PAL losses

Philippine Airlines' (PAL) losses quadrupled to 2.2 billion pesos ($50.2 million) in the first three months of the year ending June, compared to the 1997 first quarter. A 22-day pilot strike, foreign exchange losses and higher interest charges all contributed to the loss. The airline says it will shortly unveil ...

Keep reading this article by becoming a FlightGlobal member now

PLEASE REGISTER FOR FREE OR SIGN IN TO CONTINUE READING

FlightGlobal Premium Digital

You have reached your limit of free articles for this period. Register for a FREE account to read this article and benefit from:

  • Increased access to online news and in-depth articles from:
  • FlightGlobal Premium covering the global aviation industry
  • Airline Business providing insight for business leaders
  • Weekly newsletters on topics across the industry

Join now