Philippine Airlines widens 2Q losses on higher costs

Credit: Rob Finlayson
Philippine Airlines (PAL) reported a 2019 second-quarter net loss of PHP2.3 billion ($43.6 million), widened from a PHP173.4 million loss in the year-ago quarter. A major reason for the decline was an increase in non-operating costs related to adopting a new accounting policy for certain items...

Subscription Required


This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login


Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.