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Industry

Philippine Airlines Losses Balloon to Over P20 Billion in 1H 2020

Losses wiped out cash infusion of P17.7 billion since last year.

PAL Holdings Inc., the parent company of the nation's flag carrier Philippine Airlines, reported a comprehensive loss of P22.02 billion in the first six months of 2020. That's P19.01 billion higher than the P3.01 billion loss it ...

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