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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
[URL] =>
)
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)
TAIWAN AND JAKARTA
Array
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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
[URL] =>
)
)
)
abtest
By Des Ferriols | February 13, 2003 - 12:00am
Recommended
The House prosecution panel may further shorten its witness lineup in the impeachment trial of Vice President Sara Duterte if the remaining testimony will be able to complete the evidentiary “puzzle” under the first article of impeachment, which tackles the alleged misuse of P612.5 million in confidential funds.
14 hours ago
The Senate committee on finance will not approve any new flood control projects for the upcoming fiscal year as it intends to force the Department of Public Works and Highways (DPWH) to complete unfinished works first.
14 hours ago
Vice President Sara Duterte “will try to comply” with the sub judice rule issued by impeachment court presiding officer Sen. Francis Escudero, according to her counsel.
1 day ago
China is exploiting the impeachment trial of Vice President Sara Duterte and the flood control scandal to disrupt the government and advance its expansionist goal, the Armed Forces of the Philippines spokesman for the West Philippine Sea said yesterday.
1 day ago
A lawyer for Vice President Sara Duterte said the prosecution will not present alleged bagman Ramil Madriaga as witness in the ongoing impeachment trial.
1 day ago
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