Philippines Airlines has announced plans to cut over 30% of its workforce, amounting to up to 2,000 employees. (Photo: AirlineGeeks | William Derrickson)

Philippines Airlines Hit Hard By Coronavirus

Philippines Airlines is reeling from COVID-19 pandemic and is set to slash its workforce by 35% in October. Staff at Philippines Airlines Express, the subsidiary of Philippines Airlines, are also affected, according to Phil Star Global. With no end in sight for the pandemic, the airline expects the travel demand to remain extremely low. The Manila-based airline has 6,000 staff. In the first half of 2020, the airline recorded the loss of P20 billion ($411.9 million) as ticket sales dropped…