Lucio Tan Takes Back Full Control Of PAL

The group of Lucio Tan had sealed a deal with San Miguel Corporation to buy back the Philippine Airlines (PAL). The deal was done Tuesday, September 9, 2014. Lucio Tan is a Chinese-Filipino businessman. His interests are in banking, airline, tobacco, liquor and the real estate industries. He is known to be one of the … Read more

PAL to Build $6 Billion International Airport in Bulacan

The country’s flag carrier and Asia’s first commercial airlines, Philippine Airlines (PAL) is certain of pushing through with the $6 billion development of an international airport to house its growing number of aircrafts according to PAL Chief Executive Ramon Ang. Related Article: Dual Airport System to be Implemented Soon (NAIA-Clark Airport) The revelation was made … Read more