Philippine Billionaire Lucio Tan’s PAL Holdings Returns To Profit After Downsizing Fleet, Debt Restructuring - Forbes

PAL Holdings has returned to the black in 2021, ending four years of losses after the flag carrier downsized its fleet, retrenched staff and restructured its debts.

A Philippine Airlines (PAL) plane takes off at the Ninoy Aquino International Airport (NAIA) in ... [+] Manila on August 5, 2010. AFP PHOTO/NOEL CELIS (Photo credit should read NOEL CELIS/AFP via Get… [+2630 chars]

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