Lucio Tan: PAL not for sale
Posted at 06/11/2010 12:32 PM | Updated as of 06/11/2010 6:33 PM
MANILA, Philippines - Businessman Lucio C. Tan is not giving up on Philippine Airlines (PAL) despite burgeoning losses, labor problems, and competition from budget airlines.
“Not for sale,” Mr. Tan, chairman of PAL Holdings, Inc., told reporters after Eton Properties Philippines, Inc.’s annual stockholders’ meeting in Makati.
The airline wants to lay off 3,000 workers and outsource non-core operations to cut losses. The plan was put on hold by the Labor department last April.
PAL had net loss of $40.2 million for nine months of its current fiscal year, narrower than the $330.2 million reported the previous year.
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PAANO KIKITA
PAANO KIKITA ANG PAL, EH ANG MGA NAKASUBCONTRACT SA PAL AY PG MAMAY-ARI NI LUCIO TAN AT THE OVERPRICE CONTRACT...ULTIMO GAMIT SA CATERING,MEATS,POULTRIES,FISHRIES, KNG ANONG PA GAMIT NA GAGAMITIN SA CATERING AY LAHAT NAKA SUBCONTRACT SA MGA COMPANYA NI LUCIO SA MATAAS NA PRESYO,SA MGA GROUND SERVICES TRACTOR,GROUND EQUIPMENT NAKA SUBCON DIN IYAN SA MGAPAG MAMAY ARI NI LUCIO,,LUGI NGA ANG PAL PERO KUMIKITA NAMAN ANG MGA COMPANYANG PAG MAMAY ARI NI TAN AT THE EXPENSE OF PHILIPPINE AIRLINES WHICH IS OUR GOVERNMENT IS PARTLY OWNER.
LOOK AT CEBU PAC MABABA ANG PAMASAHE KUMIKITA NAMAN..
LOOK AIRPHILS MABABA RIN ANG PAMASAHE KUMITA BA?? YAN DAHIL SA MGA DUMMY COMPANY NI LUCIO TAN DIN...
PAANO KIKITA
PAANO KIKITA ANG PAL, EH ANG MGA NAKASUBCONTRACT SA PAL AY PG MAMAY-ARI NI LUCIO TAN AT THE OVERPRICE CONTRACT...ULTIMO GAMIT SA CATERING,MEATS,POULTRIES,FISHRIES, KNG ANONG PA GAMIT NA GAGAMITIN SA CATERING AY LAHAT NAKA SUBCONTRACT SA MGA COMPANYA NI LUCIO SA MATAAS NA PRESYO,SA MGA GROUND SERVICES TRACTOR,GROUND EQUIPMENT NAKA SUBCON DIN IYAN SA MGAPAG MAMAY ARI NI LUCIO,,LUGI NGA ANG PAL PERO KUMIKITA NAMAN ANG MGA COMPANYANG PAG MAMAY ARI NI TAN AT THE EXPENSE OF PHILIPPINE AIRLINES WHICH IS OUR GOVERNMENT IS PARTLY OWNER.
LOOK AT CEBU PAC MABABA ANG PAMASAHE KUMIKITA NAMAN..
LOOK AIRPHILS MABABA RIN ANG PAMASAHE KUMITA BA?? YAN DAHIL SA MGA DUMMY COMPANY NI LUCIO TAN DIN...