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                    [ArticleID] => 195202
                    [Title] => Lucio Tan puts Philippine Airlines on the block
                    [Summary] => Eight years after taking over Philippine Airlines (PAL), business tycoon Lucio Tan is now looking for buyers willing to take over the flag carrier and complete its rehabilitation. 


Airline sources said yesterday Tan is willing to sell his controlling share in PAL so it would get another round of much-needed capital infusion. 


According to the source, Tan was "not exactly eager" to get out of PAL, but the beer and tobacco magnate was keeping an eye on possible opportunities that would allow him to sell the airline company on good terms. 


                    [DatePublished] => 2003-02-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
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TAIWAN AND JAKARTA

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                    [Title] => Lucio Tan puts Philippine Airlines on the block
                    [Summary] => Eight years after taking over Philippine Airlines (PAL), business tycoon Lucio Tan is now looking for buyers willing to take over the flag carrier and complete its rehabilitation. 


Airline sources said yesterday Tan is willing to sell his controlling share in PAL so it would get another round of much-needed capital infusion. 


According to the source, Tan was "not exactly eager" to get out of PAL, but the beer and tobacco magnate was keeping an eye on possible opportunities that would allow him to sell the airline company on good terms. 


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abtest

Lucio Tan puts Philippine Airlines on the block

By Des Ferriols | February 13, 2003 - 12:00am

Eight years after taking over Philippine Airlines (PAL), business tycoon Lucio Tan is now looking for buyers willing to take over the flag carrier and complete its rehabilitation. Airline sources said yesterday...

Headlines