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Posts tagged with "Philippine Airlines (PAL)"

PAL posts P29B loss in first 9 months

PAL posts P29B loss in first 9 months

Nov. 16 | Philippine Airlines (PAL) reported a loss of P29.03 billion in the first nine months of 2020, higher by 269% from its loss in the same period last year January-September revenues amounted to P45.29 billion, 61.6% lower than in 2019 Operating expenses...

CAB stops airlines from offering flights

CAB stops airlines from offering flights

May. 31 | Not yet. That’s what the Civil Aeronautics Board (CAB) told airlines that have announced resumption of flights as early as June 1. In a May 31 advisory, CAB executive director Carmelo Arcilla ordered airlines to cancel their planned flights and stop...

PAL Zamboanga-Tawi-Tawi flight starts Dec

PAL Zamboanga-Tawi-Tawi flight starts Dec

Oct. 23 | The new Philippine Airlines daily service between Zamboanga and Tawi-Tawi starts December 15. Philippine Airlines (PAL) is launching a Zamboanga-Tawi-Tawi service in December to boost its network in Mindanao. The new daily service between Zamboanga and...

PAL to unveil digitalization plan to return to black

PAL to unveil digitalization plan to return to black

Oct. 8 | Image by Gerd Altmann from Pixabay Philippine Airlines (PAL) is embarking on a digital transformation as a strategy to reduce costs and return to profit. PAL said the next few months will be crucial as the new PAL management introduces major changes to...

PAL posts P3B loss in H1

PAL posts P3B loss in H1

Aug. 15 | Philippine Airlines (PAL) reported a net loss of P3.01 billion for the first half of 2019, 355% more than its year-on-year loss of P661.56 million due to higher operational expenses following a change in accounting policies. Consolidated revenues for...

Santa Maria appointed new PAL president

Santa Maria appointed new PAL president

Jul. 30 | Business process outsourcing veteran Gilbert Santa Maria has been elected president, chief operating officer and director of flag carrier Philippine Airlines (PAL). Santa Maria’s appointment took effect on July 29, the same day his election and appointment...

Marked improvement seen in PAL, Cebu Pacific on-time performance

Marked improvement seen in PAL, Cebu Pacific on-time performance

Jul. 13 | The flight on-time performance (OTP) of Philippine Airlines (PAL) and Cebu Pacific at Ninoy Aquino International Airport (NAIA) has significantly improved just two weeks after the airlines signed a pledge committing to support the government’s efforts...

Changing of the guards at PAL

Changing of the guards at PAL

Jun. 21 | Vivienne K. Tan has been appointed as officer-in-charge of flag carrier Philippine Airlines (PAL) following the retirement of PAL president and chief operating officer Jaime J. Bautista (JJB). The airline, in a statement, said chairman and chief executive...

PAL narrows Q1 loss by almost 70%

PAL narrows Q1 loss by almost 70%

May. 11 | Philippine Airlines (PAL) reported a net loss of P60.81 million for the quarter of 2019, 69.8% lower than the P201.63 million posted in the same period last year. Revenues for the first three months of 2019 amounted to P39.27 billion, 7.2% higher than...

PAL narrows annual loss by 38% as passenger, cargo revenues jump

PAL narrows annual loss by 38% as passenger, cargo revenues jump

Apr. 13 | Philippine Airlines (PAL) ended 2018 with a consolidated total comprehensive loss of P2.8 billion, 38.3% less than its comprehensive loss of P4.6 billion in 2017. Consolidated revenues for 2018 amounted to P150.4 billion, up 16.2% over 2017’s P129.5...