Boracay Island to Cebu Philippines 🇵🇭 What's Flying with Philippines Airlines Like?

Philippine Airlines (PAL), a trade name of PAL Holdings, Inc. (PSE: PAL) (Philippine Air Lines until 1970), is the flag carrier airline of the Philippines.[6] Headquartered at the PNB Financial Center in Pasay, the airline was founded in 1941 and is the first and oldest commercial airline in Asia.[7][8][9]

The airline's main flight operations are located at Ninoy Aquino International Airport in Metro Manila. Its subsidiary PAL Express mainly operates regional routes while PAL operates both domestic (Cebu, Davao, General Santos, Kalibo, Laoag, Manila, and Zamboanga) and international routes.[10][11]

Philippine Airlines was founded on February 26, 1941. Its predecessor company, Philippine Aerial Taxi Company, was founded on December 3, 1930.[12]

Formerly one of the largest airlines in Asia, PAL was severely affected by the 1997 Asian financial crisis. In one of the Philippines' biggest corporate failures, PAL downsized its international operations by ending flights to Europe and the Middle East, cutting virtually all domestic flights except routes operated from Manila, reducing the size of its fleet, and laying off thousands of employees.

The airline was placed under receivership in 1998 but later restored operations to many destinations. After PAL's exit from receivership in 2007, the airline has frequently revamped its management, seeking to re-establish itself as one of Asia's premier carriers.[13]

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