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...
Some of the biggest United States (US)-based air carriers have indicated no objection to Lucio Tan-led flag carrier Philippine Airlines’ (PAL) proposed expanded connectivity to key US gateways through a codeshare agreement with Alaska Airlines. In a May 6 regulatory filing seen by Manila...
NEWARK, N.J. (AP) — A United Airlines passenger jet carrying 221 passengers from Venice, Italy, struck a light pole on the New Jersey Turnpike on Sunday afternoon as it was coming in for a landing at Newark Liberty International Airport, authorities said. The airline said none of the passengers...
Lucio Tan-led flag carrier Philippine Airlines Inc. (PAL) and Alaska Airlines Inc. have jointly applied for expanded reciprocal codeshare services covering flights between the Philippines, the United States (US), and beyond, in a move aimed at deepening connectivity to Hawaii and other US...
The Civil Aeronautics Board (CAB) increased the passenger fuel surcharge to a record level as global jet fuel prices continue to surge, a move that is set to make air travel more expensive for the remainder of the month. In an advisory dated April 13 but released on Wednesday, April 22, the CAB...
Flag carrier Philippine Airlines (PAL) is cementing its presence in the United States (US) with the launch of nonstop flights between Manila and Chicago beginning in November, providing Filipinos with a direct link to the Midwest. In a statement, PAL announced that it will mount thrice-weekly...
Sleeping on a bed while in the air was once a dream limited solely to business-class flyers, but one airline is making it more accessible to economy flyers. Air New Zealand recently unveiled the Economy Skynest sleeping pods made for their new Boeing 787-9 Dreamliner flights. Customers can soon...
