Phillipine Airlines to oppose Labour Ministry over pay increase
Shares in Philippine Airlines were down 2.2% on Tuesday. The carrier responded to a Philippines Labor Ministry ruling made late last year, which ordered PAL to increase pay for its cabin staff and increase the minimum retirement age. Philippine Airlines President, Jaime Bautista, announced the carrier has appealed the ruling, labelling it absurd and stating the carrier is in no position to raise salaries after three years of losses.
