PAL announced they will revive but seems to not have moved forward yet. The advantage of having enough planes. And the advantage of having a BOD who supports and trusts their executives.
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The BOD for as long as the surname is the same will not see anything glorious happening that we all pray for one day. True it is not far from going ALITALIA |
Kayo naman.
PAL isn’t going anywhere anytime soon. They’re profitable. Their decisions, while annoying for the riding public, still benefit their bottom line. They will get A35Ks that will improve their bread and butter transpac routes, which somehow still managed to make money despite the presence of Taiwanese Carriers offering sixth freedom connections and UA flying SFO-MNL It is very, very difficult for foreign airlines to penetrate NAIA while it is slot-restricted. So they have little competition from above and at the very least, they offer better customer service than Cebu Pacific from below. Alitalia went because there was just no way for it to be profitable. So many tried, and it was just easier to start from scratch. Now ITA airways is there. At the end of the day, PAL is operating in an environment where mediocrity can be tolerated. There really is no big reason to rock the boat. And it’ll be this way for the next decade at least. |
In reply to this post by JNC03
A lot orders for Boeing today at the day 1 of FIA2024
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In reply to this post by JNC03
5J confirms the news, though they are in exploratory talks for now
https://edge.pse.com.ph/openDiscViewer.do?edge_no=8a4a8a3acc63cfb6abca0fa0c5b4e4d0 |
5J also officially signed the MoU with Airbus for the huge A320 NEO family order
https://newsroom.aviator.aero/cebu-pacific-celebrates-agreement-for-up-to-152-a321neo-aircraft-order-with-airbus-rtxs-pratt-whitney/ |
In reply to this post by Solblanc
For now, PAL seems safe, but if they continue all the reactive decision making style instead of employing a proactive style of decision making, everything will catch up on them, in which it may be hard for them to already get up. For as long as they continue with this tradition, folding up is not a matter of "if" but "when".
In the statement "prevention is better than cure", they go for the cure. But then again, it may be too late. Everything is already right in front of their noses. They lack planes, resulting to massive loss in revenue due to cancelled flights and recovery flights. Their planes are old or overused, resulting to technical problems. They don't have reserved aircraft. What happened to 7784? What happened to CEB - KIX? What happened to MNL - CTS? Both Boeing and Airbus CMOs are showing a strong rise in travel demand. Airlines globally, be them LCCs and FSCs, are ordering planes to take advantage. Even 5J acknowledges this and they have done something in preparation. But PAL continues on being that mediocre airline because "they are different". Only time I see them having a bright future is if they order more planes. That's the only time. Medyo nakakaumay na ang "we have 22 planes for delivery, 9 A350-1000s and 13 A321neos". Hello, compared to other airlines globally with more than 50 on their order books. |
In reply to this post by JNC03
Cebu Pacific is selling its two ATR freighters as its shifts back to an all-passenger fleet while continuing to serve the cargo market using belly capacity.
“These 72-500s we will be stepping out of – it’s a niche market. They are great aircraft but somebody else will do a better job of it than we will,” Cebu Pacific chief executive Mike Szucs told FlightGlobal at Farnborough air show on 22 July. Szucs notes that while the freighters were “brilliant for us” during the pandemic when passenger aircraft were not flying, the post-Covid market is different. https://www.flightglobal.com/airlines/cebu-pacific-selling-its-two-atr-freighters/159280.article |
Cebpac was never really a great cargo airline. PAL is actually cheaper in routes where they compete. Maybe PAL would like to get these freighters |
In reply to this post by Evodesire
Only time I see them having a bright future is if they order more planes. That's the only time. Medyo nakakaumay na ang "we have 22 planes for delivery, 9 A350-1000s and 13 A321neos". Hello, compared to other airlines globally with more than 50 on their order books. Those 22 planes will never be enough, that is, if they appreciate the global expansions of travelers and destination alike otherwise - well, let us just settle for a second placement locally and who knows globally...I'd rather not say |
In reply to this post by JNC03
Philippine Airlines executives Stanley Ng and Lucio Tan III attended SONA yesterday confirming that they are not in the United Kingdom for the start of Farnborough airshow.
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