Philippine Airlines considers downsizing longhaul fleet
As part of its restructuring process and post-COVID strategy, Philippine Airlines is considering applying for Chapter 11 bankruptcy protection in the US, which will help in negotiations with lessors.
The airline wants to reduce its staff and part of its longhaul fleet and is eying to return two A350-900s and four B777-300ERs to their lessors. Currently, Philippine Airlines operates six A350-900s and ten B777-300ERs, next to eight A320s, 23 A321s, eight A321neos and fifteen A330-300s.
Photo by Airbus.