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27
Sep

SEC clears PAL’s equity restructuring

on Wednesday, 27 September 2017 00:36.

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By Louella Desiderio | The Philippine Star

MANILA, Philippines — Philippine Airlines (PAL) has secured the approval of the Securities and Exchange Commission (SEC) to decrease its capital stock, a move that would allow the flag carrier to attract new investors.

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27
Sep

PAL restructuring approved

on Wednesday, 27 September 2017 00:35.

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By Miguel R. Camus | Philippine Daily Inquirer

Flag carrier Philippine Airlines Inc. has obtained regulatory approval to restructure its equity—a development that it expects will make it more attractive to investors.

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25
Sep

Seniors, PWDs get 20% discount on CebuPac

on Monday, 25 September 2017 00:32.

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By Louella Desiderio | The Philippine Star

MANILA, Philippines — Senior citizens and persons with disabilities (PWDs) can now enjoy a 20-percent discount on top of the 12-percent value-added tax (VAT) exemption on airfare on Cebu Pacific’s domestic flights across all booking systems.

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25
Sep

PAL trims flights to Auckland

on Monday, 25 September 2017 00:33.

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By Louella Desiderio | The Philippine Star

MANILA, Philippines — Flag carrier Philippine Airlines (PAL) is reducing flights on the Manila-Cairns-Auckland route amid a cut in fuel supply at the Auckland airport in New Zealand.

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25
Sep

Mactan airport operator aims to double number of airlines

on Monday, 25 September 2017 00:31.

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By Arra B. Francia | BusinessWorld Online

DIVERSIFIED engineering conglomerate Megawide Construction Corp. expects to double the number of airlines flying in and out of the Mactan-Cebu International Airport (MCIA) in a span of less than three years, as it concludes construction for the airport’s second terminal in June 2018.