PAL blames yield ‘pressures’, rising costs for drop in Q2 profit

Philippine Airlines A350-900 PAL

Source: Wikimedia Commons

Philippine Airlines (PAL) will implement “a disciplined investment plan” in the near term, as it reported a steep decline in second-quarter profitability amid yield “pressures” and an rise in operating costs. 

Keep reading this article by becoming a FlightGlobal member now

PLEASE REGISTER FOR FREE OR SIGN IN TO CONTINUE READING

FlightGlobal Premium Digital

You have reached your limit of free articles for this period. Register for a FREE account to read this article and benefit from:

  • Increased access to online news and in-depth articles from:
  • FlightGlobal Premium covering the global aviation industry
  • Airline Business providing insight for business leaders
  • Weekly newsletters on topics across the industry

Join now