Philippine Airlines Has First Profit In Seven Years

Philippine Airlines reported a profit of US$1.05 million for the financial year ended March 31, the first for the carrier in seven years. PAL President and Chief Operating Officer Avelino Zapanta said the mere profit was nothing to shout about but considered it an achievement compared with 1998's...

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.