Browsing Tag

PAL restructuring

14 posts

PAL to raise capital to P30B

PAL to raise capital stock to P30B from P13.B Expansion of capital…
  • April 22, 2024
  • 2 minute read

PAL’s parent seeking US$100M loan to boost capital to P30B

PAL Holdings Inc. is negotiating an additional US$100 million three-year term loan…
  • March 2, 2022
  • 2 minute read

PAL picks Capt Ng as president

Philippine Airlines appointed Capt. Stanley K. Ng as president and chief operating…
  • January 31, 2022
  • 2 minute read

PAL exits Chapter 11 proceedings

PAL exits bankruptcy proceedings less than four months after September 3 voluntary…
  • January 1, 2022
  • 3 minute read

PAL restructuring plan gets US court nod

The US Bankruptcy Court of the Southern District of New York approved…
  • December 18, 2021
  • 2 minute read

PAL Holdings shareholders ok capital hike to P30B

Shareholders of PAL Holdings, the parent firm of Philippine Airlines, approved the…
  • November 26, 2021
  • 2 minute read

PAL trims nine-month loss to P27.19B

Philippine Airlines reported a loss of P27.19 billion for the first nine…
  • November 15, 2021
  • 2 minute read

Pasay court recognizes PAL Chapter 11 filing in the US

The Pasay City Court granted Philippine Airlines’ petition for recognition of the…
  • October 29, 2021
  • 2 minute read

Lucio Tan’s firm sinks $505M in PAL’s reorganization

Lucio Tan, Sr.’s Buona Sorte Holdings, Inc. will infuse a total of…
  • October 28, 2021
  • 2 minute read

PAL gets US court’s nod to access $505M financing

Philippine Airlines received US court approval to access its debtor-in-possession (DIP) financing…
  • October 4, 2021
  • 3 minute read