Philippine Airlines May Offer Minority Stake To Lure Strategic Investor
Credit: Agencja Fotograficzna Caro/Alamy Stock Photo
Philippine Airlines (PAL) has confirmed that it is considering selling a stake in the carrier to a new strategic partner, although it stressed the initiative is still in its early days. “While the [carrier’s] sentiment is strongly in favor of welcoming a strategic investor, the groundwork has yet to...
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