The management of Philippine Airlines (PAL) has signed a collective bargaining agreement with the Flight Attendants and Stewards Association of the Philippines (FASAP) after completing rounds of negotiations.
“The signing of the collective bargaining agreement is a testament of the value of employee – management cooperation and collaboration as a means toward industrial peace and the full recovery of our national flag carrier,” Capt. Stanley Ng, PAL president, and chief operating officer said.
“With open lines of communication in an atmosphere governed by mutual respect and trust, we will be able to reach consensus on issues we are duty bound to address as stakeholders of a vital aviation entity,” he added
With the signing of the new CBA, FASAP and its members are committed to give its full support to PAL’s recovery and give the best service to the riding public.
“The goodwill and mutual respect between management and the union will surely be a vital element in the fast-tracking of PAL’s recovery,” Bob Anduiza, FASAP president said.
“The new CBA offers much needed improvements in the salaries and earnings of the cabin crew members, and most importantly, the resolution of the long standing disagreement on the retirement issues in the CBA is a major morale booster for the crew,” he added.
The country’s flag carrier earlier posted a net income of P1.2 billion from January to March, rebounding from a P8.5-billion net loss it incurred in the same period last year.
The last time that PAL registered positive first-quarter results was in 2016.
PAL generated P24 billion in revenues from a 201-percent growth in passenger revenues and a 72-percent increase in cargo revenues in the first quarter.
The uptick in revenues reflected a stronger recovery in travel volumes as borders reopened in the Philippines and other key markets in Asia, Australia, and North America. The cargo sector also sustained its strong performance.