Philippine Airlines (PAL) is targeting to reach P10 billion in net income this year, a turnaround after the flag carrier completed its voluntary Chapter 11 bankruptcy process in 2021. Stanley Ng, president of the Lucio Tan-owned airline, attributed this positive outlook on the resurgence of air travel following the easing of mobility restrictions. “This year, … Continue reading ‘Through the roof’ bookings to help PAL hit profitability this year