All Nippon Airways (ANA) is engaged in talks with Philippine Airlines (PAL) for a strategic investment in PAL, although a deal is yet to be finalized. ANA said it is “in discussion with PAL Holdings but we have not made a concrete decision yet.” The carrier “continually reviews its market strategy and considers investment opportunities that would fit our mid-term corporate strategy for FY2018-2022.” PAL, meanwhile, confirmed that “talks are ongoing with ...

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