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Saturday, April 12, 2014

PAL expects $160M in fuel, maintenance savings after FAA upgrade

MANILA - Philippine Airlines (PAL) expects at least $160 million in annual fuel and maintenance cost savings with the lifting of the country's aviation rating to Category 1.

PAL president Ramon Ang told reporters on Thursday night that the airline will use its new aircraft for its Los Angeles and San Francisco flights.

Ang said PAL expects annual savings of $100 million from fuel and $60 million from maintenance costs.

Following the country’s upgrade, the flag carrier will deploy in a month’s time a fleet of newly-acquired Boeing 777-300ER aircraft for its long-haul flights to the US.

“This latest development allows us to deploy our modern and fuel-efficient Boeing 777-300ER fleet to the US, and enables us to explore new destination opportunities in one of the Philippines’ largest passenger markets,” Ang said.

For its flights to Honolulu and Guam, PAL will continue to use its wide body Airbus A330-300s and single-aisle A320-200s.

PAL operates a total of 26 weekly flights to the US, with frequencies to Los Angeles, San Francisco, Honolulu and Guam.

After more than six years in Category 2, the Federal Aviation Administration yesterday announced the Philippines' return to Category 1 safety rating, allowing local airlines to mount more flights to the US.

PAL operates the widest route network among all other Philippine carriers, with 29 domestic and 35 international destinations.

Source: Interaksyon

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