PAL Holdings - updates

Rappler's latest stories on PAL Holdings


Earnings crash: PAL suffers net loss of P9.4 billion in Q1 2020

Jun 05, 2020 - 9:05 PM

Philippine Airlines' passenger revenues fall 21.5%, as travel restrictions hurt the aviation industry

PAL Holdings president Bong Tan dies

Nov 11, 2019 - 11:51 AM

Lucio 'Bong' Tan Jr dies at 53, just days after collapsing during a basketball game

What's next for PAL and its potential partner after P6-B settlement

Oct 10, 2017 - 7:25 PM

While PAL's stock has remained relatively steady throughout the saga, questions remain over how its talks with a potential strategic partner would be affected

This photo taken on January 26, 2016 shows tail sections of Philippine airlines (PAL) aircraft seen through heat haze while parked at the terminal II building of the Manila international airport. European plane-maker Airbus said February 17, 2016 it had won a 1.85 billion USD deal for the purchase of six A350-900s by Philippine Airlines (PAL), flag-carrier of one of Asia's fastest growing economies. AFP PHOTO / TED ALJIBE / AFP PHOTO / TED ALJIBE

Proposed SEC rule to hit San Miguel, PAL Holdings, Andrew Tan firms

Jun 17, 2017 - 10:49 AM

About 68 listed Philippine firms including 4 Andrew Tan led businesses will need to sell more shares to the public if SEC hikes the minimum public float to 20

RAISE. The SEC proposed to double the minimum public float level to 20% by July 1, 2017.

Philippine Airlines wary of martial law impact

May 25, 2017 - 8:30 PM

It will certainly affect our operations because as early as now there are already some cancellations in terms of bookings but we hope this is just temporary says PAL president Jaime Bautista

Lucio Tan group wants PAL foreign investor in by 2017

Oct 27, 2015 - 4:26 PM

I want PAL to be a 5 star airline with good service from the time they buy their ticket to the time they get their baggage from the carousel PAL Holdings president and COO Jaime Bautista says

TAP INVESTORS. 'Right now, we will need a strategic investor. Hopefully, from the same industry, but covering different regions so it can give us more connections,' PAL President Jaime Bautista says

PAL boosts US, London services with 2 more Boeing jets

Jun 19, 2015 - 4:35 PM

The lease arrangement with Intrepid Aviation brings Philippine Airlines total number of planes to 78

MORE LONG-HAUL. PAL will lease to new Boeing 777-300ERs (shown in the photo) to expand its long-haul operations. Photo from Philippine Airlines, Incorporated

PAL recovers, nets P129.74M in 2014

Apr 16, 2015 - 7:59 PM

The net income reverses PAL s P11 85B net loss end December 2013

PAL stays in the black from Jan to Sept 2014

Nov 18, 2014 - 7:51 AM

The flag carrier manages to stay profitable for the first 9 months of 2014 despite booking losses in the 3rd quarter

Lucio Tan Group offers PAL minority shareholders a ‘way out’

Oct 17, 2014 - 9:58 PM

PAL minority shareholders can sell their shares through a voluntary tender offer

PAL parent's losses quadruple to nearly P12B

Apr 16, 2014 - 2:58 PM

The legacy carrier sees mounting losses from its operations as passenger volume declines

Philippine Airlines (PAL) planes at the Ninoy Aquino International Airport in Pasay City, Philippines. File/AFP

PAL's financing options for $9.5-B refleeting

Sep 30, 2013 - 10:57 AM

Philippine Airlines is in talks with banks and export credit agencies to finance its fleet modernization program including acquisition of Airbus planes

FINANCING. Philippine Airlines (PAL) is eyeing financing options for acquisition of more fuel-efficient planes. Photo from PAL

PAL Holdings share trading to resume July 12

Jul 11, 2013 - 1:52 PM

Securities regulators allowed trading in PAL Holdings to resume after the company complied with the minimum public float rule

TRADING RESUMES. The Philippine Stock Exchange grants PAL Holdings' request to resume share trading after a suspension that lasted more than 6 months

PAL Holdings gets SEC ok to hike capital

Jul 01, 2013 - 7:45 PM

The SEC allows PAL Holdings to hike its capital so it could comply with the Philippine Stock Exchange s minimum public ownership rule

COMPLIANT. PAL Holdings Inc. sells P2.415 billion worth of shares, raising its public float level to over 10%. Photo by AFP

PAL Holdings beats public float deadline

Jun 27, 2013 - 4:21 PM

The parent of legacy carrier Philippine Airlines PAL does not name the investors who acquired the shares via private placement

COMPLIANT. PAL Holdings Inc. sells P2.415 billion worth of shares, raising its public float level to over 10%. Photo by AFP

PAL Holdings oks capital hike, eyes new investors

Jun 25, 2013 - 2:44 PM

The company says the increase in capital will allow it to accommodate independent investors who want to buy shares in the company

CAPITAL HIKE. PAL Holdings increases capital stock to accommodate new investors and raise public float. AFP Photo

San Miguel Brewery to go public again?

Jun 11, 2013 - 6:53 PM

San Miguel chairman Eduardo Danding Cojuangco Jr says they re not giving up on re listing the beer unit

PRIVATE TO PUBLIC? San Miguel Brewery, the delisted country's biggest brewer, may make a stock exchange comeback. File photo by AFP

PAL to meet public ownership reqt by June 30

Mar 15, 2013 - 11:26 AM

The parent of national carrier Philippine Airlines is increasing its authorized capital stock to 30 billion to meet the PSE s public float requirement

Photo by AFP

PAL Holdings to sell shares to meet public float rule

Mar 08, 2013 - 11:07 AM

To skirt delisting PAL Holdings is selling more shares to meet the 10 minimum public ownership

RETURN TO PROFITABILITY. PAL is confident of growth due to its re-fleeting program. AFP Photo

PAL Holdings trims losses by 24% in April-Dec

Feb 15, 2013 - 12:18 PM

UPDATED The parent of legacy carrier Philippine Airlines PAL reduced its comprehensive net losses by 24 to P2 7 billion in the first 9 months of its fiscal year largely due to the stronger peso and cheaper jet fuel

TAKE OFF. Legacy carrier PAL's financials are still in the red. Photo by AFP

PSE's final 10: San Miguel, Ongpin, Lucio Tan units among non-compliant firms

Dec 29, 2012 - 12:18 AM

After the market closed on Friday December 28 the last trading day of 2012 and the deadline to comply with the minimum 10 public ownership rule 10 firms face trading suspension and higher transaction taxes by January 2 2013

PAL Holdings shrugs off MVP-Tan talks

Jan 19, 2012 - 1:02 PM

PAL Holdings says it has no knowledge of the reported talks between key figures in the local carrier and the group of businessman Manuel Pangilinan