MANILA -- Tycoon Lucio Tan has become the interim president of Philippine Airlines, consolidating his control over the country's largest carrier amid succession talks surrounding his business empire.
The 85-year-old businessman, who is concurrently the airline's chairman and CEO, assumed the role on July 12, pending a formal ratification by the board during a meeting later this month. He will keep that role until the board finds a new president, sources said.
