PAL Holdings first-quarter earnings surge by 20%

Busier operations boosted PAL Holdings earnings in the first three months of 2025.
MANILA, Philippines — The operator of Philippine Airlines (PAL) grew its net income by 20 percent to P4.33 billion in the first quarter. This was attributed to busier operations.
PAL Holdings Inc., in a disclosure, said its top line was up 2.5 percent to P46.9 billion for the period.
Passenger volume rose by 5 percent to 4.1 million in the first quarter.
“We are greatly encouraged by the support of our valued customers who choose to fly on Philippine Airlines’ global network,” PAL president and chief operating officer Stanley Ng said.
Ng said the company is investing in progressive product and service improvements, fleet renewal efforts and digital innovations. Their topmost concern in doing these is safety and reliability.