Taipan Lucio Tan’s Philippine Airlines grew first-half revenue by 5.9 percent to $1.75 billion as higher fares, stronger cargo sales and ancillary income helped the flag carrier navigate a sharp increase in fuel prices.
Philippine Airlines Inc. has expanded its debut international bond offering to $350 million after pricing an additional $50 million of five-year senior notes, capitalizing on strong investor demand following its inaugural sale earlier this month.
Philippine Airlines has dismissed as fake a viral social media story claiming that one of its former pilots was found homeless in Bangkok, saying the employee identified in the report remains an active-duty pilot with the flag carrier.
Philippine Airlines (PAL) will deploy its flagship Airbus A350-1000 aircraft on select Manila-Davao flights during the Kadayawan Festival in August, giving travelers the opportunity to experience the carrier's newest long-haul aircraft on a domestic route.
Philippine Airlines (PAL) is accelerating its long-term fleet modernization program after signing a series of aircraft, engine and maintenance agreements at the 2026 Farnborough International Airshow that will shape its widebody operations through 2036.
Every other year, the Farnborough International Airshow brings together the biggest names in global aviation, where aircraft deals worth billions of dollars are negotiated and partnerships are forged.
Philippine Airlines (PAL) is expanding its North American network by increasing nonstop services to Vancouver, Toronto and New York later this year, as the flag carrier responds to rising passenger demand and deepens connectivity between the Philippines, Canada and the United States.
Philippine Airlines welcomed Fitch Ratings' assignment of a first-time BB long-term issuer default rating with a stable outlook, marking a milestone for the carrier as it seeks to reinforce investor confidence following years of financial restructuring.
Patrick Roa, a pilot with more than 14,000 flight hours across over 60 aircraft types, said the May 23 incident should serve as a learning opportunity for the industry even as all passengers and crew landed safely following a diversion to Manila.