Philippine Airlines Returns $153 Million to Customers

 

Cebu company said the airline is the largest Philippine company to fly low cost they returned an amount worth 7.7 billion pesos ($ 153 million) for customers, complementing dealing with the refund, which have been submitted requests, until last June, because of the pandemic was

quoted by Bloomberg News on Saturday Cebu as saying in a statement that it has dealt with 991 thousand and 764 applications and continues to work with customers, who are still applications pending

and collected Cebu for the airline $ 250 million through the sale of convertible bonds, which gave the airline money to help counter the effects of the pandemic

and increased net losses The company increased to 7.3 billion pesos, in the first quarter, compared to 18.1 billion pesos, a year ago, as the outbreak of the Corona virus reduced income from passengers by 92%,

and the Philippine Ministry of Health announced the discovery of a mutated delta strain of the emerging Corona virus, in all 17 cities. metropolitan area manila

And the ministry explained, as reported by the (Philippine Star) newspaper, yesterday, Friday, that the capital region has returned…..

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