Rising demand and restructuring changes are paying off for Philippine Airlines

Philippine Airlines (PAL) has boosted its domestic and international capacity significantly in the months since the government reopened borders, which helped the airline return to profitability in its most recent quarters. Also helping the airline’s financial performance is its recent restructuring. PAL was hit hard by the onset of the pandemic,…Philippine Airlines (PAL) has boosted its domestic and international capacity significantly in the months since the government reopened borders, which helped the airline return to profitability in its most recent quarters. Also helping the airline’s financial performance is its recent restructuring. PAL was hit hard by the onset of the pandemic,…Read More