PAL Holdings

PAL Holdings, Inc. operates as a holding company primarily engaged in the air transport sector through its major subsidiaries, Philippine Airlines, Inc. and Air Philippines Corporation. As the national flag carrier, Philippine Airlines provides passenger and cargo services both domestically and internationally, connecting the Philippines with various global destinations. The company serves a diverse clientele, including individual travelers, businesses, and freight companies. PAL Holdings generates revenue through ticket sales, cargo services, and ancillary services offered during flights. The company operates in a competitive airline market, focusing on expanding its route network and enhancing customer service to maintain its market position. The governance structure includes a committee overseeing financial reporting and compliance, ensuring adherence to regulations and maintaining transparency in operations. Key members of the board, such as Mr. Johnip G. Cua and Mr. Katsuya Goto, play significant roles in steering the company's strategic direction.