PAL
PAL Holdings, Inc.
Press Release
Philippine Airlines Receives First-Time 'BB' Rating from Fitch
🟢 High Impact
Positive
Philippine Airlines has been assigned a first-time 'BB' Long-Term Issuer Default Rating (IDR) with a Stable Outlook by Fitch Ratings. This rating reflects the airline's improved business profile and financial position, which is significant for its operational credibility and potential for future growth.