Flag carrier Archives

PAL posts net income of $98 million for third quarter of 2023

The flag carrier also announced moves to upgrade its fleet and product offerings, including the recent acquisition of Airbus A350-1000 long-range aircraft valued at a list price of over $3.2 billion. Lucio Tan III, president and COO of PAL Holdings Inc. Philippine Airlines (PAL) continues to soar to new heights…

Lucio Tan III is PAL Holdings Inc.’s new president

PAL Holdings Inc. appoints Tan as president, while his grandfather, Dr. Lucio C. Tan, retains key positions within the holding company. Lucio Tan III, PAL Holdings Inc. president, says he looks forward to working with the PAL team "under the leadership of its president and COO, Capt. Stanley Ng, to…

Philippine Airlines edges out local rivals as top on-time performer

In terms of on-time performance (OTP), Philippine Airlines (PAL), the nation’s flag carrier, continues to lead other Philippine-based carriers during the second half of 2019. As the country’s leading on-time performer, PAL achieved an all-time high of 92 percent on-time flights in October for both international and domestic flights, said…