Hundreds of Hongkong-bound travelers remain stranded at NAIA after Hong Kong International Airport (HKIA) suspended operations due to the adverse effects of Typhoon Noul, resulting in widespread flight cancellations. The airport has reportedly been closed since 1 a.m. on Sunday, with all inbound...
Flag carrier Philippine Airlines (PAL) signed an agreement to acquire as many as 14 additional Airbus SE A350-1000 widebody jets, doubling down on ultra-long-haul transpacific routes as Southeast Asia 's aviation sector expands international connectivity. The flag carrier executed a memorandum...
Flag carrier Philippine Airlines (PAL) committed to purchasing up to 20 Boeing Co. 787 Dreamliner aircraft, the flag carrier’s largest direct widebody agreement with the United States (US) planemaker in decades as it ramps up long-haul fleet modernization. The preliminary agreement, unveiled...
Airlines in the Asia-Pacific region recorded a nearly 70 percent surge in net profits in 2025 amid sustained demand for air travel, providing carriers with financial cushion to manage rising operational expenses this year. In its latest report, the Association of Asia Pacific Airlines (AAPA) noted...
Low-cost carrier Cebu Pacific is leasing one of its Airbus A320neos to Vietnam’s flag carrier, Vietnam Airlines, looking to capitalize on the third-quarter lean season to secure additional revenue stream. In a statement, Cebu Pacific said it signed a wet lease agreement with Vietnam Airlines to...
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...
