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‘Now is best time for PAL to sell’

This is the best time for flag carrier Philippine Airlines (PAL) to sell a portion of the company, as investors are attracted to buy into it with travel and tourism picking up momentum, according to analysts......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

PAL denies that it has started the groundwork to sell a minority stake to strategic investor

Philippine Airlines issued a clarification to a news article that claimed PAL was looking to sell a 20% to 25% minority stake to a strategic investor, and that PAL “recently formed a team to ‘receive some offers’”......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

PAL revives stake sale to investors

Taipan Lucio Tan has revived plans to sell a significant stake in Philippine Airlines (PAL) to a strategic investor who could help the flag carrier soar to even greater heights, industry sources said......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

PAL golf: Southwoods braces for Eastridge challenge

Manila Southwoods is bracing for its biggest fight in its dynastic reign in the Philippine Airlines (PAL) Regular Men’s Interclub championship with Eastridge coming up as a force with a program that already beat the Carmona-based squad three months ago......»»

Category: sportsSource:  philstarRelated NewsFeb 27th, 2024

CDO sticks to winning formula

Del Monte broke through as a Philippine Airlines Interclub titlist in the Seniors division last Sunday, and Yoyong Velez, the lawyer-turned-team builder, vowed that they will stick to the formula that gave them glory......»»

Category: sportsSource:  philstarRelated NewsFeb 26th, 2024

Del Monte savors sweet triumph

Del Monte accounted for its week-worst 141 points to close out Seniors Championship division play in the 75th Philippine Airlines Interclub, still more than enough for the Bukidnon-based bets to crown themselves champions for the first time......»»

Category: sportsSource:  philstarRelated NewsFeb 26th, 2024

Four-way rumble looms as Interclub unfolds

The 75th Philippine Airlines Senior Interclub golf team championships unwrap today at the Pueblo de Oro Golf and Country Club in Cagayan de Oro with title holder Luisita bracing for a tough, tough challenge......»»

Category: sportsSource:  philstarRelated NewsFeb 21st, 2024

Quietly delivering

When Transportation Secretary Jimmy Bautista was still president of Philippine Airlines, I had a long conversation with him about the need to expand and upgrade the facilities at NAIA......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

As air fares go up, airlines dangle early bookings for flights

As worries that air fares may rise in the coming months, the country’s top carriers are urging travelers to book their flights early to take advantage of cheaper prices......»»

Category: financeSource:  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

PAGSS awarded by JDL Express of China for service excellence

Jiangsu Jingdong Cargo Airlines, a subsidiary of one of the biggest freighter and cargo operators, JDL Express of China, recently awarded the Philippine Airport Ground Support Solutions, Inc (PAGSS), its Ground Handling and Cargo Handling partner in Manila. The award was given in commemoration of its successful launch and excellence in service. The said award […].....»»

Category: newsSource:  journalRelated NewsFeb 13th, 2024

Chinese tourist inflow in Philippines still lagging

Airlines across Asia, including in the Philippines, should expect the Chinese market to recover to pre-pandemic levels only by 2025......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

PAL stops elderly Fil-Am with COPD from flying sans oxygen tank

MANILA, Philippines — Flag carrier Philippine Airlines  stopped an elderly Filipino-American woman from flying back to the United States due to her medical condition, a US media report said. Jovita Domingo, 86, was not allowed to board a PAL flight despite showing a doctor’s certificatioon saying she was “fit to travel by air” and that.....»»

Category: newsSource:  inquirerRelated NewsJan 27th, 2024

Ban sought vs those who joke about bombs

Local airlines are asking for help in banning persons or air passengers who make bomb threats or jokes......»»

Category: newsSource:  philstarRelated NewsJan 25th, 2024

BI bars entry of three American sex offenders at NAIA and Cebu airports

Bureau of Immigration (BI) Commissioner Norman Tansingco said that three sex offenders were turned away by BI officers in the international airports of Manila and Cebu. Excluded last January 10 at the Ninoy Aquino International Airport (NAIA) terminal 1 was American national Rolando Camama, 73, who arrived on board a China Airlines flight from Taipei. […].....»»

Category: newsSource:  journalRelated NewsJan 14th, 2024

Cebu Pacific named among safest budget carriers globally

Low-cost carrier Cebu Pacific has landed as one of the safest low-cost airlines in the world, beating nearly 400 global operators in terms of compliance with international standards, according to AirlineRatings.com......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

Energy policy failure

The Department of Energy has revealed that the total capacity of power plants in forced outages has more than doubled over the past two weeks compared to the average 700 MW recorded over the last four years. Of course. What would they expect after officials of the DOE, past and present, did nothing about the inconvenient reality that 50 percent of our operating power plants are over 20 years old and are losing their reliability......»»

Category: financeSource:  philstarRelated NewsApr 24th, 2024

NBA: James triple-double pulls Lakers past Grizzlies

LeBron James returned from a one-game absence to post a 23-point triple-double on Wednesday and lead the Los Angeles Lakers to a 136-124 NBA victory over the Memphis Grizzlies. James sat out the Lakers’ come-from-behind double-overtime victory over the Milwaukee Bucks on Tuesday with a sore left ankle. READ: NBA: Giannis tows Bucks over Thunder .....»»

Category: newsSource:  inquirerRelated NewsMar 28th, 2024

3 Cebu fires on Tuesday raze over P2.4M in properties

CEBU CITY, Philippines — The 3 Cebu fires that struck Cebu on Tuesday burned over P2.4 million worth of properties and left over 400 individuals homeless. On Tuesday, March 19, 2024, firetrucks can be heard blazing through the streets of Cebu City and Talisay City as they responded to 3 separate fires. At around 11:14.....»»

Category: newsSource:  inquirerRelated NewsMar 20th, 2024

West divided over seizing Russian assets - Bloomberg

France and Germany have warned that outright confiscation would reflect badly on the West's financial system A rift is growing between Western allies over confiscating frozen Russian assets to help Ukraine as they continue to argue over legal ways to use the immobilized funds, Bloomberg reported on Wednesday.  &n.....»»

Category: sportsSource:  abscbnRelated NewsMar 1st, 2024