Philippine Airlines Orders New Rolls-Royce Engines for More A350-1000 Aircraft
PAL Holdings, Inc. (PSE: PAL), the parent company of Philippine Airlines, announced on July 22, 2026 that its subsidiary has placed an order for Rolls-Royce Trent XWB-97 engines. These engines will power additional Airbus A350-1000 aircraft that the airline is adding to its fleet. What Does This Mean? Think of an airplane like a really […]
Ayala Corporation Buys 9.7 Million Ayala Land Shares at PHP 16.919 Each
Ayala Corporation, one of the Philippines’ oldest and largest conglomerates, has purchased more shares in Ayala Land, Inc., according to a disclosure filed with the Philippine Stock Exchange on July 21, 2026. What Happened? Think of it like this: imagine you own a toy store, and that toy store also owns a smaller candy shop. […]
GSIS Boosts Its Investment in Megawide Construction to 9.5% Ownership
The Government Service Insurance System (GSIS) has increased its stake in Megawide Construction Corp. by purchasing 111,941,350 shares through several block transactions, according to a press release dated July 21, 2026. This brings GSIS’s total ownership to 9.5%, equivalent to 191,711,295 common shares, making it one of the major local institutional investors in the construction […]
PAL Holdings Subsidiary Philippine Airlines Orders 9 More Airbus A350-1000 Aircraft
PAL Holdings, Inc. (PSE: PAL), the parent company of Philippine Airlines, has announced that its subsidiary is purchasing nine additional Airbus A350-1000 aircraft, according to a press release filed with the Securities and Exchange Commission on July 21, 2026. What Does This Mean? Think of PAL Holdings like a parent who owns Philippine Airlines (PAL), […]