By Amy R. Remo
Publicly listed Phoenix Petroleum Philippines has inked long-term fuel supply contracts with Cebu Pacific Inc. and Universal Robina Sugar Milling Corp. (Ursumco), a move seen to further strengthen the decade-long partnership of the independent oil firm with the Gokongwei group.
Malaysia Airlines will cut 6,000 workers as part of an overhaul announced Friday to revive its damaged brand after being hit by double passenger jet disasters.
By Daxim L. Lucas
, Miguel R. Camus
The earnings streak set off by Philippine Airlines president and COO Ramon S. Ang continues as the July net income of the once money-losing flag carrier reached $11 million, bringing net income from January to July 2014 to $18.6 million.
By Ben O. de Vera
For AirAsia and its head honcho Tony Fernandes, services must be made affordable and accessible to more consumers.
By Miguel R. Camus
The Philippines and South Africa sealed a new air deal, paving the way for flights between both countries, a government official said on Thursday.