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Lucio Tan throws Philippines Airlines a US$505mil lifeline

MANILA (Philippine Daily Inquirer/Asia News Network): Billionaire Lucio Tan has thrown Philippine Airlines (PAL) another lifeline which will also tighten his hold on its publicly-listed parent, PAL Holdings Inc. through a fresh capital infusion aimed at keeping the financially troubled flag carrier flying.

Philippine Airlines struggles to survive in pandemic

Philippine Airlines struggles to survive in pandemic
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