Tag page - PAL

PAL Holdings, the majority owner of Philippine Airlines, reported a total comprehensive loss of P29.03 billion for the first nine months of 2020, 2.7 times the P7.86 billion loss incurred in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said its...

The Department of Finance (DOF) said that local airlines have yet to submit the final loan plan to activate their P700 million financial support earmarked under the government’s economic stimulus programs. (Manila Bulletin File Photo) Finance Secretary Carlos G. Dominguez III said the amount of...

(Manila Bulletin File Photo) Philippine Airlines (PAL) is laying off 35 percent or 2,700 workers out of its total 7,800 workforce, as it rebuilds both its domestic and international network amidst the global pandemic. In a statement, the flag carrier currently operates less than 15 per cent of its...

Philippine Airlines (PAL) has refunded P12.72 Billion,  80 percent of the more than P15.9 billion ($300 million) COVID-related refund requests from passengers to date. Currently, PAL has restored 15 percent of its regular domestic and global network and intends to ramp up to more flights and...