Airline

PAL WARNS MARKET NEW ENTRANTS WILL CAUSE PRICE WAR

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PAL WARNS MARKET NEW ENTRANTS WILL CAUSE PRICE WAR

Philippine Airlines (PAL) has warned that the entry of regional aviation airline such as Singapore’s Tiger Airways and Malaysia’s AirAsia could cause overcapacity and potentially a cutthroat price war resulting in losses for local carriers. “The question is, will the market be big enough f...

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