Air cargo revenues increased 20.6 percent from last year. The increase in the number of flights operated led to the increase in revenues, it said. READ:
The company said consolidated revenues from January to September reached P32.16 billion, up 204 percent from a year ago, as passenger revenues surged 265.3 percent.
Consolidated operating expenses doubled to P85.54 billion from P42.75 billion last year on the impact of higher fuel prices and increased flights.
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