Taipan Lucio Tan’s PAL Holdings received clearance to list nearly P17.8 billion in new shares next week, giving creditors the opportunity to cash out since its bankruptcy filing during the pandemic.
Philippine Airlines (PAL) will launch daily flights on the Clark-Busuanga (Coron) route starting March 1, enhancing connectivity to one of Northern Palawan’s most sought-after destinations.
Philippine Airlines (PAL) is strengthening its Cebu hub by launching a new Cebu-Catarman route and increasing flights between Cebu and Siargao, starting March 1, 2025.
Taipan Lucio Tan’s Philippine Airlines (PAL) is expanding flights for the holiday season, launching a thrice-weekly Clark-Siargao service on Dec. 3 and reopening the Cebu-Osaka Kansai route on Dec. 22 to offer greater flexibility.
Taipan Lucio Tan’s Philippine Airlines (PAL) reported a net income of $13 million (P812 million) in Q3 2024, an 87-percent drop from the same period last year. Net income during the first nine-months of the year also fell 61 percent to $135 million (P8 billion).
Philippine Airlines celebrated another milestone on Tuesday night as it marked the launch of inaugural flights between Manila and Seattle, its sixth destination in the United States.
Philippine Airlines will expand its Manila-Brisbane service to daily flights, establishing the largest network between the Philippines and Australia, serving four cities with the most routes by any airline.