MANILA - Philippine Airlines said Wednesday it would increase flight frequencies to Japan after All Nippon Airways acquired 9.5 percent in it.
The flag carrier will increase flights to Nagoya and Osaka to bring its total weekly flights to Japan to 92 from the current 84, PAL president Jaime Bautista told reporters during a press briefing in Pasay City.
ANA, Japan's biggest airline, invested $95 million (P4.9 billion) for the nearly 10-percent stake in PAL Holdings, with whom it has code-shared flights.
Baustista said the acquisition could be completed by early March.
A director from ANA will hold a seat in PAL Holdings' 9-seat board, the flag carrier earlier said.
Although the ANA-nominated director will not be involved in the management of the airline, Bautista said "we will be happy to collaborate with them on how we can improve our practices."
All Nippon Airways, a 5-star airline, will help PAL achieve its goal of receiving the same ranking, Bautista said.
PAL will also increase flights to Toronto, Los Angeles, San Francisco, Bangkok and some cities in Australia, he said.