Philippine Carriers' Profits Soar

The two major carriers in the Philippines have both recorded strong increases in net profits for the first half of the year, although Philippine Airlines (PAL) improved the most and overtook its LCC rival Cebu Pacific. Cebu this week posted a net profit of 5.2 billion Philippine pesos ($53.98...
Adrian Schofield

Adrian is a senior air transport editor for Aviation Week, based in New Zealand. He covers commercial aviation in the Asia-Pacific region.

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