Fuel Costs Undermine Philippine Airlines’ Profits, But Not Its Strategy
Philippine Airlines Airbus A350-1000
Credit: Airbus
While the surge in fuel costs has tipped Philippine Airlines (PAL) into the red in the first half of 2026, the carrier said its long-term business strategy remains on track. PAL reported a net loss of $25.1 million for the six months through June 30, which is a turnaround from a profit of $136.7...
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