PAL nets P4.15B amid recovery

By Ed Paolo Salting

Nov 12, 2022 12:16 am

FLAG carrier Philippine Airlines Inc. (PAL) registered P40.40 billion in revenues for the third quarter of 2022, up by 186 percent from its P14.12-billion figure in the same period in 2021.

The growth represented a 99.8-percent increase in passenger revenues and a 34.9 percent in cargo and ancillary revenues compared to the same period in 2021.

FLAG carrier Philippine Airlines Inc. File Photo

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