@wamba wamba
you really think PAL is not incurring losses?
make a simple math:
- PAL f/d + cabin crew $ > is way above 5J f/d + cabin crew.
- PAL overall manpower > is way above 5J manpower
- PAL ticket <= 5J ticket
Who would want to buy PAL?? If i have that much money, I wouldn't buy PAL! With such little profit margin, so high overhead and so much union and labor problems.
Why wouldn't you believe what PAL is saying when PAL is a publicly listed company where financial statements are furnished to stockholders?