Lucio Tan’s grandson takes key posts in family enterprises

Lucio “Hun hun” C. Tan III, grandson of tycoon Dr. Lucio C. Tan, Sr., has been elected as director of PAL Holdings, Inc. (PHI)…

PAL group sinks deeper into red with P7.86M loss in Jan-Sept

PAL Holdings, Inc. reported a bigger loss of P7.863 million in the first nine months of 2019 from the P3.287 million it lost in…

PAL Holdings president Lucio “Bong” Tan, Jr. dies

PAL Holdings, Inc. president Lucio Tan, Jr. passed away on the morning of November 11 due to brain herniation. Tan, Jr., 53, was hospitalized…

Santa Maria quits as chief of PAL Holdings, stays on at PAL Inc

Gilbert Santa Maria has resigned as president and director of PAL Holdings, Inc., the holding company of airline PAL Inc, just three months after…

ANA Holdings joins PAL board of directors following share purchase

Philippine Airlines (PAL) has elected ANA Holdings, Inc. (ANA HD) senior advisor Ryuhei Maeda as a member of its Board of Directors, after the…

Cargo revenue decline sets back PAL income by 57%

Philippine Airlines (PAL) posted a double-digit decline in net income for the first nine months of 2016, reporting a 57% reduction to P2.599 billion…