Tag: Philippine Airlines

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PAL soars with 62% gain 3Q earnings

Corporate Context.ph Context.ph -
Philippine Airlines Inc. posted a 62 percent year-over-year jump in third-quarter net income to USD22 million, signaling the flag carrier’s resilience amid ongoing strategic transformation that has started to drive volumes and passenger traffic higher.

PAL gears up for arrival of new long-range aircraft

Transport & Logistics Context.ph Context.ph -
Philippine Airlines Inc. (PAL) is preparing for a major fleet upgrade with the scheduled delivery of nine Airbus A350-1000 long-range aircraft, starting this year. The first unit is expected to arrive by year-end, the flag carrier announced.

PAL Holdings unveils major fleet upgrade to meet travel surge

Transport & Logistics Context.ph Context.ph -
PAL Holdings Inc. (PHI), operator of Philippine Airlines (PAL), announced on Thursday a major fleet modernization plan to meet rising travel demand and reinforce its position as the country's flag carrier.

PAL names Richard Nuttall as new president

Corporate Context.ph Context.ph -
Philippine Airlines (PAL) said Wednesday it has appointed Richard Nuttall, a British national and seasoned executive in the aviation industry, as its new president effective 29 May, signaling the flag carrier’s intent to strengthen its leadership and sharpen its international growth strategy.

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URC eyes modest growth amid global risks

Corporate 0
Universal Robina Corporation is aiming for mid-single-digit revenue growth this year despite concerns over global uncertainties, including tensions in the Middle East.

CLI 1Q profit drops 22%

Corporate Bulletins 0
Cebu Landmasters Inc. reported a 22 percent drop in net income in the first quarter, falling to P1.02 billion from P1.32 billion a year earlier.

F&B investors still eye PH expansion despite political, global risks

Trade & Investments 0
Foreign food and beverage (F&B) investors remain interested in expanding operations in the Philippines despite political uncertainties and global supply concerns, according to Food Industry Asia (FIA).

Luzon, Visayas grids stay under red and yellow alerts for second day

Energy & Mining 0
The Luzon and Visayas power grids remained under red and yellow alerts on Thursday as electricity demand continued to exceed available supply due to power plant outages and extreme heat-driven consumption.

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