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Wednesday, 28 January 2026, 11:30 am

    Transport & Communications

    Fleet expansion, operating expenses diminish PAL profits by 30%

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    PAL Holdings Inc, the parent firm Philippine Airlines (PAL) on Friday reported a 30 percent drop in net income in the first half this year due to higher operating expenses and fleet expansion even as the market normalizes following the revenge travel surge in 2023.

    “POGO operations only a small fraction of Globe revenue generation”

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    Globe Telecom Inc. on Friday said the cessation of Philippine offshore gaming operations (POGO) in the country should not significantly impact its revenue stream.

    LRMC suspends LRT-1 operations in August

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    Light Rail Manila Corporation (LRMC) on Friday  announced  a temporary three-weekend suspension of LRT-1 operations to accelerate preparations for the LRT-1 Cavite Extension Phase 1 opening in the fourth quarter this year. 

    Proposed AirSWIFT sale not exclusive to Cebu Pacific

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    Property developer Ayala Land Inc. on Thursday told reporters it is also in discussions with other airlines and not just Cebu Pacific Air for the sale of its investment in AirSWIFT, a boutique airline that serves resort destinations.

    Constructing the P13.5-billion Dumaguete Airport begins

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    The Department of Transportation (DOTr) on Thursday said the construction of a new, modernized Dumaguete Airport has started to accommodate the increasing number of passengers and improve air connectivity in Western Visayas.
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    Context.ph is a business news and features website based in the Philippines. Our goal is to provide readers easily digestible articles to help people better understand the news and make informed decisions.

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