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23
Oct

Tan starts offer for PAL shares

on Thursday, 23 October 2014 00:53.

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Group uses same terms in acquiring SMC stake
By Miguel R. Camus | Philippine Daily Inquirer

Lucio-Tan-inquirer.netMANILA, Philippines–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.

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22
Oct

Dragonair named ‘Best Regional Airline’ for fifth consecutive year

on Wednesday, 22 October 2014 00:46.

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Manila Bulletin

dragonair-award-dragonair.comDragonair has once again been named ‘Best Regional Airline’ at the 25th Annual TTG Travel Awards Ceremony held this year in Bangkok, making it the carrier’s fifth consecutive year to be given this honor.

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22
Oct

After huge jet orders, budget airlines eye rich seam of aircraft leasing

on Wednesday, 22 October 2014 00:26.

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By Anshuman Daga and Tim Hepher | Reuters

SINGAPORE/PARIS, Oct 22 (Reuters) - From Scandinavia to Southeast Asia, low-cost airlines have ordered record numbers of planes in recent years, redefining the jet industry. Now they plan to lease out scores of their new planes, re-ordering the aviation business all over again.

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22
Oct

PAL Holdings buyout offer set at P1.19

on Wednesday, 22 October 2014 00:30.

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BusinessWorld Online

Philippine-Airlines-LogoCOMPANIES associated with Lucio C. Tan have offered to buy out minority shareholders in PAL Holdings, Inc. and Philippine Airlines, Inc. at P1.19 per share and P0.31 per share, respectively, not later than Nov. 26, PAL Holdings said in a brief disclosure on Wednesday.

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21
Oct

Fast Travel initiative gains momentum in Asia-Pacific destinations

on Tuesday, 21 October 2014 00:22.

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By Emmie Abadilla | Manila Bulletin

IATAMore passengers in Asia Pacific are checking in online and the airline industry targets to implement Fast Travel projects covering 27% of eligible passengers this year.