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Philippine Airlines gets 4-star global rating

MANILA, Philippines — Philippine Airlines (PAL) has been certified as a four-star airline by Skytrax, the international air transport rating organization......»»

Category: newsSource: philstar philstarFeb 9th, 2018

Philippine Airlines gets 4-star global rating

MANILA, Philippines — Philippine Airlines (PAL) has been certified as a four-star airline by Skytrax, the international air transport rating organization......»»

Category: newsSource:  philstarRelated NewsFeb 9th, 2018

4-STAR @ 77 for PAL

Philippine Airlines celebrated an especially sweet 77th birthday last March 15, coming soon after the flag carrier's attainment of 4-Star global airline status....Keep on reading: 4-STAR @ 77 for PAL.....»»

Category: newsSource:  inquirerRelated NewsMar 17th, 2018

PAL earns 4-star rating from Skytrax

FLAGSHIP carrier Philippine Airlines (PAL) has been certified as a four-star airline by international air transport rating organization Skytrax. The four-star rating means that the airline company has excellent standards in terms of production and staff services across different assessment categories for both onboard and airport environments. PAL is the only local airline company to […] The post PAL earns 4-star rating from Skytrax appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsFeb 9th, 2018

PAL certified as 4-star airline

MANILA, Philippines— Lucio Tan-led flag carrier Philippine Airlines (PAL) is now a 4-star airline. International air transport rating organization Skytrax certified PAL as a 4-star airline, after it conducted an audit of the airline's in-flight and on-ground service and noted major enhancements to its end-to-end passenger experience, PAL announced on Thursday, February 8. “This ........»»

Category: newsSource:  rapplerRelated NewsFeb 9th, 2018

PAL to set new milestones in fleet modernization program

Airbus A350. PHOTO from Philippine Airlines 4-Star carrier Philippine Airlines is in the midst of a fleet modernization program in its bid to transform itself into Asia's airline of choice wit.....»»

Category: newsSource:  philippinetimesRelated NewsMay 15th, 2018

S& P upgrades Security Bank to investment grade, affirms rating for DBP

S&P Global Ratings bumped up its credit ratings on Security Bank Corp., while affirming its ratings on Development Bank of the Philippines (DBP) following an upgrade on the Philippine banking industry’s credit risk assessment. In a statement sent to reporters late Monday, the global debt placed Security Bank to investment grade as it upgraded the […] The post S&P upgrades Security Bank to investment grade, affirms rating for DBP appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 15th, 2018

S& P hints at possible Philippine credit rating upgrade

By Melissa Luz T. Lopez, Senior Reporter S&P Global Ratings bumped up its outlook on the Philippine economy as it took stock of tax reform and “improved” fiscal policies, paving the way for a possible rating upgrade in the short term. The debt watcher revised its credit outlook for the Philippines to “positive” from “stable,” […] The post S&P hints at possible Philippine credit rating upgrade appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsApr 28th, 2018

S& P raises Philippine credit outlook

S&P Global Ratings has raised its credit outlook for the Philippines to positive from stable, raising the possibility of a rating upgrade for the country on the back of solid economic growth, healthy external position, and improvements in policy-making......»»

Category: financeSource:  philstarRelated NewsApr 27th, 2018

S& P raises outlook for Philippine economy to positive, hints at rating upgrade

S&P Global Ratings has raised its outlook for the Philippine economy, increasing the prospect of a rating upgrade for the country on the back of improving policymaking and solid economic growth......»»

Category: newsSource:  philstarRelated NewsApr 27th, 2018

S& P upgrades Philippines’ credit outlook to ‘positive’

By Melissa Luz T. Lopez, Senior Reporter S&P Global Ratings bumped up its outlook on the Philippine economy, as it took stock of tax reform and “improved” fiscal policies which support solid economic growth. The debt watcher revised its credit outlook for the Philippines to “positive” from “stable,” hinting stronger chances of bagging a rating […] The post S&P upgrades Philippines’ credit outlook to ‘positive’ appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsApr 26th, 2018

With new fleet, PAL readies nonstop flights to New York, India

MANILA, Philippines – Philippine Airlines (PAL) will mount nonstop flights to New York and India as well as boost its operations in Davao, Cebu, and Clark in Pampanga, as the flag carrier expects the arrival of 21 new planes by 2019. PAL, the country's only 4-star airline, ........»»

