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PAL spending P75 billion this year to support growth

Following great annual earnings reports by both Philippine Airlines and Cebu Pacific, both domestic airlines have pledged to spend a great deal of money to expand networks, buy new planes, and service existing planes......»»

Category: financeSource:  philstarRelated NewsApr 4th, 2024

PAL prospers post-pandemic, triples profit

Lucio Tan-owned Philippine Airlines tripled its profit to nearly P17 billion in 2023, lifted by its sustained dominance in the market for international travelers even with the entry of new players......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

PAL falls to 8th place in most punctual list

Flag carrier Philippine Airlines retained its position as one of the most punctual operators in Asia Pacific, but dropped seven notches in February as Singapore Airlines zoomed to the top......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

No ‘cruel summer’ for PAL as Swifties fill flights

Fans of US music royalty Taylor Swift, collectively called Swifties, can’t seem to shake off the excitement of watching her in concert as flag carrier Philippine Airlines’ bookings to Singapore went with almost no blank space in flights......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

Southwoods rallies to rule PAL Interclub

Manila Southwoods rode on a hot start to overcome a five-point deficit and cruise to a 13-point victory in the 75th Philippine Airlines Men’s Regular Invitational at the Pueblo de Oro Golf and Country Club yesterday......»»

Category: sportsSource:  philstarRelated NewsMar 5th, 2024

Manila Southwoods roars back, claims 9th Interclub crown

Manila Southwoods battled back from a five-point deficit with a strong start then concluded with a stronger finish for 111 points, fashioning out an imposing 13-point triumph over Eastridge in the PAL Interclub Men’s regular tournament......»»

Category: sportsSource:  philstarRelated NewsMar 4th, 2024

Fierce battle up as Regular Interclub unfolds

The PAL Men’s Regular Interclub unwraps Friday, March 1, across two challenging southern courses......»»

Category: sportsSource:  philstarRelated NewsFeb 29th, 2024

Del Monte romps to 17-point Seniors Interclub breakthrough

Del Monte's relentless pursuit of a first PAL Seniors Interclub glory remained unscathed, romping away with a decisive 17-point victory over Canlubang despite posting its worst round of 141 in four days at the Pueblo de Oro Golf and Country Club in Cagayan de Oro Sunday......»»

Category: newsSource:  philstarRelated NewsFeb 25th, 2024

Del Monte edges closer to crown, leads by 18

Del Monte all but secured the PAL Seniors Interclub crown with a superb 155-point output, storming away from the pack with a commanding 18-point lead over Canlubang after three rounds of play back at their home turf in Bukidnon Saturday......»»

Category: newsSource:  philstarRelated NewsFeb 24th, 2024

Del Monte dominates at home, hikes lead to 14 points

Del Monte put up an impressive performance on their home turf, assembling a 154 to seize a commanding 14-point lead over Canlubang in the second round of the PAL Seniors Interclub......»»

Category: sportsSource:  philstarRelated NewsFeb 23rd, 2024

Seniors brace for stern Interclub test

With dry fairways conditions promising added roll and yardage, participants gear up for a shootout and at the same time a formidable test when the 75th PAL Seniors Interclub golf team championship is fired off Thursday......»»

Category: sportsSource:  philstarRelated NewsFeb 20th, 2024

Luisita seniors face stiff challenge in PAL Interclub

Luisita Golf Club is setting out for the Philippine Airlines Interclub golf team championships in high spirits as it aims to defend its title in seniors division when the 75th staging of the annual event is held on February 22 in Mindanao......»»

Category: sportsSource:  philstarRelated NewsFeb 13th, 2024

PAL secures spot among top 10 most punctual airlines in 2023

Flag carrier Philippine Airlines secured the second spot for punctuality among Asia-Pacific airlines in December 2023, according to London-based aviation analytics Cirium......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

Balai acquires Sugarhouse

Listed bakery operator Balai ni Fruitas Inc. is beefing up its portfolio with the addition of the 40-year-old legacy brand Sugarhouse......»»

Category: financeSource:  philstarRelated News16 hr. 23 min. ago

Fruitas earnings soar in 2023

Listed food and beverage retail operator Fruitas Holdings Inc. saw its earnings soar in 2023 on the back of all-time high annual revenues......»»

Category: financeSource:  philstarRelated NewsApr 16th, 2024

ATI to spend P2.7 billion for ports upgrade

The operator of some of the largest ports in the Philippines is increasing its capital expenditures to P2.7 billion this year, seeing the need to expand its capacity as trade recovers here and abroad......»»

Category: financeSource:  philstarRelated NewsApr 16th, 2024

‘GOCC suing Cavitex operator lacks authority’

The Metro Pacific Tollways Corp. has scored a state-owned firm for dragging one of its units to court without going through the proper authority in lodging a complaint......»»

Category: financeSource:  philstarRelated NewsApr 15th, 2024

Balai income up in 2023 on strong sales

Listed bakery operator Balai ni Fruitas Inc. saw its earnings expand by more than half in 2023 as sales sizzled during the year......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

Power grid operator NGCP billed P2.4B worth of CSR, PR expenses to consumers

At least 9 percent of what Filipinos pay for electricity goes to transmission charges. This means that for every P100 spent on the electricity bill, P9 goes to the NGCP......»»

Category: newsSource:  inquirerRelated NewsApr 8th, 2024

ERC suspends reserve market settlement

The Energy Regulatory Commission has ordered the Philippine Electricity Market Corp. and the Independent Electricity Market Operator of the Philippines Inc. to suspend settlement amounts in the reserve market......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024