Philippine Airlines plans to revive its entire fleet before year-end

Philippine Airlines (PAL) is expecting a full recovery in business with soaring passenger demand across Asia-Pacific. The airline also has plans to have all its aircraft in active service towards the end of this year. In a recent media event, the airline’s top executives painted an optimistic forecast for 2023 with predictions of huge profit margins. Lucio Tan, Chairman, Philippine Airlines said: “We are expecting a continuing strong market recovery so there are plans in place to enhance and upgrade our fleet.” Currently three of PAL’s planes are in storage, A320-200, A320neo and A321neo. Meanwhile the resumption of parked planes