ANA Holdings Signs Stake In PAL; Eyes ASEAN Market Growth

Credit: Karen Walker
Executives at All Nippon Airways Holdings (ANA HD) and Philippine Airlines (PAL) began their new strategic partnership Friday after completing signing ceremonies in Tokyo. ANA HD has invested $95 million in PAL Holdings, giving it a 9.5% stake in the company. The investment was announced Jan. 29...
Karen Walker

Karen Walker is Air Transport World Editor-in-Chief and Aviation Week Network Group Air Transport Editor-in-Chief. She joined ATW in 2011 and oversees the editorial content and direction of ATW, Routes and Aviation Week Group air transport content.

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