PAL’s Profit Slips Thanks To Yield Pressure, Higher Costs

Philippines Airlines A350-900
Credit: Joe Pries
Philippine Airlines (PAL) is the latest Asia-Pacific carrier to report softer profits as yields fall back from the high levels experienced in 2023. The carrier achieved an attributable net profit of PHP2.4 billion ($41.9 million) for the three months through June 30, its second quarter (Q2). This...
Adrian Schofield

Adrian is a senior air transport editor for Aviation Week, based in New Zealand. He covers commercial aviation in the Asia-Pacific region.

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