Category: newsSource:  rapplerRelated NewsApr 16th, 2018

PAL signs deal with Amadeus for IT system

PHILIPPINE Airlines (PAL) has signed an agreement with Amadeus to upgrade the flag carrier’s core technology systems amid efforts to become a five-star airline by 2020. In a statement, PAL said it will adopt the Amadeus Altea Suite, described as a complete passenger service system to streamline and improve services from reservation to flight management. […] The post PAL signs deal with Amadeus for IT system appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsMar 19th, 2018

New airport infrastructure key to PAL’s ‘five-star’ goal

Improvements in the country's aviation infrastructure --- in particular, having a new airport that can facilitate more aircraft movements --- are crucial for the Philippine Airlines to be able to achieve its goal of joining the ranks of the world's five-star carriers by 2020.   Thus said PAL president Jaime Bautista as he laid out the next steps the Lucio Tan-owned flag carrier will take over the next two years to capitalize on the gains of its recent upgrade to four-star status by international airline accreditation body Skytrax.   "Airport improvements are very important to us, especially for our goal to get the five-star status," he said in a press briefing in Ma...Keep on reading: New airport infrastructure key to PAL’s ‘five-star’ goal.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2018

PAL to spend around $2 billion on 15 new planes in 2018

MANILA, Philippines (UPDATED) – Flag carrier Philippine Airlines (PAL) is continuing with its fleet modernization program in a bid to push its newly acquired 4-star airline status to 5 stars. "We are expecting to take delivery of 15 aircraft this year – 4 Airbus A350s, 6 Airbus A321neo (new engine ........»»

Category: newsSource:  rapplerRelated NewsFeb 13th, 2018

‘Grand Deception’ by Jun Ledesma

Letters From Davao: WHEN RAPPLER through its President, Maria Ressa, was caught trifling with an important tenet in the Philippine constitution that mandates that Philippine media should be 100% owned by Filipinos the Securities and Exchange Commission ordered it closed. Rappler was parading like it is wholly owned by Filipinos but turned out it accepted investment from Omidyar Network (ON) which is known for its notoriety in destabilizing heads of state that are not docile to America. It tried deception by claiming that the Philippine Deposit Receipts it issued to ON money was for philanthropic contribution. The attempt dragged them deeper in shit as PDRs are actually commercial instruments. When this trick did not work, Ressa again tried another act this time claiming that Omidyar signed a waiver on its veto power. Again this did not pass scrutiny of the SEC because the said waiver was discovered to be just a scrap of paper as the document was not notarized.  Running out of deceptive tricks Ma. Ressa went berserk when she was served the closure order and went about town crying her freedom is being curtailed by Pres. Rodrigo Duterte no less. Her partner Pia Ranada did the same screaming she will be jailed by Duterte’s military. The grandstanding, it was obvious, was to stonewall the criminal violation they committed and to paint Rappler and its staff headed by Ressa as victims of oppression and dictatorial regime of Duterte. Contrary to its claim that they have lost their freedom of expression, more than ever Rappler had increased the crescendo of its unfettered attack on no less than the President Duterte himself. Ressa spearheaded a Black Friday movement supported by a handful of students from where else by the University of the Philippines campus and the usual garrulous but moribund Liberal Party stalwarts headed by VP Leni Robredo. They were joined in by UN Rapporteur Agnes Callamard and her local counterpart Chito Gascon in denouncing the Duterte government for curtailing the freedom of the press. Other foreign-funded media outfits joined the fray for obvious reason.  Theirs is a cacophony of ridiculous chants. Robredo warned that the closure of Rappler is a symptom of a dark future of the country. The juvenile delinquents in the UP campus joined pipsqueak assemblies with screaming placards denouncing Pres. Duterte and his “malignant forces that continue to peddle lies to justify their tyranny and dictatorship”.  They cut classes to face the TV cameras and klieg lights unmindful of yet another spectacular grade the survey firms Social Weather Station and Pulse Asia showing an “excellent” grade on the sustained trust and popularity of the nation on Duterte which they had been flagellating no end.  No one seems to mind their issue about tyranny and dictatorship as the World Bank grudgingly declared that “DDS killed democracy in the Philippines but they haven’t killed the country’s vibrant economy”.  Forbes, an international business magazine, likewise quoted WB on its Global Economic Prospects, which asserts that “Duterte Philippines is the 10th fastest growing economy in the world”.  The statistics is a slap on the face of VP Robredo who remains to be an incurable pessimist despite the figures that cannot lie. She continues to see the future of the Philippines in dark glasses forgetting that she is a Vice President and therefore should have celebrated with the rest for the gains that the country achieved. For her part, Maria Ressa simply ignored what Forbes and WB declared.  Maybe out of outrage that the Robredo seemed to be out of sync and blinded by sheer politicking and negativism, UP Political Science professor and political analyst, Clarita Carlos,  made a five-worded message to The Vice President thus: “President Duterte moves the Philippines forward”. To those who denigrate Duterte from cutting the country’s umbilical cord to America, Professor Carlos had this to say. “Duterte has moved the Philippines away from the usual foreign policy and in turn ‘defined national interest’ by tracking his own way of foreign policy”. She admired Duterte for his political guts and courage.  It is indeed pathetic that while the Philippines rise several notches higher in political and economic arena the opposition and the foreign-aided media outfits shamelessly continue to belittle these achievements. It is no small feat that Philippines came out stronger in economic growth than China in the 3rd quarter of 2017. On the 4th quarter moreover China rallied (6.9%) and landed on top of Asian countries followed by Vietnam (6.8) and Philippines 6.7%. The Philippines however has been growing more than 6% for nine consecutive quarters and that sustained growth is best among Asean nations. Any which way you look at it, that spells economic stability and investment grade for investors service firms like Moody’s and other international credit rating institutions. Cause and effect is a simple gauge to measure the impact of the tyranny and dictatorial regime that Rappler and its sympathizers have been accusing the Duterte regime. But as I always say, no one can quarrel with success especially when institutions of unquestionable stature put the positive figures across. Expect the economy to grow even faster in 2018 when infrastructure spending commences under the Duterte’s Build, Build, Build program. As we all know, the government had earmarked P8.4-trillion to achieve the mega infrastructure projects comprising of railways, highways and bridges, irrigation’s, airports and seaports to name a few. The job opportunities that these programs will generate are equally mind-boggling. […].....»»

