MANILA -Flag carrier Philippine Airlines (PAL) is hoping to sell four nonoperational aircraft soon, proceeds of which can be allocated for fleet upgrade as passenger movement continues to gain momentum. PAL president and chief operating officer Stanley Ng, in a recent interview in Makati, said they were in negotiations with potential buyers of the old units as the airline seeks to free up some assets for cash. The Lucio Tan-led airline currently has four Bombardier DHC 8-300 units that are available for sale.

https://business.inquirer.net/400952/pal-selling-4-old-aircraft

#inquirer