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PAL expands Mactan-Japan flights

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Flag carrier Philippine Airlines will expand flights to Japan out of Mactan Cebu International Airport, the country’s second-biggest airport.

Posted: October 29th, 2014 in Headlines | Read More »

Smart tender offer move

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Businessman Lucio Tan’s latest action in the country’s flag carrier, Philippine Airlines (PAL), once more proved his business acumen.

Posted: October 27th, 2014 in Headlines | Read More »

Tan starts offer for PAL shares

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LUCIO TAN

Businessman Lucio Tan on Wednesday launched a voluntary tender offer priced at a sharp discount to buy out minority shareholders of flag carrier Philippine Airlines and its listed owner PAL Holdings Inc., according to a regulatory filing.

Posted: October 23rd, 2014 in Latest Business Stories | Read More »

Lucio Tan offers to buy out PAL minority shareholders

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Lucio Tan FILE PHOTO

The group of businessman Lucio Tan is offering to buy out minority shareholders of flag carrier Philippine Airlines (PAL) and its listed holding firm, PAL Holdings Inc., in a voluntary tender offer transaction, a company official said on Friday.

Posted: October 17th, 2014 in Latest Business Stories | Read More »

PAL seen taking more conservative stance

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Philippine Airlines   CONTRIBUTED PHOTO

Philippine Airlines is considering deferring some orders from French plane maker Airbus SAS, signaling that the airline management is taking a more conservative expansion approach after taipan Lucio Tan last month retook the helm of the flag carrier from conglomerate San Miguel Corp.

Posted: October 9th, 2014 in Editor's Pick,Headlines | Read More »

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