Management at the flag-carrier, which was privatised in 1996 but is still 29.
The country's finance ministry estimates that the flag-carrier now requires a $500-60001 bailout in order to restore solvency, while Standard Investment Bank pegs the funding shortfall as high as $1bn.
The flag-carrier announced that 60 percent of scheduled flights were being cancelled, World Bulletin reported.
The strike, which is forecast to be the biggest to affect the flag-carrier since 1998, could cost up to 15 million euros a day, according to Gagey.
PSC chairman Richie Garcia, also the chief of mission to the Incheon Asiad, said the 27-year-old Aguilar fits the stature of a flag-carrier because he stands 6-foot-9.
POC president Jose 'Peping' Cojuangco said he doesn't have any problems with Aguilar's selection as flag-carrier, a coveted assignment usually given to choice personages of a delegation.
This latest order will enable the Turkish flag-carrier
to continue to serve new destinations worldwide.
Summary: The EU competition watchdog has demanded Hungarian flag-carrier airline Malev hand back hundreds of millions of dollars in emergency aid.
The EU competition watchdog has demanded Hungarian flag-carrier airline Malev hand back tens of millions of euros and tens of billions of forints in illegally paid state aid.
Levy was singled out for his leadership of the flag-carrier
for French Polynesia which has grown to become a vital component in the self-sustaining economic growth of the region and anchor for international tourism.
RAM is cooperating in a similar flag-carrier
project in Senegal with Air Senegal International based in Dakar.
He emphasized that it was the fist time an independent airline was allowed to compete with two national flag-carriers
on a major European route.