United States

PAL Holdings Inc clarifies on news article posted in Abs-cbnnews.com

Thursday, 28 Sep 2017 09:35pm EDT 

Sept 29 (Reuters) - PAL Holdings Inc ::Refers to news article titled “settle your debts, Duterte tells PAL's Lucio Tan” posted in abs-cbnnews.com on 28 September.To date parties have not yet reached settlement with civil aviation authority of the Philippines regarding unpaid navigational fees & other charges.The issue should not have any significant impact on PAL’s business and financial condition. 

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