PAL posts quarterly loss of $11.3 million

Philippine Airlines incurred a loss of $11.3 million for October-to-December 2007, but still emerged with a profit of $11.5 million for the first nine months of its 2007-2008 fiscal year. The loss contrasted with net income of $79.5 million in the same period in 2006

The flag carrier earned $15.3 million in operating income in October-to-December 2007

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