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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 355511 [Title] => PAL posts banner year on 63% profit hike [Summary] => Philippine Airlines earned a profit of $28.7 million on revenues of $1.24 billion for its fiscal year that ended last March 31, 2006, PAL chairman Lucio C. Tan and president Jaime J. Bautista reported to the flag carriers shareholders yesterday.
The profit represented a hefty 63-percent increase over the previous fiscal years net income of $17.6 million. It was the airlines most profitable year in over a decade. PAL last reported a surplus exceeding $20 million in 1993, when it booked $40.5 million.
[DatePublished] => 2006-08-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
MARIANO TANENGLIAN AND BAUTISTA
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 355511 [Title] => PAL posts banner year on 63% profit hike [Summary] => Philippine Airlines earned a profit of $28.7 million on revenues of $1.24 billion for its fiscal year that ended last March 31, 2006, PAL chairman Lucio C. Tan and president Jaime J. Bautista reported to the flag carriers shareholders yesterday.
The profit represented a hefty 63-percent increase over the previous fiscal years net income of $17.6 million. It was the airlines most profitable year in over a decade. PAL last reported a surplus exceeding $20 million in 1993, when it booked $40.5 million.
[DatePublished] => 2006-08-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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August 31, 2006 - 12:00am
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