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PAL Holdings Inc (PAL.PS)

PAL.PS on Philippine Stock Exchange

27 Apr 2017
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Latest Key Developments (Source: Significant Developments)

PAL clarifies news article published in The Manila Times
Thursday, 20 Apr 2017 03:21am EDT 

April 20 (Reuters) - PAL Holdings Inc :Comments on news article "PLDT, PAL biggest 'violators' of labour laws" published in The Manila Times.Management is currently carrying out verification process on labour related allegations committed by some service providers.Clarify that "noted" infractions/violations were allged acts commited by service providers of PAL and PAL express stations.  Full Article

Pal Holdings refers to disclosure regarding share swap arrangement
Monday, 27 Feb 2017 09:17pm EST 

Pal Holdings Inc : Refers to disclosure dated 2 dec 2016 regarding share swap arrangement between undersigned co and zuma holdings and management corporation . Philippine Competition Commission has determined that share-swap deal between Zuma and Pal will not result in change of control of acquired entity . PCC will not take any further action with regard to the transaction; undersigned company will proceed with share swap transaction .Deal regarding integration of two airlines Philippine Airlines, Inc. and Air Philippines Corporation into undersigned company.  Full Article

PAL Holdings clarifies on news report regarding co's plans about re-IPO
Monday, 16 Jan 2017 02:40am EST 

PAL Holdings Inc : Refers to letter on Jan 16 seeking clarification of news article "PAL holdings plans re-IPO" in Philstar.Com . Confirms co is studying the possibility of a re-IPO as one of the stratigies to beef up capital .Says while co has fleet expansion plans, the reference to 33 more airplanes until 2024 has no basis at this time.  Full Article

PAL Holdings clarifies on article in Manila Standard
Monday, 26 Dec 2016 11:20pm EST 

Pal Holdings Inc - : Clarification of article in manila standard titled "PAL expects 15m passengers in 2017" .PAL expects to achieve its target to carry 15 million passengers in 2017.  Full Article

PAL Holdings says board approved acquisition of Zuma Holdings Management
Monday, 28 Nov 2016 08:41pm EST 

PAL Holdings Inc :board approved acquisition through share swap transaction of shares of Zuma Holdings Management Corp from existing shareholders.  Full Article

Pal Holdings says qtrly net loss 1.98 billion pesos
Friday, 18 Nov 2016 03:14am EST 

Pal Holdings Inc - :Qtrly net loss 1.98 billion pesos versus profit of 243.6 million pesos ; Qtrly operating revenue 27.78 billion pesos versus 26.21 billion pesos.  Full Article

PAL Holdings clarifies on news report
Monday, 14 Nov 2016 01:48am EST 

Pal Holdings Inc : Refers to letter dated november 14, 2016, seeking clarification of the news article published in philstar.com on november 14 .Confirms there is on-going discussion for acquisition of five q400aircraft with option to acquire additional five q400 aircraft from Bonbardier, Inc..  Full Article

PAL qtrly net income 1.60 bln pesos versus 2.05 bln pesos
Sunday, 14 Aug 2016 10:19pm EDT 

PAL Holdings Inc : Qtrly net income 1.60 billion pesos versus 2.05 billion pesos ; operating revenue 28.45 billion pesos 28.30 billion pesos .  Full Article

PAL Holdings provides clarification on news article
Sunday, 3 Jul 2016 11:12pm EDT 

PAL Holdings Inc : Refers to the letter dated July 1, 2016, seeking clarification of news article "PAL sees $4 million loss due to brexit" . Expecting an estimated $4 million loss this year from its Europe operations due to devaluation of pound sterling against US dollar . Remains optimistic and will pursue planned expansion in Europe by 2018 despite the exit of the United Kingdom from the European union .  Full Article

PAL reports Qtrly net income of 2.93 billion pesos
Friday, 13 May 2016 03:48am EDT 

PAL Holdings Inc : Qtrly total revenue 29.12 billion pesos versus 27.98 billion pesos . Qtrly net income 2.93 billion pesos versus 3.71 billion pesos .  Full Article

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