Philippine Airlines plans to seek court protection from creditors

Flag carrier pursuing job cuts, fleet reductions and fresh $505m lifeline

20201125 Philippines Airlines

Philippine Airlines, the nation's flag carrier, is fighting for its survival amid the coronavirus pandemic. © Reuters

CLIFF VENZON, Nikkei staff writer

MANILA -- Philippine Airlines is poised to seek court protection for its debt restructuring as the pandemic-hit flag carrier fights for survival, Nikkei Asia has learned.

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