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Lucio Tan seeks to consolidate grip on Philippine Airlines

Philippine Airlines Boeing 777-300 © Boeing Philippine Airlines Boeing 777-300

Philippine Airlines (PR, Manila) majority shareholder, Lucio Tan, has announced plans to further consolidate its grip on the company with plans to buy out minority shareholders in the carrier's parent PAL Holdings Inc.

As a result of its USD1.1billion buyout of San Miguel last month, Tan now owns a 89.78% stake in PAL Holdings through its ownership of Trustmark Holdings Corp. PAL Holdings in ...

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ch-aviation interview: Dirk Eggert, GM Rhein-Neckar Air
ch-aviation interview: Dirk Eggert, GM Rhein-Neckar Air

Having commenced operations in March of this year, Rhein-Neckar Air is Germany’s newest scheduled airline. Founded by several companies from the Rhine-Neckar Region, the airline has wet-leased a Dornier 328 to ply its only route – Mannheim to Berlin Tegel – previously operated by the now defunct regional carrier, Cirrus Airlines. Niels Trubbach had the chance to chat with Dirk Eggert, general m...

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