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                    [ArticleID] => 98893
                    [Title] => Gatchalian to pull out 25% stake in Air Phils
                    [Summary] => 

It's the end of the airline partnership between two business tycoons and close
associates of President Estrada: Lucio Tan and William Gatchalian.

Just two weeks after the crash of an Air Philippines flight in Davao -- the
worst in local aviation history -- Gatchalian's Wellex Group said it would pull
out its 25-percent interest in the country's second largest air carrier.

Arthur Ponsaran, corporate secretary of Air Philippines International Corp.
(APIC), the publicly listed holdin
                    [DatePublished] => 2000-05-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

LUCIO TAN AND WILLIAM GATCHALIAN

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                    [ArticleID] => 98893
                    [Title] => Gatchalian to pull out 25% stake in Air Phils
                    [Summary] => 

It's the end of the airline partnership between two business tycoons and close
associates of President Estrada: Lucio Tan and William Gatchalian.

Just two weeks after the crash of an Air Philippines flight in Davao -- the
worst in local aviation history -- Gatchalian's Wellex Group said it would pull
out its 25-percent interest in the country's second largest air carrier.

Arthur Ponsaran, corporate secretary of Air Philippines International Corp.
(APIC), the publicly listed holdin
                    [DatePublished] => 2000-05-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Gatchalian to pull out 25% stake in Air Phils

By Christina Mendez | May 4, 2000 - 12:00am

It's the end of the airline partnership between two business tycoons and close associates of President Estrada: Lucio Tan and William Gatchalian. Just two weeks after the crash of an Air Philippines flight in...

Business