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Post by jetsetexpress on Apr 1, 2011 1:26:20 GMT 8
The last line would get people talking. www.hindustantimes.com/Philippine-Air-links-to-India-inks-pact-with-Kingfisher/Article1-679452.aspxPhilippine Air links to India, inks pact with Kingfisher Tushar Srivastava, Hindustan Times New Delhi, March 30, 2011 Philippine Airlines (PAL) has entered into a code share agreement with Kingfisher Airlines, India’s second largest domestic carrier, that would give it a much bigger footprint in the country. “We have already made an agreement with Kingfisher,” said Vivienne K Tan, executive vice president, PAL, on Wednesday. PAL has launched direct flights to India — the only carrier to operate non-stop flights between Delhi and Manila. It will operate three non-stop flights to Delhi and another three via Bangkok. “We are offering the shortest travel time of six-and-a-half hours,” said Jaime J Bautista, president and COO, PAL. In 2009, two million Indians travelled to Southeast Asia but only 32,817 visited the Philippines, with Singapore (726,000), Thailand (611,983) and Malaysia (589,838) cornering a major chunk of the tourist traffic. PAL is allocating 1,88,000 seats a year on the Indian route. Tan said PAL would be “interested in investing in an Indian carrier” if the government relaxes rules allowing foreign carriers to invest in Indian airlines.
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Post by Evodesire on Apr 1, 2011 3:32:17 GMT 8
PAL would buy into Kingfisher? Wow! So they must really have money! Sana they can also get new aircrafts. I just hope their news that "they are bleeding" is just for press release purposes.
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