Budget carriers restart operations | Inquirer Business

Philippine budget airlines are restarting flights to select international destinations even as they struggle with drastically lower demand and the lack of government support amid the coronavirus pandemic. AirAsia Philippines announced the start of flights from Manila to Kuala Lumpur on July 21, with plans to fly to Bangkok (Don Mueang) and Taipei by Aug. […]

SMC operations suffer due to pandemic

Conglomerate San Miguel Corp. (SMC) saw a 91-percent year-on-year drop in first-quarter net profit to P1.09 billion as the lockdown measures required to address the new coronavirus (COVID-19) pandemic gnawed on its beer, oil, infrastructure and energy businesses. The...