PAL offers P80M settlement (5 p.m.)

MANILA -- Philippine Airlines (PAL) can only offer a “one-time” P80-million package to its disgruntled flight attendants and stewards as the company is still battling fiscal woes.

PAL president and chief operating officer Jaime Bautista said the offer was for the collective bargaining agreement (CBA) set from 2005-2010.

“We hope Fasap members will understand PAL’s predicament and accept the offer. While we recognize their desire for higher compensation, PAL’s current financial situation will not allow it offer more,” he said.

The offer was made at the resumption of CBA talks Monday between PAL management and officers of the Flight Attendants and Stewards Association of the Philippines (Fasap) at the National Conciliation and Mediation Board (NCMB).

Bautista said it is up to Fasap to determine how it will divide the P80-million among its 1,600 members.

Meantime, PAL said it will be conducting “marathon meetings” with FASAP for the 2010-2015 CBA.

“The immediate goal now is to put closure to the 2005-2010 CBA, which has become a major source of misunderstanding between management and Fasap,” he said. (Virgil Lopez/Sunnex)

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