Article DetailsPhilippine Airlines - It Is All About Attitude and Determination |
| Date Added: August 12, 2011 02:23:04 AM |
| Author: rElmerRodgerso |
| Category: Entertainment |
| Sometimes the story of Philippine Airlines seems like a movie. It really does feel that dramatic. PAL has one of the best characters of any company out there. They've been operating for more than 60 years. Off and on over the decades, PAL has seen tremendous political upheaval in its country and has sometimes found itself in hard times. They made their way through the Asian financial crisis after the turn of the century and are still going strong. This article will teach you a few things about this absolutely amazing company. Philippine Airlines is far more than just an international air company. The company is not just socially aware and responsible, it does what it can to help people in need all over the planet. The Philippine Airlines Foundation acts alongside Philippine Airline's community relations and was formed by the airline in 1992. PALF is an accredited organization that offers a range of services that include disaster relief and different types of crisis aid. The primary part of the PALF program, though, are the PAL Medical Travel Grants. What they do is offer assistance in a variety of social and humanitarian forms to those who need it in the Philippines. The PAL foundation focuses primarily on the noble goal of helping those who cannot help themselves like the children and the elderly. In 1992 a Filipino entrepreneur by the name of Lucio Tan, financed a bid that made it possible to buy Philippine Airlines, Inc. The interesting part of that is he did it in secret and unknown to the existing Philippine government. Then, in 1995, Tan was appointed as chairman of PAL. Philippine Airline's was new to private ownership when those events took place in 1992. Ever since then, PAL has had its ups and downs right alongside the rest of the world and the Asian financial sector. Airlines, as a business, are very hard to run. These companies do not enjoy the profit margins that other kinds of companies and businesses do. Since they worked through their receivership (in the later part of this decade), however, they are moving on. PAL has designated their frequent flyer program - Mubahay Miles. This program was developed in 2002 when they wanted to create just one program from all their existing frequent flyer programs. They managed to make that happen before all the Asian financial market turmoil that soon followed. They made that move because it helped to make their business a bit more efficient. The main thing is to survive in business, and they did manage to pull that off after the Asian market crisis was over. The story of Philippine Airlines is fascinating and spans years of different economic conditions and political strife. There are great lessons to be learned from those who worked to keep the company in business for more than half a century. After surviving a near collapse, the company has made multimillion dollar investments in fleet upgrades as well as the purchase of a couple of Boeing 777s. When I am not pondering the question of can I lose Weight I enjoy tallking about Philllippine Airlines. |
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