22 fly, stort sett Airbus og Boeing vil returneres til leasingselskapene.
Det er ingen forventninger om å være tilbake til samme nivå som før pandemien før tidligst 2024-25.
Philippine Airlines reduserer flåten sin fra 92 til 70 fly.
Philippine Airlines to return 22 planes, reassures on survival
Philippine Airlines will return 22 aircraft, mostly Airbus and Boeing jets, to lessors as it pursues a financial restructuring programme to survive after the pandemic has decimated global travel, executives said on Monday.
Philippine Airlines last week filed for Chapter 11 bankruptcy https://www.reuters.com/article/philipp ... SL1N2Q600A in the United States, allowing it to continue operations and generate fresh capital.
With the company not expecting a return to pre-pandemic levels until 2024 to 2025, the carrier will return 22 aircraft to lessors, Philippine Airlines President Gilbert Santa Maria told a news conference.
Philippine Airlines will end with 70 aircraft after cutting about a quarter of its fleet of 92 planes.