Local airlines were “left alone to survive” while the COVID-19 pandemic raged in 2020, leading to massive losses and thousands of job cuts, Air Carriers Association of the Philippines (Acap) vice chair Roberto Lim said on Wednesday.
During a Senate hearing, Lim said the industry’s finances were continually strained and losses could further mount as travel restrictions return due to a spike in COVID-19 infections.
“When we compare ourselves to our neighbors in Asia, Europe and the United States, their governments have provided a lot more cash support, loans and guarantees early on,” Lim said.
This type of financial aid has remained elusive in the Philippines after Acap sought hel…
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