Tag page - PAL Holdings

PAL-Aircraft_316x210px-1 After slashing operating expenses in the first nine months of 2021, PAL Holdings Inc., the parent company of flag carrier Philippine Airlines (PAL), managed to stem its hemorrhage, bringing down losses from P28.58 billion in the same period in 2020 to P21.61 billion this...

Although the pandemic is still wreaking havoc in the aviation sector, flag carrier Philippine Airlines (PAL)'s parent firm PAL Holdings Inc. managed to cut its losses by 20 percent to P16.56 billion in the first six months of the year, from P20.75 billion in the first half of 2020. Gross revenues...

PAL Holdings Inc. (PHI) Thursday,  (June 17) reported a net comprehensive loss of P73 billion on total revenues of P55.3 billion and total expenses of P81.8 billion for the 2020 calendar year. PAL Holdings managed to reduce its expenses by 46 percent versus 2019. However, this was offset by a 64...