Who wants PAL? Not Lufthansa

Lucio Tan says he is in talks to sell part of Philippine Airlines to Lufthansa. An unlikely story, which has subsequently been denied by the German carrier.
April 24, 2000

Lucio Tan claims to be in talks to sell part of his controlling stake in debt-ridden Philippine Airlines (PAL) to Lufthansa, though these would appear to be fairly one-sided at present.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Share our publication on social media
Share our publication on social media