Tag: Philippine Airlines

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PAL soars with 62% gain 3Q earnings

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

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

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

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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Maynilad cuts water rates starting July; Manila Water fees unchanges

Starting July 1, 2026, Maynilad customers will see slightly lower monthly water bills, while rates for Manila Water subscribers will stay the same, according to the Metropolitan Waterworks and Sewerage System-Regulatory Office (MWSS-RO).

AirAsia risks full grounding unless full payment made by 6 June

The Civil Aviation Authority of the Philippines (CAAP) has set a final deadline of 6 June, 2026, for AirAsia Philippines to clear its unpaid financial dues, warning that failure to comply will result in a full shutdown of its operations.

Aboitiz InfraCapital courts Japanese investor for expansion

Aboitiz InfraCapital (AIC) is looking to deepen ties with Japan’s biggest corporations and financial institutions as it pursues fresh investments and strategic partnerships to fuel the next phase of its infrastructure expansion.

DOE eyes faster permits as EV demand accelerates

The Department of Energy (DOE) is moving to cut red tape for electric vehicle (EV) charging stations, pushing for a joint memorandum circular with key government agencies to dramatically shorten permitting timelines as EV adoption gains momentum nationwide.

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