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NCIP issues CDO vs Lio estate

The National Commission on Indigenous Peoples has issued a cease-and-desist order against the Ayala-owned Lio airport and tourism estate in Palawan, which is operated by Ayala Land Inc.’s subsidiary Ten Knots Philippines Inc..

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Philippine Airlines Emerges from Chapter 11 Reinvigorated for the Future

Philippine Airlines Emerges from Chapter 11 Reinvigorated for the Future
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US bankruptcy court allows PAL to access $505M 'debtor-in-possession' financing

Flag carrier Philippine Airlines Inc. (PAL) on Friday announced it has received the approval of a United States bankruptcy court to fully access its “debtor-in-possession” financing amounting to $505 million.  

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