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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 »

Japanese, PH carriers share flight code

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Philippine Airlines and Japan’s All Nippon Airways (ANA) sealed a so-called code-share deal that would allow them to fend off threats from budget airlines.

Posted: October 3rd, 2014 in Headlines | Read More »

PAL starts flying to NY again in March 2015

By
PAL. FILE PHOTO

Philippine Airlines said it would revive its Manila-New York flights on March 15 next year, the flag carrier’s new management announced on Tuesday.

Posted: October 1st, 2014 in Headlines,Latest Business Stories | Read More »

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