Billionaire Lucio Tan’s Philippine Airlines Returns Planes, Defers New Aircraft Deliveries Amid Losses |
| August 24, 2021 | August 2021 Bond Updates |
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Philippine Airlines has returned two of its existing aircraft to its lessor last month and deferred deliveries of new passenger jets as continuing losses significantly strain the flag carrier’s liquidity position. |
| View more at: https://www.forbes.com/sites/jonathanburgos/2021/08/23/billionaire-lucio-tans-philippine-airlines-returns-planes-defers-new-aircraft-deliveries-amid-losses/ |
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