THE Philippine Airlines reelected Lucio Tan as chairman and chief executive officer while introducing Air 21 boss Alberto Lina to the 15-man board of directors on Thursday's meeting at Century Park Hotel in Manila.

Others who were named to the board during the annual stockholder’s meeting are Lucio Tan, Harry Tan, Antonio Alindogan, Jr., Jaime Bautista, Charles Chante, Enrique Cheng, Joseph Chua, Gloria Tan-Climaco, Estelito Mendoza, Cesar Santos, Henry So Uy, Washington SyCip, Lucio Tan, Jr. and Michael Tan.

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Bautista was also reappointed PAL president and chief operating officer.

"Bert Lina's experience in air travel and logistics solutions will hopefully provide a fresh perspective at how we can address current challenges," said Bautista.

The 62-year-old Lina is the current head of the Lina Group of Companies, which includes Airfreight 2100 Inc., U-Freight, Cargohaus, LGC Logistics, Mail & More, among others.

Lina holds a degree in Business Administration (with honors) at the Philippine School of Business Administration, graduating with a Bachelor of Science degree in Business Administration in 1968.

The 69-year-old airline posted a weak $31.6 million (roughly P1.4 billion) profit for its peak season from April to June, which they attributed to higher jet fuel prices and reduction in “other income.”

PAL, which is currently battling financial and labor woes, also reported a narrower loss for its last fiscal year ending March 2010 at $14.4 million from $297.8 million a year ago. (Virgil Lopez/Sunnex)