Tag: Philippine Airlines

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 […]

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PAL Saipan–Manila service: A direct link to ‘home’

    The much – awaited direct service between Saipan and Manila beginning June 15 has yielded high passenger bookings. PAL President and Chief Operating Officer Jaime J. Bautista said, “Over the past decades, our kababayans have to take other routes to Manila via Guam. With this new offering, they now have a direct link to our home country. The high passenger count is proof that this new flight is keenly awaited. We look forward […]

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Airbus wins $1.85 billion order from Philippine Airlines

SINGAPORE (AFP) — European plane-maker Airbus said Wednesday it had won a $1.85 billion deal for the purchase of six A350-900s by Philippine Airlines (PAL), flag-carrier of one of Asia’s fastest growing economies. PAL also has the option to purchase an additional six of the aircraft, the two companies announced at the Singapore Airshow. Separately, PAL also signed a $600-million order with Rolls-Royce for Trent XWB engines to power the six A350s, the airline said […]

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PAL cancels flights to Surigao, Legazpi

The Philippine Airlines cancelled several of its flights to Surigao and Legazpi due to the inclement weather. For the list of cancelled flights, please see the accompanying video. (Eagle News Service Described by Jay Paul Carlos, Video Editing by Dexter Magno, Uploaded by MRFaith Bonalos)

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PAL cancels flights

The Philippine Airlines cancelled two of its flights due to tropical depression “Lando”. (Eagle News Service Described by Jay Paul Carlos, Video Editing by Dexter Magno, Uploaded by MRFaith Bonalos) https://youtu.be/saSwd6V9T3E

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Philippine Airlines to implement another mass layoff

Major labor groups are asking the public to boycott the Philippine Airlines after it was learned that the national flag carrier is going to implement another round of mass layoff, with thousand already rendered unemployed after a series of mass lay-offs. (Eagle News Service Jay Paul Carlos, Jericho Morales, MRFaith Bonalos)

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PAL implements increase in domestic ticketing service free

MANILA, Philippines, August 21 (Eagle News) — The Philippine Airlines will implement an increase on its service free with regard to its domestic ticketing service. Said airlines petitioned the Civil Aeronautics Board for the said increase which was approved. The service fee now stands at 250 pesos. No increase was implemented with regard to international ticketing service. (Eagle News Service Jay Paul Carlos, Jericho Morales, MRFaith Bonalos) https://youtu.be/3FPgMjwWzuk

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Lucio Tan regains full control of Philippine Airlines

MANILA (PNA) — The Group of Dr. Lucio C. Tan formally sealed the deal with San Miguel Corporation (SMC) to buy back Philippine Airlines (PAL), SMC and PAL Holdings, Inc. disclosed to the Philippine Stock Exchange (PSE) Tuesday morning. In their disclosures, the companies said that, “The two biggest stockholders of Philippine Airlines – San Miguel Corporation (SMC) and the Group of Dr. Lucio C. Tan – signed a joint agreement whereby SMC expressed willingness […]

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