Lucio Tan group buys back PAL majority stake for $1B

Inquirer 09/09/2014

The group of tycoon Lucio Tan signed Monday a $1-billion deal to buy back the 49-percent stake in Philippine Airlines held by conglomerate San Miguel Corp., ending a two-year-old alliance and regaining management control of the now-profitable…

PAL returns to the Middle East

Inquirer 11/06/2013

In a statement released yesterday, PALex said the new service will operate five times weekly, with flight 2P 658 departing Ninoy Aquino International Airport (Naia) Terminal 2 in Manila every Monday, Tuesday, Wednesday, Friday and Sunday at…

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