As PMW writes:
The Palestinian Authority is telling its people that peace with Israel is not a goal. Instead, the PA says that all of Israel is "Palestine," and that no compromise is acceptable because this principle is "the only red line." This message was expressed by the regular cartoonist, Muhammad Sabaaneh, in the official PA daily.Nothing gets printed in Al Hayat al Jadida if it is not approved by the PLO and its subsidiary the Palestinian Authority. And the PLO logo has a very similar map:
Which gives an indication of what they mean when they say they want "peace."