MANILA -- Philippine Airlines' holding company said its net loss narrowed in the quarter ending September as revenues grew.
PAL Holdings reported net loss attributable to shareholders of P2.52 billion in the third quarter, from P2.92 billion during the same period in 2017.
Gross revenues rose 22 percent to P36.94 billion from P30.27 during the same comparable period. Gross expenses were up 21 percent to P39.73 billion from P32.96 billion.
Shares of PAL Holdings were unchanged at P8 in early trading.