Flag carrier Philippine Airlines (PAL) reported a comprehensive net income of P9.48 billion for the first half of 2024, 30 percent lower than in the same period last year. Based on the disclosure of parent company PAL Holdings Inc. to the Philippine Stock Exchange (PSE), this is on the back of...
Philippine Airlines (PAL) reported a 25 percent decrease in comprehensive income to $81 million in the first quarter of 2024 from $108.2 million (P5.9 billion) for the same period in 2023. In a May 2 disclosure to the Philippine Stock Exchange (PSE) by its parent company PAL Holdings, Inc., PAL...
Flag carrier Philippine Airlines (PAL), the operating subsidiary of PAL Holdings Inc., reported a 92 percent jump in net income last year to $379 million or P21 billion, an all-time high and under the first year of leadership of Lucio Tan III, from the $197 million or P11 billion earned in 2022. In...
The Securities and Exchange Commission (SEC) has issued advisories to the public against dealing with BNY PAL (Benta Paluwagan) and One 1Key Progress Booster (OKPB) Inc. due to their unauthorized solicitation of investments without the necessary license from the Commission. The SEC said BNY PAL...
Flag carrier Philippine Airlines (PAL) announced that it will mount more flights and routes out of Cebu in the coming months to create convenient connections that will boost tourism, drive business and progressively expand its inter-island network from the Mactan-Cebu International Airport. ...
Three months after Lucio Tan III took the helm as president of PAL Holdings Inc. (PHI), the parent company of the country’s premier flag carrier Philippine Airlines (PAL), he reinstated key management positions in a swift move to build a corporate structure that strengthens the airline’s...
LAOAG CITY, Ilocos Norte – The Laoag International Airport (LIA) has cancelled domestic flights from July 25 to 26 as typhoon “Egay” approached the country. LIA Manager Ronald Estabillo said this is to ensure the safety of travelers from the tropical cyclone. Estabillo said Philippine Airlines...
TO STRONGER PARTNERSHIPS From left: DFPC deputy COO Bernardine Belmonte, Duty Free Philippines Corp. COO Vicente Angala, PAL president and COO Capt. Stanley K. Ng, and PAL SVP/General Counsel Atty. Carlos Luis Fernandez seal the deal of the PAL-Duty Free PH partnership providing discounts to PAL...
Philippine Airlines finalises order for nine A350-1000s.jpg] Philippine Airlines Flag-carrier Philippine Airlines (PAL) should try to match the fare rates of budget airlines Cebu Pacific. Thus, said Cagayan de Oro City 2nd district Rep. Rufus Rodriguez amid the mounting complaints about the poor...
Philippine Airlines (PAL), the country’s official flag carrier, has affirmed its support for the Center for International Trade Expositions and Missions (CITEM) through a signing ceremony on Monday, May 15, 2023, at CITEM in Pasay City. “We at CITEM recognize PAL's vital contributions to the...
Philippine Airlines, Inc. (PAL) and affiliate PAL Express are digitally transforming themselves, automating their business operations using solutions from global aviation software provider Ramco Systems. "Our focus has always been on improving our global network infrastructure," remarked PAL...
Philippine Airlines (PAL) has relaunched its top routes to mainland China, opening direct flights to Shanghai yesterday, February 14 and resuming its Beijing service next Tuesday, Feb. 21. Mainland China was the second largest source of tourists to the Philippines with 1.74 Million Chinese...