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Japan’s ANA Holdings Inc. is standing by billionaire Lucio Tan’s Philippines Airlines (PAL) as the flag carrier announced a sweeping business restructuring program last week in the wake of record financial losses in 2019. ANA Holdings, owner…
MANILA, Philippines — Lucio Tan Jr., president of airline operator PAL Holdings Inc., has died Monday, his sister Vivienne Tan said in a statement. He was 53. No cause of death was cited but Bong, as he was…
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