Soaring fuel costs leave PAL with $159-M loss

MANILA, Philippines — Philippine Airlines (PAL) remained in the red in the first nine months of 2026, as skyrocketing fuel costs due to the Middle East conflict wiped out its modest revenue gains despite efforts to rein in expenses. Based on its latest financial report, the Lucio Tan-led flag carrier swung to a $159-million net loss […]...Keep on reading: Soaring fuel costs leave PAL with $159-M loss

Nov 5, 2026 - 03:30
Soaring fuel costs leave PAL with $159-M loss
MANILA, Philippines — Philippine Airlines (PAL) remained in the red in the first nine months of 2026, as skyrocketing fuel costs due to the Middle East conflict wiped out its modest revenue gains despite efforts to rein in expenses. Based on its latest financial report, the Lucio Tan-led flag carrier swung to a $159-million net loss […]...

Keep on reading: Soaring fuel costs leave PAL with $159-M loss

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow