Billionaire Lucio Tan’s Philippine Airlines Exits Bankruptcy, Poised To Recover From Pandemic Losses

HONG KONG, HONG KONG – AUGUST 08: An Airbus A340-313 passenger plane belonging to the Philippine … [+] Airlines taking off at Hong Kong International Airport on August 08 2018 in Hong Kong, Hong Kong. (Photo by Marcio Rodrigo Machado/S3studioGetty Images) Getty Images Philippine Airlines—controlled by billionaire Lucio Tan—has exited from bankruptcy proceedings after a …

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