THE country’s flag carrier Philippine Airlines (PAL) announced on Thursday that its net income for the first seven months of the year amounted to $138 million, significantly higher than its full-year income in 2014.

The airline reported a comprehensive income of $20.4 million for the whole of 2014, noting that its financial performance last year snapped a three-year losing streak.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details