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The Philippine government can back efforts of airlines to secure jet fuel, reducing the risk of aircraft groundings as the global oil shortage triggered by the Iran war threatens air travel, according to the nation's transportation chief....
The head of the Philippines' flag carrier said the Southeast Asian country may need to resort to fuel rationing amid tight supplies due to the war in Iran....
Lufthansa Technik Philipines and FedEx Corp. are investing more than $600 million for separate facilities in a former US air base in the Philippines as the Southeast Asian nation moves to boost foreign capital, according to a senior government official....
Philippine Airlines President Richard Nuttall says the company is entering a new phase of growth and exploring options to raise capital. The Philippines' flag carrier has had a successful turnaround after emerging from bankruptcy in 2021. Speaking exclusively with Bloomberg, Nuttall outlines the airline's strategy and expansion plans. (Source: Bloomberg)...
WASHINGTON (dpa-AFX) - RTX Corporation (RTX), an aerospace and defense company, Monday said its aircraft engine making subsidiary, Pratt & Whitney has signed a long-term engine maintenance agreeme......