Philippine Airlines expects to be "profitable or break even" in its fourth fiscal quarter ending March 31 but will remain in the red for the full year, President Jaime Bautista said in comments cited by Reuters. It lost $113.8 million through the six months ended Sept. 30 and posted a $30.6 million profit in the 2008 fiscal year (ATWOnline, July 31, 2008). "On the passenger side there might be a very small growth [in 2009] but we will be happy if we will be able to achieve the same number as ...

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