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PAL optimistic of strong recovery this year

PHILIPPINE Airlines (PAL) on Wednesday said it was expecting a 'strong' recovery this year as it planned to take back some of the aircraft it relinquished during a Chapter 11 restructuring.

'We are expecting a continuing strong market recovery so there are plans in place to enhance and upgrade our fleet,' PAL Director Lucio Tan 3rd said during a media luncheon.