Category: newsSource:  mindanaoexaminerRelated NewsFeb 1st, 2018

Airlines eye return of fuel surcharge

Airline ticket prices could go up this year as domestic carriers consider asking the government to again allow a fuel surcharge mechanism. This was ordered scrapped in 2015 as global oil prices saw a sharp decline---a trend that has been gradually reversing in recent years. Inquirer sources said large carriers such as Philippine Airlines (PAL) could soon seek the government's permission to pass on part of their fuel bill---a major operating cost for airlines---to customers as they had done before when the fuel surcharge was allowed. A PAL spokesperson could not be immediately reached for comment, while a Cebu Pacific Air official said there was "no view" yet on any move to file a p...Keep on reading: Airlines eye return of fuel surcharge.....»»

Category: newsSource:  inquirerRelated NewsJan 23rd, 2018

PAL eyes 5-star status, focus on passengers

CLARK FREEPORT --- The Philippine Airlines (PAL), the country's flag carrier is eyeing a five-star status by 2020. In a press statement sent to SunStar Pampanga, PAL underscored its tra.....»»

Category: newsSource:  philippinetimesRelated NewsJan 5th, 2018

PAL hopeful to become 4-star airline this 2018

MANILA, Philippines – Listed Philippine Airlines Incorporated (PAL) remains hopeful that it will be able to join the prestigious circle of 4-star carriers this 2018, as it accelerates efforts in expanding routes, upgrading fleet, and modernizing passenger service. This is part of its efforts to earn 5-star status as a globally competitive ........»»

