PAL Holdings swings to P6.12-B Q2 loss as flying costs surge

WIRE — PAL HOLDINGS, Inc., operator of Philippine Airlines (PAL), swung to an attributable net loss of P6.12 billion in the second quarter from a P3.33-billion attributable net income a year earlier, as expenses rose faster than revenue amid a surge in flying operations costs. The company reported second-quarter revenue of P51.38 billion, up 10.8% from P46.39

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