Re: A look at PAL Fleet Planning
Posted by Eurest on
URL: http://philippine-aviation-forum.259.s1.nabble.com/Airlines-In-The-Philippines-II-tp2674p4039.html
PR is perfectly fine and stable being financially conservative as it is.
First positive full year operating income since 2019, will enhance PAL's outlook towards lessors and financial institutions, perhaps finally getting rates for JOLCOs that make the more appetizing for the accountants.
More than doubling one's consolidated revenue's is confidence inspiring, but it must continue to do so for the next couple of years.
Engines and spares are still hard to come by, even AI's A350 deal is proving touch as RR still has no interest in discounts for a large order unlike in the past.
The terminal rationalization at MNL will help PR drastically, but until then, they can't truly gauge what their network capacity needs, and where they have even more room to grow.
Growing routes to better utilize their A321s (CEOs&NEOs) show they are looking at better asset utilization, and capacity buffer for when they restart their previous mothballed and planned long-haul routes.
5J's fleeting, and what they had chosen to short term lease may be more surprising to some here.
How the new T1 Mabuhay Lounge will look, will be a great indicator of what PR sees itself.
The latest transaction for PR was for an A333 lease completed on Jan 30 of the year
Though there are quite a few A359s available for lease