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 p...
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 p...
Philippine Airlines Inc. (PAL) has emerged from its voluntary Chapter 11 proceedings as “a more efficient airline with a strengthened balance sheet, reaffirming its continuing role as the Philippines’...
The United States Chapter 11 court has approved all “First Day” motions for Philippine Airlines’ (PAL) voluntary restructuring following petitions filed on September 3, 2021. These approvals are an im...
PAL Holdings (PHI), parent company of Philippine Airlines, has reported a net comprehensive loss of PHP73bn (approx. US$1.506bn) on total revenues of PHP55.3B and total expenses of PHP81.8B for the 20...
Bombardier Commercial Aircraft announced today that it has finalized a firm purchase agreement with Philippine Airlines, consistent with the Letter of Intent announced on October 14, 2016. The purchas...
Philippine Airlines (PAL) has signed a Letter of Intent (LOI) to acquire up to 12 Q400 aircraft. "For close to a decade, the Bombardier Q Series family of aircraft has been instrumental in evolving ou...
Flag carrier Philippine Airlines recently selected SR Technics to provide Total Engine Solution requirements for the carrier's A340-300s, with AerFin (UK) providing end-of-life fleet solutions respons...
Philippine Airlines (PAL) has signed a Memorandum of Understanding (MOU) with El Al Israel Airlines to boost tourism in both countries. El Al president, David Maimon, said: “The MOU is a way to look f...
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