Tag: Lucio Tan Group

Year-end profit leap biggest for PAL

  Cautious fine-tuning of strategic plans, prudent resource management and a fortuitous industry climate combined to produce Philippine Airlines’ most impressive financial performance – $134.42 million comprehensive income for 2015, which is a six-fold leap over the previous year and a fitting prelude to the flag carrier’s 75th year. The 2015 income – a 560% jump over 2014’s $20.38 million comprehensive income – represents PAL’s second profitable year after recovering from a $229.71 million loss […]