PAL Holdings, Inc. (PSE: PAL), the parent company of Philippine Airlines, has announced that its subsidiary is purchasing nine additional Airbus A350-1000 aircraft, according to a press release filed with the Securities and Exchange Commission on July 21, 2026.

What Does This Mean?

Think of PAL Holdings like a parent who owns Philippine Airlines (PAL), the country’s flag carrier. When we say PAL is ordering new planes, it’s like your family buying new cars – but these are very expensive, high-tech airplanes that can fly very long distances.

About the Airbus A350-1000

The Airbus A350-1000 is one of the newest and most modern aircraft in the world. It’s a wide-body plane, which means it’s big enough to have two aisles inside (the walkways between seats). These planes are designed for long international flights and can carry hundreds of passengers comfortably.

Why Is This Important?

When an airline orders new planes, it usually means several things:

• The airline is planning to grow its business and fly to more places
• They want to replace older planes with newer, more fuel-efficient ones
• They’re investing in better comfort and service for passengers
• They have confidence in future travel demand

About PAL Holdings, Inc.

PAL Holdings, Inc. has the SEC Registration Number PW-94 and is listed on the Philippine Stock Exchange. The company is headquartered at the Lucio K. Tan, Jr. Center, Philippine Airlines, PAL Gate 5, Andrews Avenue, Pasay City. As of this filing, the company has 26,852,106,890 outstanding common shares.

The parent company owns Philippine Airlines, which is the Philippines’ leading airline and has been serving passengers for decades, connecting the Philippines to destinations around the world.

This information was disclosed in a SEC Form 17-C filed by PAL Holdings, Inc. with Ma. Cecilia L. Pesayco signing as Corporate Secretary.