PAL Holdings Inc., the parent firm of flag carrier Philippine Airlines (PAL), said net income in the first half grew tenfold to P5.86 billion from P560.2 million a year ago on higher passenger volumes and the introduction of new routes.

In a statement, PAL said the 37 percent increase in the number of passengers mainly for the Americas, Australia, Japan and Middle East routes, coupled with the interlining arrangement with PAL Express in the domestic sector, contributed to the favorable revenue performance during the period.

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