PAL Holdings, Inc. was incorporated in the Philippines on May 10, 1930, and engages in the business of a holding company. The Company and its subsidiaries are primarily engaged in air transport of passengers and cargo within the Philippines and between the Philippines and several international destinations.
The Group operates through its major subsidiaries: Philippine Airlines, Inc., the Philippine national flag carrier, and Air Philippines Corporation, a subsidiary under common control that was indirectly acquired through Zuma Holdings Management Corporation in 2017. The Company is a subsidiary of Trustmark Holdings Corporation and is part of the Lucio Tan Group of Companies.
PAL stemmed from the Philippine Aerial Taxi Company established in 1931 by co-founder Andres Soriano, who shut it down in 1939 and replaced it with Philippine Air Lines two years later. PAL had its inaugural flight with only five passengers from Makati to Baguio on March 15, 1941. PAL was brought under government ownership in the 1970s and 1980s, reverting to private hands in the early 1990s, and today is the only privately-owned major flag carrier in Southeast Asia.
PAL is the Philippines’ largest international airline and the only full-service Filipino air carrier offering Business Class, Premium Economy and Regular Economy services. Its growing fleet consists of modern high-technology aircraft such as the Boeing 777 along with the Airbus A350 and A330 for long-haul routes and the A320/A321 family for regional and domestic routes. The flag carrier operates from four hub airports—Manila, Cebu, Clark and Davao—in the Philippines to an inclusive total of 25 domestic destinations and 28 points in Asia, Australia/Oceania, the Middle East, Europe and North America.
PAL operates the country’s only direct air links to mainland U.S.A., Hawaii, Canada, New Zealand and Western Europe, Japan and Australia.