The loss-making carrier, partly owned by Japan’s ANA Holdings Inc, lost roughly US$1 billion in revenues in March to May when the company suspended its operations because of a travel ban. — Reuters pic
The South-east Asian nation’s carriers, which halted operations in mid-March as President Rodrigo Duterte imposed one of the world’s strictest and longest coronavirus lockdowns, are slowly ramping up operations. The retrenchment programme this quarter could cover up to 35 per cent of its roughly 7,800 personnel, it added.
Source: Holiday News (holidaynews.net)
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