Airline

PAL returned to profit in 2021

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PAL returned to profit in 2021

Philippine Airlines (PAL) has recorded a comprehensive income of P56.49 billion in 2021, a sharp turnaround from the 2021’s comprehensive loss of P73 billion. PAL’s consolidated revenues rose by 6.2 percent to P58.70 billion from P55.26 billion in 2020. “The significant increase in revenues wa...

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