NAIA Terminals 1 and 2 will soon be connected by an elevated walkway. Philippine Airlines will shoulder the 250 million peso cost of building the 400 meter walkway. Lucio Tan had already agreed to underwrite the project but the proposal still needs the regulatory approval of Manila International Airport Authority.
Asia’s largest LCC, AirAsia, plans to create an ASEAN airline that will house Malaysia’s AirAsia Bhd, Thai AirAsia and the soon-to-be-listed Indonesia AirAsia and Philippines AirAsia. According to AirAsia’s chief executive officer Tan Sri Tony Fernandes, AirAsia’s affiliates in Indonesia and Philippines already appointed bankers in their respective countries to work on the planned initial public offering (IPO).
AirAsia Group will form the holding company once the Indonesian and Philippines affiliates joined AirAsia Bhd and Thai AirAsia in the listing club.
Starting December, PAL will increase flight frequencies to:
MNL – LAX twice daily
MNL – SFO from 11 to 14 flights a week
YVR – JFK from 4 to 5 flights a week
This is made possible due to the arrival PAL’s 7th Boeing 777-300ER aircraft this month. By December, another Boeing 777-300ER is expected to join the fleet. The B777-300ER has a seating capacity of 376 seats.
CEB-LAX route, on the other hand, will still be flown by the 254 seat-Airbus 340 aircraft. The A340 will also be used as standby aircraft to fly to Australia and Honolulu.