PAL board accepts Bautista retirement

ABS-CBN News

Posted at Jun 24 2019 08:49 PM

MANILA - Philippine Airlines said on Monday that its board of directors has approved the retirement request of the company's longtime president and chief operating officer Jaime Bautista. 

"The retirement of Mr. Bautista will be effective June 30, 2019," PAL said in a statement. 

Last week, the airline announced that the daughter of the company's main shareholder Lucio Tan would be taking over from Bautista. 

PAL said its executive vice president Vivienne Tan was working closely with the outgoing PAL President for a smooth and orderly transition.

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