CebuPac, PAL among three most profitable airlines in SEAsia
MANILA, Philippines - Aviation think tank Centre for Asia Pacific Aviation (CAPA) reported that budget airline Cebu Pacific and national flag carrier Philippine Airlines emerged among the top three most profitable airlines in Southeast Asia, surviving the extremely challenging market conditions in the region.
Lucio Tan group retakes PAL’s helm
San Miguel’s 49% stake reacquired in $1-B deal
By Doris C. Dumlao, Miguel R. Camus | Philippine Daily Inquirer
Tycoon Lucio Tan on Monday officially reclaimed management control of flag carrier Philippine Airlines after executing the buyout of the 49-percent stake held by conglomerate San Miguel Corp.
Qatar Airways offers hefty discounts for Clark flights
MANILA, Philippines - Qatar Airways is offering hefty discounts to lure more passengers to fly to Doha via Clark International Airport.
Tan vows to build new PAL under his management
Tycoon Lucio Tan is now geared to build a whole new Philippine Airlines after his $1-billion takeover of the 49 percent stake held by San Miguel Corporation that occurred merely a week ago, eyeing new destinations to sustain market share in the global aviation industry.
AirAsia transfers 3 int’l flights to NAIA 3
MANILA, Philippines - AirAsia Inc., the Philippine unit of low cost carrier AirAsia Berhad of Malaysia, is set to transfer three of its five international flights to Ninoy Aquino International Airport terminal 3 (NAIA3).
- CAAP sets hefty fine on illegal drone use
- 7 days to pay $1B, Tan gets loan for PAL buyback
- Cebu Pacific to fly to Riyadh starting Oct. 1
- SMC said to complete PAL sale within a week
- China carrier wants to mount flights to Manila
- Clark airport underused, solons learn firsthand
- Malaysia Airlines to slash 6,000 jobs in survival bid
- Cebu Pacific awarded seats to 5 destinations
- Parent infuses cash into AirAsia PH
- JAL Said to Plan Order for 32 Mitsubishi Regional Jets