Philippine Airlines Suffers $202M Loss, Chairman Pumps In Capital

PAL
Credit: Joe Pries
SINGAPORE—PAL Holdings, the parent company of Philippine Airlines (PAL), has reported a net loss of PHP10.3 billion ($202 million) for 2019, widening from the PHP4.3 billion deficit in 2018. As COVID-19 drags on, the airline’s chairman Lucio Tan, has reportedly pumped in at least PHP15 billion...
Chen Chuanren

Chen Chuanren is the Southeast Asia and China Editor for the Aviation Week Network’s (AWN) Air Transport World (ATW) and the Asia-Pacific Defense Correspondent for AWN, joining the team in 2017.

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