Category: newsSource:  rapplerRelated NewsJan 2nd, 2018

Meet 2017 s ten most powerful people in sports in Asia

In Asia, sports equals passion, and these ten big names in the sporting world today have led their respective organizations to amazing heights this year. Let’s take a look at 2017’s Top 10 People Behind the Biggest Sports Media Properties in Asia.   #1 Gianni Infantino, President of the FIFA World Cup Gianni Infantino is a football administrator and the current President of the FIFA World Cup. The FIFA World Cup is an international football association and tournament held every four years. Men’s football is arguably the most popular sport in the entire world and the same is true for Asia. The sport retains large numbers in viewership and will continue to do so in the foreseeable future. Countries like Singapore, Korea and Australia all follow football religiously.   #2 Aleksander Ceferin, President of UEFA Champions League Aleksander Ceferin heads the UEFA Champions League, an annual football competition, unlike FIFA which is only held every four years. The Union of European Football Associations (UEFA) is one of the most prestigious football tournaments in the world and is participated by top-division European football clubs. Although it does not consist of Asian teams, UEFA remains popular among the Asian people due to the popularity of football as a sport.   #3 Chatri Sityodtong, Chairman and CEO of ONE Championship When billionaire Chatri Sityodtong conjured up the idea for ONE Championship, he envisioned the entire Asia united under a single sport. ONE Championship has achieved tremendous success since its establishment in 2011. Martial arts is considered a Pan-Asian sport and for the first time in Asian history, it is a sport that has transcended regional and cultural boundaries. Currently the largest global sports media property in Asian history. Today, ONE Championship is broadcast to over one billion viewers in over 128 countries across the globe.   #4 Horacio Muratore, President of FIBA Having been president of FIBA since 2014, Horacio Muratore has continued to develop the sport of basketball, not just in Asia, but in the entire world. The FIBA Basketball World Cup was established in 1950 and is an international basketball competition held every four years since its inaugural year. It also has popular variations in the FIBA Asia Championships and FIBA EuroBasket. The next tournament is scheduled for Beijing, China in 2019. Basketball’s popularity in Asia remains concentrated in the Philippines, Taiwan and China where the sport enjoys a very strong and faithful following.   #5 John Malone, Owner of Formula One Although Bernie Ecclestone, Formula One’s colorful chief executive remains at the helm of business operations, new owner American billionaire John Malone purchased the company in early 2017 and has since continued to deliver fans heart-pumping auto-racing action. Formula One, also known as Formula 1 or simply as F1, is the highest class of single-seater international auto-racing tournament in the world. Held in different variations depending on the region, the races are held regularly on an annual basis on purpose-built F1 circuits or public roads. The most popular variation in Asia is the Singapore Grand Prix which normally takes place on the Marina Bay Street Circuit. The Singapore Grand Prix was first held in 1966. It is the first of its kind in Asia.   #6 Rob Manfred, Commissioner of Major League Baseball Rob Manfred was named the 10th Commissioner in the history of Major League Baseball a wildly popular sport not just in the United States, but also in Japan, Taiwan, and China. Major League Baseball or the MLB is the most recognizable professional baseball organization in the world. It is immensely popular especially in Japan where baseball is almost considered a national sport. Since 1986, an all-star team from the MLB is sent to a biennial end-of-season tour of Japan. It is called MLB Japan All-Star Series wherein exhibition games are held in a best-of format against all-stars from the Nippon Professional Baseball (NPB) league. Aside from MLB Japan Serie, there also exists an MLB China Series and an MLB Taiwan Series.   #7 Hemang Amin, Chief Operating Officer of Vivo Indian Premier League Heman Amin has been a part of the BCCI, which governs the Vivo Indian Premier League, for the past seven years. The IPL is a professional Twenty20 cricket league established in India which is held every April and May of every year. Cricket is by far the most popular sport in India. Although a relatively new organization, having been established as recently as 2008, the IPL is one of the fastest growing sports media properties in Asia. It is currently valued at US$1.6 billion which is a monumental achievement for such a young property.   #8 Chito Narvasa, Former Commissioner of the Philippine Basketball Association Former basketball player and coach, Chito Narvasa is the ninth Commissioner of the Philippine Basketball Association (PBA). Basketball is a wildly popular sport in the Philippines, and perhaps the most widely played in the entire country. The premiere proving ground of men’s professional basketball in the Philippines is the PBA, which owns the distinction of being the first professional basketball league in Asia, and the second-oldest continuously existing league in the world apart from the National Basketball Association (NBA). The PBA played its first game in 1975, and today fuels a hoop-crazy nation that loves its basketball.   #9 Cai Zhenhua, President of the Chinese Football Association China has a burgeoning football obsession, with support from Chinese President Xi Jinping himself who is helping to develop the sport. Cai Zhenhua is the current President of the Chinese Football Association, which governs the sport in China.China’s passion for football is manifest in the Chinese Super League (CSL), which is the highest tier of professional football in the country. With a season that starts in March and ends mid-November, the CSL features 16 football clubs in its current season. The league, the largest in China, now operates under the management of the Chinese Football Association. The current champions are the Guangzhou Evergrande.   #10 Mitsuri Murai, Chairman of Japan Professional Football League Inaugurated in 2014, Mitsuri Murai is the Chairman of the Japan Professional Football League, or more popularly known as the J.League. Japanese professional football league, J.League is one of the most successful football leagues in all of Asia. It is the top level of Japan’s professional football scene, which is one of the most popular sports in all the region. With an annual revenue of over $560-million, the J.League features three football levels: J1, J2, and J3. The league is also governed by FIFA on the global level......»»

Category: sportsSource:  abscbnRelated NewsDec 19th, 2017

Global Cebu settles for 2nd in Singapore

Global Cebu's historic run in the RHB Singapore Cup 2017 came to a heartbreaking end on Saturday after the Philippine club bowed to Albirex Niigata in a penalty shootout at Jalan Besar Stadium. The Filipinos equalized twice to send the game to a shootout only to falter, 1-3, as the Japanese-flavored side playing in the Singapore League wrested the crown for the second straight season. "You can see we came here to do what we had to do, so credit to the players who never gave up," said Global Cebu coach Akbar Nawas. Former National U star Paolo Salenga sent the game to extra time by heading home a free kick from Pika Minegishi in the 109th minute, after Kento Nagasaki put Albirex ...Keep on reading: Global Cebu settles for 2nd in Singapore.....»»

Category: newsSource:  inquirerRelated NewsNov 26th, 2017