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Philippine Airlines expects airline industry to remain weak until at least 2011

22-Feb-2010 11:35 AM

Philippine Airlines President, Jaime Bautista, expects the airline industry to remain weak until at least 2011, stating there is still a lack of demand (Manila Times, 22-Feb-2010). The carrier plans to continue offering low fares.

Philippine Airlines: “We are just waiting for the economy to recover and hopefully one year or two years from now the industry [would] pick up…What the airlines do is to offer attractive fares. If we will not do that the number of passenger will be low,” Jaime Bautista, President. Source: Manila Times, 22-Feb-2010.