MANILA - Philippine Airlines has confirmed the appointment of Capt. Stanley K. Ng as president and chief operating officer during the flag carrier's annual stockholders meeting, its operator PAL Holdings said Friday.

"The confirmation comes less than four months after his initial appointment to the same position in an acting capacity," PAL Holdings said in a disclosure to the stock exchange.

Ng replaced former PAL president Gilbert Santa Maria whose engagement ended following the recent completion of PAL's Chapter 11 restructuring, it said.

"I am humbled by the trust and confidence of our PAL board and stockholders. Working together with the entire PAL leadership team and our valued employees, I pledge to do the best we can, with passion and dedication, to ensure that Philippine Airlines fulfills its mandate as the flag carrier to be of service to the flying public," Ng said.

In the first quarter, PAL posted a net comprehensive income of P1.2 billion as it ramps up both domestic and international operations which were heavily impacted by restrictions to curb the COVID-19 pandemic.

The flag carrier earlier said it expects to return to 100 percent of its pre-pandemic capacity this year.

• PAL appoints pilot Stanley Ng as president and COO replacing Gilbert Santa Maria
• PAL posts P1.2 billion net income in 'breakthrough' first quarter 2022

RELATED VIDEO:

Watch more News on iWantTFC