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ch-aviationDirk Andrei Salcedo

Philippine Airlines’ 50-year franchise renewal advances in House

The Philippine House of Representatives approved House Bill 10545 on second reading on Aug. 24, 2026, moving Philippine Airlines closer to securing a renewed 50-year legislative franchise. The measure still represents a step in the legislative process rather than final approval of the carrier’s renewal.

2026-08-30T21:20:24.328474-07:00

Airlines

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Nepal Airlines’ aircraft debt balloons to $368 million

Nepal Airlines’ aircraft debt has reached $368 million, underscoring the scale of its outstanding financing obligations. The figure puts aircraft-related liabilities at the center of the carrier’s financial position, with implications for fleet planning, liquidity management and future access to aircraft financing.

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Philippine Airlines’ 50-year franchise renewal advances in House

The Philippine House of Representatives approved House Bill 10545 on second reading on Aug. 24, 2026, moving Philippine Airlines closer to securing a renewed 50-year legislative franchise. The measure still represents a step in the legislative process rather than final approval of the carrier’s renewal.

2 sources Bookmark this story

Reuters

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China’s Big Three airlines post seventh straight first-half losses as fuel shock bites

Air China, China Eastern and China Southern reported first-half losses for the seventh consecutive year, pressured by surging jet fuel prices and a lackluster summer travel season. The results underscore persistent margin pressure at China’s largest carriers as the outlook for the remainder of the year remains clouded.

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