Emirates Airline named aviation veteran Khalid Al Zarooni as its new country manager for the Philippines, positioning a seasoned executive to steer commercial strategy in a market where the Gulf carrier is aggressively expanding capacity. Al Zarooni, who assumes the role immediately, will oversee...
Philippine Airlines (PAL) raised $300 million through its debut international bond offering, tapping global debt markets to fund its network expansion and fleet modernization following a successful financial turnaround. The flag carrier’s wholly owned subsidiary, Primero Agila Limited, priced the...
Airlines based in the Asia-Pacific region maintained positive momentum in passenger traffic during the first five months of 2026 despite reduced flight schedules beginning to take their toll, according to the Kuala Lumpur-based Association of Asia Pacific Airlines (AAPA). The latest preliminary...
Flag carrier Philippine Airlines (PAL) is resuming its direct service between Manila and Dubai in the United Arab Emirates (UAE) as it looks to take advantage of easing conditions in the Middle East while restoring connectivity to a major gateway for overseas Filipinos. In an advisory on Monday,...
Philippine Airlines (PAL) is preparing a return to the international debt markets with a proposed sale of United States (US) dollar-denominated fixed-rate notes, capitalizing on an operational turnaround that recently culminated in an invitation to join the Oneworld global airline alliance. The...
Philippine Airlines (PAL) secured a stable outlook and its first-time “BB” credit rating from Fitch Ratings, indicating the flag carrier maintains enough financial flexibility to withstand severe global headwinds and capacity constraints In a June 11 commentary, Fitch said the non-investment...
Philippine conglomerates operating in critical sectors like real estate, power, energy, and telecommunications are facing heightened financial strain from the strengthening United States (US) dollar, which threatens to inflate the cost of their foreign-denominated debt. The brewing corporate...
Airlines are projected to see their combined profits cut in half to $23 billion this year as margins tighten further amid higher jet fuel costs, whose prices have soared due to the ongoing conflict in the Middle East, according to the International Air Transport Association (IATA). Based on its...
Philippine Airlines (PAL) has received an invitation to join the Oneworld Alliance, a move that will integrate the country’s flag carrier into the global network spanning nearly 1,000 destinations. The announcement was made Saturday, June 6, at the International Air Transport Association Annual...
Passenger traffic in the Asia-Pacific region expanded by five percent in the first four months of the year to more than 130 million compared to a year ago, driven by sustained demand for longer-haul routes despite costlier plane tickets. Based on preliminary data from the Association of...
Flag carrier Philippine Airlines (PAL) is adding more than 20 flight options for Filipinos traveling to Europe through its expanded partnership with Qatar Airways. In a statement, PAL said it has signed a fresh agreement with Qatar Airways to enhance its codeshare partnership in a bid to broaden...
Flag carrier Philippine Airlines (PAL) will soon provide travelers with more options when flying to major destinations in the United States (US) after receiving regulatory approval for its proposed expanded partnership with Alaska Airlines. In a notice of action dated May 13, seen by Manila...
