PAL Settles P6-Billion Unpaid Financial Obligations to the Philippine Government


The tough-talking President of the Republic of the Philippines, Pres. Rody Dutete proved once and for all that no one is above the law even the country's flag carrier Philippine Airlines (PAL) who already settled their P6-billion unpaid air navigational charges to the national government.



According to the Duterte administration the unpaid charges of PAL were incurred since 1970's up to July 30, 2017.

Atty. Clara De Castro, PAL Vice President for Legal Affairs, brought the company checks to the office of the Civil Aviation Authority of the Philippines (CAAP) in Pasay to settle its financial obligations to the government

The check amounting to PhP5,677,887,615 was turned over to CAAP Chief Accountant Raul Eusebio. On the other hand, the check worth PhP258,594,230.33, net of taxes, was turned over to Manila International Airport Authority (MIAA) Assistant General Manager for Finance and Administration Arlene Britanico.

Pres. Duterte warned PAL a few months ago to pay their obligations to the national government or else he will shut down the operation of the company in NAIA.

The turn over of checks from PAL were witnessed by DOTr Undersecretary for Aviation and Airports Manuel Antonio L. Tamayo, Undersecretary for Legal Affairs and Procurement Reinier Paul Yebra, and Assistant Secretary for Communications Leah Quiambao.

PAL’s payment was made earlier than the December 2017 deadline given by the CAAP and the Philippine government under the administration of Pres. Rody Duterte.

The payment of PAL is considered as another achievements of the Duterte administration after making an ultimatum to multinational corporations. Pres. Duterte made some success earlier with the case of Mighty Corporation.

Source: PTVNews


PAL Settles P6-Billion Unpaid Financial Obligations to the Philippine Government PAL Settles P6-Billion Unpaid Financial Obligations to the Philippine Government Reviewed by Phil Newsome on 11/04/2017 Rating: 5

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