News

PAL still keen on Cambodia Air venture

FLAG carrier Philippine Airlines (PAL) has not lost its interest in pursuing a joint-venture agreement with Royal Group of Cambodia (RGC) to establish Cambodia Airlines Co. Ltd.  PAL President Ramon S. Ang confirmed that his airline’s discussions for investment in the Cambodian carrier are ongoing, as ...

Lorenz S. Marasigan
http://www.businessmirror.com.ph/index.php/en/business/companies/32817-pal-still-keen-on-cambodia-air-venture

PAL still pursuing Cambodia venture

PAL Holdings Inc., the operator of flag carrier Philippine Airlines, said Wednesday it will pursue the plan to invest in Cambodia Airlines. The airline operator said in a disclosure to the stock exchange the “ongoing preparations for the completion of the contemplated joint venture agreement between ...

Lailany P. Gomez
http://manilastandardtoday.com/2014/02/13/pal-still-pursuing-cambodia-venture/

Royal Group Says Cambodia Air Still on Track

Local conglomerate Royal Group has denied that its join venture with Philippine Airlines (PAL) to create Cambodia’s second national carrier has stalled, despite recent remarks by PAL’s president that his company has delayed its investment due to the current political tension here. On Thursday, PAL’s president ...

Joshua Wilwohl
http://www.cambodiadaily.com/business/royal-group-says-cambodia-air-still-on-track-51082/

PAL reassesses Cambodia plan

PAL Holdings Inc., the operator of Philippine Airlines, is reviewing investment plans in Cambodia Air, after it deferred twice the completion of the joint venture with Inter Logistics (Cambodia) Co. Ltd. PAL said earlier it teamed up with Royal Group of Cambodia to establish its ...

Lailany P. Gomez
http://manilastandardtoday.com/2014/01/23/pal-reassesses-cambodia-plan/

PAL vows to pursue Cambodia airline deal with local tycoon

Philippine Airlines continues to pursue talks to form a new Cambodian flag carrier with local telecommunications, banking and property tycoon Kith Meng despite missing a deadline to close the deal for a second time this week, its top executive said. PAL president Ramon S. Ang said ...

Business Inquirer Net News Staff
http://business.inquirer.net/148155/pal-vows-to-pursue-cambodia-airline-deal-with-local-tycoon

PAL expects Cambodia Air deal to push through

Flag carrier Philippine Airlines (PAL) expects no more delays in the completion of the deal with Royal Group of Cambodia (RCG) to form Cambodia Airlines Co. Ltd. Yes, it should be done,” said PAL President Ramon Ang in a text message, when asked if the ...

Lenie Lectura
http://www.abs-cbnnews.com/business/09/26/13/pal-expects-cambodia-air-deal-push-through

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