부산대학교 도서관

Philippine Airlines' (PAL) pilots' strike has precipitated the carrier's crisis which is said to have piled up quietly since the airline was privatized in 1992 and acquired by its current chairman Lucio Tan. PAL is facing several current financial and personnel problems including the dismissal of its 600 striking pilots and 5,000 members of its ground and cabin crews and the cancellation of many of its international routes. The airline has suspended payments on its $2 billion debts and is considering the reduction of its fleet from 54 planes to 14 planes. PAL president Jose Garcia is also considering the closure of the carrier as an option.