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                    [ArticleID] => 355511
                    [Title] => PAL posts banner year on 63% profit hike
                    [Summary] => Philippine Airlines earned a profit of $28.7 million on revenues of $1.24 billion for its fiscal year that ended last March 31, 2006, PAL chairman Lucio C. Tan and president Jaime J. Bautista reported to the flag carrier’s shareholders yesterday.


The profit represented a hefty 63-percent increase over the previous fiscal year’s net income of $17.6 million.  It was the airline’s most profitable year in over a decade. PAL last reported a surplus exceeding $20 million in 1993, when it booked $40.5 million.


                    [DatePublished] => 2006-08-31 00:00:00
                    [ColumnID] => 133272
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MARIANO TANENGLIAN AND BAUTISTA

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                    [ArticleID] => 355511
                    [Title] => PAL posts banner year on 63% profit hike
                    [Summary] => Philippine Airlines earned a profit of $28.7 million on revenues of $1.24 billion for its fiscal year that ended last March 31, 2006, PAL chairman Lucio C. Tan and president Jaime J. Bautista reported to the flag carrier’s shareholders yesterday.


The profit represented a hefty 63-percent increase over the previous fiscal year’s net income of $17.6 million.  It was the airline’s most profitable year in over a decade. PAL last reported a surplus exceeding $20 million in 1993, when it booked $40.5 million.


                    [DatePublished] => 2006-08-31 00:00:00
                    [ColumnID] => 133272
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abtest

PAL posts banner year on 63% profit hike

August 31, 2006 - 12:00am

Philippine Airlines earned a profit of $28.7 million on revenues of $1.24 billion for its fiscal year that ended last March 31, 2006, PAL chairman Lucio C. Tan and president Jaime J. Bautista reported to the flag...

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